Business

Aug 09, 2016
Tanzania's current account deficit shrunk by 55 percent in the year to May, central bank data showed on Tuesday, as the country benefited from a jump in tourist arrivals and…
Aug 06, 2016
Nigerian investor Aliko Dangote's plans for US$1 billion worth of investment in Zimbabwe could go up in smoke after the country's Immigration Department denied visas to aides he wanted to…
Aug 05, 2016
Africa’s Richest man and President of the Dangote Group, Alhaji Aliko Dangote, has increased the refinery capacity of his company to process 650, 000 barrels per day. President of the…
Aug 04, 2016
It is a cliched image. Passengers lined up at the check-in desk for various flights back to African capitals, trolleys overloaded and suitcases straining at the weight limit. A Jumia…
Aug 03, 2016
Firestone Diamonds announced that it has extended the date by when all conditions for the disposal of its Botswana operations to Tango Mining Limited, IDEX Online reports. The sale has…
Aug 01, 2016
Hungary is exploring the renewal energy, water management, IT, waste management, agriculture and food processing sectors in Ghana, in order to build strong investment projects in the country. Mr Andra's…
Jul 31, 2016
Kenya overtook South Africa to become the biggest investor in other African countries in terms of the number of projects in 2015. Kenya invested in 36 projects last year in…
Jul 29, 2016
A UNITED Kingdom researcher has projected Zimbabwe's current account deficit to rise to US$2,8 billion this year, largely due to a widening trade deficit despite a comprehensive ban on imports…
Jul 27, 2016
Government has issued over 6,000 import certificates, with three quarters of those for South African products, five months after it tightened the flow of imports to curb dumping of substandard…
Jul 26, 2016
China’s non-financial direct investment inflows into Ghana has hit 44.43 million dollars, ranking fifth in Africa and first in Western and Central Africa. In 2015, China-Ghana trade registered 6.6 billion…
Jul 20, 2016
Shoprite Holdings Ltd. rose the most in almost 19 years after Africa’s biggest food retailer said growth in full-year sales accelerated, led by gains at stores outside its home market…
Jul 17, 2016
Twenty-six African countries have failed to agree on how traders would access a market of more than 600 million people through the proposed Tripartite Free Trade Area (TFTA), blurring expansion…
Jul 16, 2016
The Minister of Trade and Industry (dti), Rob Davies, has vowed to get to the bottom of the ban that was imposed recently by the Zimbabwean government on all South…
Jul 14, 2016
RLG Communications Nigeria has won a contract to manufacture and supply 150,000 digital set-up boxes (STBs) for the pilot phase of the migration which was being executed by the Television…

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