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Economy

Jul 22, 2018
China’s President Xi Jinping pledged during a visit to Senegal on Saturday to strengthen economic ties with Africa, a continent already awash with cheap Chinese loans in exchange for minerals…
Jul 20, 2018
The end of hostilities between Ethiopia and Eritrea has been met with relief in the region as well as globally. But what does it mean for Eritrea, which has been…
Jul 19, 2018
Roses and champagne have been given to passengers on the first commercial flight between Ethiopia and Eritrea in 20 years. Ethiopian Airlines said its "bird of peace" flew to Eritrea,…
Jul 18, 2018
The Tanzania Mining Commission (TMC) appointed recently by President John Magufuli has uncovered rampant smuggling of the tanzanite gemstone from the Merelani mines despite the construction of a protective wall…
Jul 17, 2018
South Africa’s economy was built on the mining industry. But the sector has been in decline for decades. Mining contributed R312 billion, or 6.8%, to South Africa’s GDP and 464…
Jul 11, 2018
This week Ethiopian Prime Minister, Abiy Ahmed visited neighbouring Eritrea, to be greeted by President Isaias Afwerki. The vast crowds that thronged the normally quiet streets of Eritrea’s capital, Asmara,…
Jul 05, 2018
Amid a fresh wave of civil unrest in the Democratic Republic of Congo (DRC), the international community must question its confidence in President Joseph Kabila to achieve stability in a…
Jul 03, 2018
Domestic sales figures in June 1028 have exceeded industry expectations but export sales continue to disappoint, reports Naamsa. Vehicles sales by the numbers New vehicle sales at 46 678 units…
Jun 29, 2018
Cape Town - The South African Human Rights Commission has said that economic challenges that prompted the VAT and fuel levy hikes announced in the budget could have been averted…
Jun 29, 2018
Total revenue from the solid mineral sector in Nigeria in the past nine years stands at about N262 billion, maintaining a slow rise from N8.1 billion in 2007 to N65.7…
Jun 25, 2018
Cameroon’s governance and security problems have historically attracted little outside attention. But this seems likely to change, for two reasons. The first is the growing political crisis in the Central…
Jun 25, 2018
Sometimes a throwaway sentence is more illuminating than it ought to be. A line in an article in Roads & Kingdoms in January about the Chinese in Lagos did just…
Jun 20, 2018
Rwanda’s economy expanded by 10.6% in the first quarter of 2018, where GDP at current market prices was estimated at Frw 1,985 billion, up from Frw 1,816 billion in the…
Jun 18, 2018
The latest World Bank report on South Africa is not only remarkable for the collaborative method it employed, but also for some of the conclusions it reached on issues like…

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