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Economy

Nov 02, 2015
South Africa has suffered in the past few months the worst drought since 1960s, Minister of Water Affairs and Sanitation Nomvula Mokonyane says. The government on Monday announced the allocation…
Nov 01, 2015
Zimbabwe -- With the rains not having fallen as they normally do, water levels have dropped in a dam that supplies electricity to Zambia and Zimbabwe, causing power blackouts, business…
Oct 30, 2015
To strengthen ties with African countries and counter the growing influence of China in that region, Prime Minister Narendra Modi on Thursday announced a concessional credit grant of $10 billion…
Oct 29, 2015
This was said Thursday in New Delhi by Angolan vice president, Manuel Domingos Vicente. Manuel Vicente, who is representing the Angolan president in the 3rd India/Angola Forum Summit, said in…
Jun 08, 2015
African governments, investors, and international financial institutions must significantly scale up investment in energy to unlock Africa’s potential as a global low-carbon superpower. That is the main message of a…
Jun 01, 2015
Botswana is among African countries that have performed satisfactorily in some of the goals specified in the Millennium Development Goals – or MDGs as they are commonly known. Goal 3…
May 20, 2015
The National Railways of Zimbabwe (NRZ) struggling with debts amounting to nearly $300 million is banking on a $653 million loan from the Development Bank of South Africa (DBSA) to…
May 19, 2015
South Africa's competition watchdog said Tuesday it had opened an investigation into foreign currency price fixing by several international banks, including Citigroup, Barclays, JP Morgan Chase and Standard Chartered. The…
May 13, 2015
South Africa's consumer inflation is likely to trend steadily higher this year as food prices rise, putting pressure on the central bank to increase interest rates this year, analysts say.…
May 11, 2015
The European Union has urged Zimbabwe’s Parliament to police the Treasury to ensure effective use of scarce financial resources as the country battles economic challenges. Speaking at the launch of…
May 11, 2015
The fifth edition of the Business and Financial Times’ flagship event, the Ghana Economic Forum (GEF) on the theme “Ghanaian-Owned Economy: Setting the Agenda for Achieving It”, will come off…
May 09, 2015
The World Health Organisation (WHO) on Saturday declared Liberia free of Ebola after no new cases were reported for 42 days, twice the virus’ incubation period. The last Ebola patient…
May 09, 2015
Whether they like it or not, many Africans faced with the possibility of having to access water through prepaid meters have resorted to unprotected and often unclean sources of water…
May 04, 2015
Jose Filomeno dos Santos. The son of Angola's veteran president Angola, Africa’s second-largest oil producer, is attempting to ramp up investment in new industries and looking for foreign co-investors in…
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