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Economy

Feb 26, 2015
Following the Budget speech it is clear that public and private partnership is necessary to fast track our efforts to create jobs and drive economic growth. One of the ways…
Feb 25, 2015
South Africa's growth rate fell to 1.5 percent last year, official data showed Tuesday, as strikes and power cuts hobbled Africa's second-largest economy. The preliminary 2014 figure announced by Statistics…
Feb 24, 2015
In this Sept. 30, 2014, file photo, nine-year-old Nowa Paye is taken to an ambulance after showing signs of the Ebola infection in the village of Freeman Reserve, about 30…
Feb 20, 2015
One of the mostly firmly held imperatives in traditional African society is respect and compassion for the elderly. If the taboo is flouted, it implies something is very seriously amiss…
Feb 19, 2015
HARARE – At least 76 percent of Zimbabwe’s 7 million adult population is living on less than $200 a month, according to a consumer survey conducted by the country’s official…
Feb 18, 2015
HARARE – Zimbabwe’s biggest labour body, the Zimbabwe Congress of Trade Unions (ZCTU) on Tuesday warned that it will soon wage protests against the Reserve Bank of Zimbabwe’s (RBZ) recommendation…
Feb 18, 2015
THE International Monetary Fund has agreed to make loans of about $US700million available to Kenya. The money will be used as an insurance policy to protect against any threats to…
Feb 18, 2015
Ghana received in excess of 281 million dollars as total proceeds from liftings from crude oil for the second half of 2014. According to figures from the bank of Ghana…
Feb 17, 2015
The Government is expeditiously aligning laws with the new Constitution to deal with corruption cases that have reached alarming levels, Vice President Emmerson Mnangagwa has said.Addressing students of the Joint…
Feb 13, 2015
No fewer than 5,400 vessels called at Nigerian ports last year, shippers in the country have said. The shippers, under their umbrella union, Shippers' Association Lagos State (SALS), said the…
Feb 12, 2015
Nairobi is the most intelligent city in Africa according to a report released by The Intelligent Community Forum (ICF). Nairobi has been listed among the 21 most intelligent cities for…
Feb 11, 2015
The performance of the Nigerian Stock Exchange (NSE) remained the worst among leading African exchanges as investors delay their return to the Nigerian market. The NSE All-Share Index had recorded…
Feb 11, 2015
Standard Chartered remains committed to expanding its presence in Africa to tap the vast potential of the continent's high-growth economies, the firm's executive director told CNBC. "Seven of the 10…
Feb 10, 2015
Africa is losing more than $50bn (£33bn) every year in illicit financial outflows as governments and multinational companies engage in fraudulent schemes aimed at avoiding tax payments to some of…
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