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Economy

Mar 18, 2015
NAIROBI is the most attractive African city for Foreign Direct Investments and ranks seventh among the continent's top 20 cities of opportunity, according to a survey by PricewaterhouseCoopers. Titled 'Into…
Mar 17, 2015
The number of ultra-high net worth individuals – those with at least $30 million in assets – in Africa will increase by a staggering 59% over the next 10 years,…
Mar 17, 2015
Total capital imported into Nigeria in 2014 summed up to $20.75 billion as against $21.32 billion in 2013, representing a drop of 2.66 percent. Analysts at Meristem Securities Limited, a…
Mar 16, 2015
The Finance Minister, Seth Tekper has announced that government’s spending for this year will be cut by GH¢1.5billion due to the expected decline in oil and tax revenue. Government had…
Mar 12, 2015
AP Pic Zimbabwe is planning to merge all diamond mining companies, including the local unit of Rio Tinto, into one big firm in which the state will own half of…
Mar 11, 2015
The cost of communications in Southern Africa is rising, as operators raise rates to cover network expansion costs and make up for inflation, which is digging into their profits. Zambian…
Mar 05, 2015
HARARE - Nigel Chanakira, fresh-faced and with wide eyes magnified by thick-lensed spectacles, charmed his way into Zimbabwean living rooms and the country’s collective financial consciousness in the nineties with…
Mar 04, 2015
Central African countries have been once again admonished to increase their efforts at achieving the kind of regional integration that will foster sustainable growth in all the economies of the…
Mar 03, 2015
The four-day meeting that started on 2 March at the Carlton Hotel of Madagascar is the 19th Session of Intergovernmental Committee of Experts of the United Nations Economic Commission for…
Mar 02, 2015
At 91 years, veteran Zimbabwean President Robert declares he is still fully in charge as the country's president, pouring scorn on sceptics wary of his advancing age and the rising…
Feb 27, 2015
U.S. Assistant Secretary of State for African Affairs Linda Thomas-Greenfield, right, testifies on Capitol Hill in Washington, January 2014. Pic Credit: AP Nigeria’s upcoming national election is "a bellwether for…
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…

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