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Economy

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…
May 02, 2015
President Paul Kagame Rwanda's economy is expected to grow by 6.5 percent this year and next after 7.0 percent in 2014, Rwanda's finance minister said on Thursday. Claver Gatete said…
Apr 28, 2015
Sudanese President Omar Hassan al-Bashir Sudanese President Omar Hassan al-Bashir extended his quarter-century in power with landslide election victories for himself and his ruling party, according to results announced on…
Apr 26, 2015
Ghana and Ivory Coast want to develop their offshore oil reserves Ghana has been told by an international tribunal not to begin any new offshore drilling for oil in disputed…
Apr 23, 2015
Ghana’s quest to implement the Common External Tariffs (CET) adopted by member-states of the Economic Community of West Africa States (ECOWAS) is meant to give rise to the concept of…
Apr 21, 2015
Zulu King Goodwill Zwelithini The Zulu king whose comments are thought to have sparked a wave of anti-immigrant attacks in South Africa has called for peace and an end to…
Apr 18, 2015
A man carries an axe as he walks past a burnt out vehicle near the Jeppies Hostles, where foreign nationals live, in the Jeppestown area of Johannesburg, on April 17,…

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