Economy

May 08, 2019
International investigators should probe the killings of more than 200 people in Ethiopia amid a territorial dispute near the Sudanese border, a regional official said. The violence occurred on Friday…
May 07, 2019
South Africa goes to the polls on Wednesday with the leaders of the three main parties vying for votes in a race that could test the ruling ANC's long-held dominance.…
May 06, 2019
Even with a decisive election victory for South Africa’s ruling party this week, the country’s President Cyril Ramaphosa could still struggle to push through the tough reforms needed to galvanize…
May 02, 2019
Dr Abiodun Adedipe, a member of the Nigerian Economic Summit Group, says that increasing tax rates is not the cure all for growing tax revenue in Nigeria. Adedipe, also a…
Apr 28, 2019
The Nigerian National Petroleum Corporation (NNPC) has said the country’s oil production will experience a 20 million litres shortfall by 2020. The shortfall translates to 427,000 litres per day of…
Apr 20, 2019
Sudan's ousted President, Omar al-Bashir, has been moved to a prison in Khartoum, as hundreds of people staged a sit-in outside the army headquarters, calling for a quick handover of…
Apr 19, 2019
Economic disruption from uneven currency trading in Nigeria and continued electricity shortages in South Africa are set to hold back overall growth across sub-Saharan Africa this year, a Reuters poll…
Apr 19, 2019
Zimbabwe's government has reacted swiftly and ordered bread-makers to reverse a 50% bread price hike that had been effected. Information, Minister Monica Mutsvangwa told journalists at a post-Cabinet press briefing…
Apr 19, 2019
It is in South Africa's interest to see a thriving and stable Zimbabwe. A collapse of its neighbour's economy would probably see an influx of legal and illegal migrants into…
Apr 14, 2019
Zimbabwe's intelligence agency reportedly stopped former Botswana President Ian Khama and Pelonomi Moitoi, a key rival to incumbent Masisi, along with a South African tycoon, from holding a secret meeting at…
Apr 10, 2019
Nigeria and United Arab Emirates (UAE) on Tuesday reaffirmed the need to work together to further consolidate on the strong relationship and mutual respect between the countries. Mr Femi Adesina,…
Apr 08, 2019
The London Court of International Arbitration proceeding rules against the government of Djibouti to pay Dubai-based DP World, which owns 33.3 percent of Doraleh Container Terminal (DCT), a Djibouti port.…
Apr 08, 2019
Ghana obtained a provisional Effective Implementation (EI) rate of 89.89 per cent, the highest by an African country, after the International Civil Aviation Organization (ICAO) concluded its Coordinated Validation Mission…
Apr 07, 2019
A group of unemployed men attacked Malawian migrants living in the South African city of Durban at the end of March. It followed a recent spate of other incidents in…
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