Economy

Apr 30, 2018
Tanzania has approached the African Development Bank (AfDB) to finance a 2,100-megawatt (MW) hydroelectric plant in a World Heritage site renowned for its animal population, despite concerns from conservationists. The…
Apr 29, 2018
Nigerian President Muhammadu Buhari is scheduled to meet US President Donald Trump next week. His visit comes less than four months since Trump made the comment about “shithole” countries in…
Apr 25, 2018
South Africa’s parliament is currently debating amendments to the Labour Relations Act that will change how workers can go on strike. For example, the amendments would require trade unions to…
Apr 23, 2018
Nigeria accounts for 90 percent of the Gross Domestic Product (GDP) of Anglophone countries in West Africa, a new report by the Ecobank Research team has revealed. Anglophone West Africa,…
Apr 21, 2018
Some African countries have recorded democratic victories in the past 12 months. Ethiopia has a new leader whose ascent holds great promise for change, despite the country’s problematic 2015 election.…
Apr 20, 2018
There are not many people in the world who are able to change the name of a nation. But King Mswati can - he is one of the world's few…
Apr 18, 2018
South Africa’s headline consumer inflation slowed to 3.8 percent year-on-year in March from 4.0 percent in February, the lowest figure since January 2011, data from Statistics South Africa showed on…
Apr 17, 2018
South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for 100 billion rand ($8 billion) in investment to boost the…
Apr 17, 2018
South Africa will host an investment summit later this year to lure 1.2 trillion rand (about $100 billion) over five years, President Cyril Ramaphosa has said. Ramaphosa on Monday said…
Apr 13, 2018
The headline on the Zimbabwe Herald could not have made it clearer: “Police tighten noose on Grace Mugabe.” The newspaper, for 37 years the mouthpiece of Robert Mugabe’s government, is…
Apr 12, 2018
After many months of upheaval, the Democratic Republic of Congo is set for yet another year of political struggle and internal conflict. Current President Joseph Kabila remains the main cause…
Apr 10, 2018
Angola has recouped $500 million that was frozen in an HSBC Holdings Plc account in London linked to an alleged fraud involving Jose Filomeno dos Santos, the son of the…
Apr 07, 2018
Tanzania’s economy grew around 7.1 per cent last year, beating the government’s own revised forecast, Prime Minister Kassim Majaliwa said. In November, the country trimmed its gross domestic product (GDP)…
Apr 03, 2018
Ian Khama, a retired army general, stepped down as president of Botswana on Saturday, handing the diamond-rich country to his deputy after a decade at the helm. Mokgweetsi Masisi becomes…

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