ARTICLES RELATING TO AFRICA ECONOMY

E Africa states up taxes to fund budgets

2013-06-14 10:54

Kenya will ask for more cash from its wealthy citizens through a capital gains tax while Uganda will increase taxes to make up for falling donor support.

Japan pledges billions to Africa

2013-06-02 13:44

Japan has pledged $32bn in assistance to Africa over the next five years, according to the African Union.

Questions over Ethiopia's growth

2013-05-23 17:22

Ethiopia's huge public spending has created one of Africa's fastest-growing economies, but the IMF worries over its sustainability.

Japan pledges $2bn for Africa projects

2013-05-19 12:16

Japan will provide $2bn worth of financial support over five years to back Japanese firms' resources development projects in Africa.

Zim imports 60% of groceries from SA

2013-05-07 13:07

Zimbabwe’s first-quarter trade deficit with SA amounted to $28m and is expected to widen, with the current account deficit now at more than 20% of GDP.

Visas for Africa

2013-04-02 07:40

Wise up on what's needed before taking that business trip on the continent.

Tsvangirai: Don't erode faith in Africa

2013-01-23 11:00

Zimbabwe’s Prime Minister Morgan Tsvangirai says issues which undermine investment such as the mining turmoil in SA are not in the continent's best interests.

Transnet keeps Africa economy on track

2012-12-11 19:15

Minister Malusi Gigaba says the delivery of Transnet's 100th wagon to Botswana Rail signals the beginning of the new approach to drive Africa’s economy.

More oil finds worry Nigeria

2012-11-01 15:49

Nigeria, Africa’s top oil producer, is concerned that oil and gas prices could fall as more countries uncover reserves, says its finance minister.

IFC to invest $3.5bn in Africa this year

2012-03-30 13:38

The International Finance Corporation says sub-Saharan investment will focus on infrastructure and for the first time financing of the sector will exceed $1bn.

BHP mum on possible Gabon iron ore deal

2012-02-06 10:28

Global miner BHP Billiton has declined to comment on reports that it has made a deal to develop an iron ore mine in Gabon.

 

Zim to compel 50% local procurement

2013-05-28 10:48

Zimbabwe will soon force all firms to procure 50% of their goods and services from businesses in which a controlling interest is held by indigenous Zimbabweans.

Zambia cuts maize, fuel strings

2013-05-23 16:04

Zambia's decision to cut subsidies on maize and remove a fuel subsidy is likely to raise prices and dash its goal of becoming a regional breadbasket.

WEF to plot Africa's economic revolution

2013-05-08 19:06

The World Economic Forum's annual Africa summit under way in Cape Town hopes to flesh out the promise of a continent-wide economic revolution.

New scramble for Africa

2013-05-06 11:09

Jarred Myers explores a less traditional investment approach.

Timbuktu economy hit hard by Mali crisis

2013-02-03 11:00

Timbuktu has been freed from its Islamist occupiers but now faces the daunting task of rebuilding an economy in shambles.

50% pay hike for Guinea state employees

2012-12-16 17:22

The government of Guinea has reached an agreement with trade unions to grant state employees a 50% salary increase, ending a four-month stand-off.

Biti: Zim economic outlook bleak

2012-11-15 16:23

Zimbabwe’s minister of finance, Tendai Biti, has warned of grim prospects in his budget presentation, revising 2012 GDP growth further downwards to 4.4%.

South Sudan becomes IMF member

2012-04-19 08:18

Africa's newest state South Sudan is the International Monetary Fund's 188th member country, giving it access to loans and technical assistance.

Ndebele bemoans delays at border posts

2012-03-27 15:33

The government is concerned about congestion at SA border posts, Transport Minister Sbu Ndebele has told a freight conference.

SABMiller pursues Castel's Africa unit

2012-01-09 15:54

Global brewer SABMiller says it is interested in acquiring the African operations of French brewer Castel.

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