ARTICLES RELATING TO AFRICA ECONOMY

Ex-boss of Nigerian oil firm in $10m cash probe

2017-02-19 14:31

A former head of Nigeria's state-run oil company is under investigation after almost $10m in cash was found at a property he owns.

African countries must unite to negotiate against nativism, nationalisation - Unctad

2017-02-09 08:54

Individual African countries cannot negotiate trade agreements bilaterally against a wave of nativism and nationalisation, says the secretary general of Unctad.

Strong metal price growth seen, but SA poses risk to platinum

2017-02-05 19:33

The price of metals is projected to increase by 11% in 2017 due to tightening markets, especially those facing imminent resource constraints, a World Bank report says.

Zim faces 15% hike in basic foods with new VAT rules

2017-01-31 19:01

Zimbabwe is set to introduce a 15% value added tax on several basic foodstuffs with effect from February 1 2017, following the publication of new legislation.

Regional airlines flock to Zim as it opens its skies

2017-01-24 12:22

RwandAir and Ethiopian Airlines are the newest airlines to fly to Zimbabwe, banking on growing prospects for business travel between Harare and other destinations.

Low growth, politics pose risk to sub-Saharan countries - Moody's

2017-01-10 10:00

Rating agency Moody’s says liquidity stress, low growth and political risk are contributing to the negative outlook placed on sub-Saharan African countries.

Zambia drafts in air force to combat pests

2016-12-30 11:26

Zambia has ordered the national air force into action to fight a plague of pests that has invaded maize crops and threatens vital food supplies.

2016: Zimbabwe’s year of uncertainty and unrest

2016-12-22 07:05

Malcom Sharara takes a look at some of the events that made headlines in 2016, the year of the #hashtags.

Cathy Buckle: What President Robert Mugabe didn’t say – 28 minutes wasted.

2016-12-14 12:09

An analyst fills in the gaps from Robert Mugabe's State of the Nation address, and looks at the daily challenges most Zimbabweans have had to overcome which the speech missed.

Nigeria looks to farms as oil boom fades

2016-12-09 11:12

Nigeria is turning to farming as dwindling oil income has driven the economy to the brink of its first full-year contraction in more than two decades.

 

IMF expects Egypt inflation to ease after reform impact wears off

2017-02-15 17:52

The IMF expects Egypt’s inflation, which surged to almost 30% in January, to ease once the impact of measures including the floating of the currency wears off.

Commodities boom may prolong Zim's economic crisis - report

2017-02-08 15:12

Rising commodity prices will allow a continuation of policy decisions that will only prolong long-term economic stagnation in Zimbabwe, says a report by a research house.

Investor interest in mining in Africa surges

2017-02-05 12:16

The annual Investing in Africa Mining Indaba is attracting 32% more mining companies and 71% more investors compared to 2016.

Conference on sustainable buildings in Africa

2017-01-25 16:25

A new conference in Nairobi will explore sustainability for Africa's buildings.

Ghana may cut rate for second meeting as inflation slows

2017-01-23 15:16

Ghana’s reserve bank is likely to cut its benchmark interest rate for a second straight meeting after consumer prices rose at the slowest pace since July 2014.

Higher investment returns: Which African countries will join emerging markets party?

2017-01-10 07:02

SA is no longer the star of the African show and low-tax haven Mauritius and desperately poor Ethiopia are looking like exciting prospects, says an expert.

Oil rise makes Gabon bonds emerging market's most profitable

2016-12-22 10:24

Gabon’s bonds this month have returned more than any other dollar-denominated sovereign notes in emerging markets.

Dear Father Christmas: 7 things Zimbabweans want, as country runs out of money, food

2016-12-21 18:59

It's a bleak Christmas for Zimbabweans this year as people struggle to access their own cash in banks and food is scarce.

Sub-Saharan Africa unlikely to feed itself by 2050 - study

2016-12-14 11:22

Africa south of the Sahara is unlikely to meet cereal demand through yield increases alone and supportive policies will be key to feeding growing populations, a study has found.

Don't expect Treasury bills to plug Zim budget deficit - Chinamasa

2016-12-08 16:14

Zimbabwean Finance Minister Patrick Chinamasa says the country needs to move away from issuing Treasury bills as a measure to plug its $1.1bn budget deficit.

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