ARTICLES RELATING TO AFRICA ECONOMY

Ivory Coast to privatise power, water monopolies

2016-05-02 15:24

Ivory Coast will break up its long-standing electricity and water monopolies to reduce prices amid growing public concern over price hikes, says President Alassane Ouattara.

Private equity exits in Africa reach 9-year high

2016-04-28 16:49

Private equity exits in Africa have reached a nine-year high in 2015, according to data from EY and the African Private Equity and Venture Capital Association.

SA growth likely worst in sub-Sahara Africa - report

2016-04-27 14:22

South Africa's GDP growth this year is likely to be the worst performer in sub-Sahara Africa, according to a panel of experts.

Over R80bn leaves SA illegally every year - Mahlobo

2016-04-26 16:01

More than R80bn leaves SA illegally each year, says Minister of State Security David Mahlobo, adding that global illicit financial flows are a major security concern.

Zim records trade surplus against SA

2016-04-15 18:57

Zimbabwe has recorded a trade surplus against South Africa for the first time in many years after the beleaguered nation imported less that it exported.

Hunger, power cuts in Zim, Zambia as Kariba runs dry

2016-04-10 19:05

The record low levels of Lake Kariba are threatening the livelihoods of millions who depend on its waters, while raising fears of a worsening power deficit in Zambia and Zimbabwe.

Zim bourse woes reflect economic breakdown - analyst

2016-04-03 13:32

Analysts say the Zimbabwe Stock Exchange's poor performance reflects lack of investor confidence, as the bourse recorded its worst start to a year since dollarisation.

Zim talks tough on indigenisation laws

2016-03-24 20:05

Zimbabwe's indigenisation minister says he is prepared to take on the role of "sheriff" as the country prepares to cancel licences of non-compliant firms.

Zim govt pushes firms to comply with indigenisation act

2016-03-23 16:36

The Zimbabwean government has directed that from April all ministries should issue orders to licensing authorities to ensure compliance with indigenisation laws.

Zim orders tobacco farmers to open bank accounts

2016-03-22 18:35

Zimbabwe has ordered tobacco farmers in the country to open bank accounts, as payments for auction floor deliveries of the crop will not be paid for in cash starting this year.

 

Zanzibar's seaweed farmers in hot water

2016-05-01 14:00

Seaweed is one of Zanzibar's key exports, but now the vital industry is struggling with warmer waters killing the crops.

Ivory Coast wants to cut child labour in cocoa sector

2016-04-27 14:45

"At five years old, I went to work in the fields with my dad. Today, my children go to school," said Peter, a cocoa farmer in Bonikro in the centre of Ivory Coast.

Zimbabwean’s insight: SA has to get “how” right or will repeat our mistakes

2016-04-27 10:44

SA's challenge lies in ‘How to do it’ rather than ‘What needs to be done' - the country is found desperately wanting in the ‘how’, says a Zimbabwean analyst.

El Niño's belly blow to Africa

2016-04-18 09:39

As Africa faces more regular droughts, politicians need to consider what dire food insecurity will mean to life on the continent, says Mandi Smallhorne.

Lagos running on fumes - again

2016-04-10 22:11

A fuel scarcity has reached a climax this week with cars in lengthy queues clogging traffic, stoking tempers and dampening investor confidence in a top oil producing country.

Peace key for tourism in SSA, says Zim minister

2016-04-07 11:22

Sub-Saharan Africa must harness peace as its chief dividend to attract overseas tourists, Walter Mzembi, Zimbabwe’s minister of tourism and hospitality, has told Fin24.

Zim lobby group slams indigenisation deadline

2016-03-30 19:27

Zimbabwe’s indigenisation programme is a millstone around the economy's neck and moves to close down non-compliant foreign firms are uninformed, says a lobby group.

Time for Africa to diversify

2016-03-23 17:25

Africa must come to terms with the "new normal" of lower commodity prices and start diversifying economies in order to face this challenge, experts caution.

Nigeria to spend $1.7bn to revive economy

2016-03-23 10:03

Nigeria's government is set to pump $1.76bn in the next quarter into Africa's biggest economy hit hard by a slump in oil revenues, its finance minister says.

SA is Africa's hub of private banking - report

2016-03-21 13:51

South Africa is the African continent's biggest centre for private banking with holdings worth about $72bn, according to a recent report.

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