SABMiller cuts output, fires workers in South Sudan

2015-10-09 09:50

SABMiller has cut production and fired workers at its South Sudan unit as lack of foreign currency and the cost of beer holds back investment and stifles demand.

Zim to impose 'load shedding' on major industries

2015-10-07 10:27

Zimbabwe's government has asked all mining companies and other big industries to cut electricity consumption by 25% because of current power shortages.

Ethiopia aims to grow tourism threefold

2015-10-04 13:58

Ethiopia aims to triple its number of foreign visitors to more than 2.5 million by 2020, making tourism a pillar of one of Africa's fastest-growing economies.

Swaziland faces further economic shocks

2015-10-02 11:00

Swaziland should get ready for further economic shocks, as EU sanctions loom and the IMF is urging it to fix its policy framework amid poverty and high unemployment.

Cathy Buckle: Zimbabwe – Suffer continues – lessons for SA

2015-09-28 16:29

Zimbabwe's sorry state of affairs is a reminder to the rest of Africa of how the abuse of power can lead to the destruction of all things beautiful.

Reliable trade lanes key for Africa's economy

2015-09-25 17:30

Access to trade, particularly in landlocked African countries, will remain a logistical challenge in the foreseeable future for businesses, warns an expert.

Zim city property market wilts for Sanlam partner

2015-09-24 13:00

Property companies in Zimbabwe are battling declining occupancy levels for retail and office categories, with owners terminating leases for defaulting tenants.

Africans optimistic about future - Pew survey

2015-09-16 19:14

Sub-Saharan African nations feel more optimistic about the future than many others around the world, a survey has found.

As drought destroys maize, Zim tries out new staples

2015-09-13 13:17

Zimbabwean farmers in the driest regions of the country are growing alternate grains as harsh weather conditions have made maize a risky crop.

SA no longer seen as African retail gateway

2015-09-10 15:46

SA is no longer seen as the only gateway for international retailers to the African retail market, according to global management consulting firm AT Kearney.


Mauritius eyes maritime, Africa links to boost growth

2015-10-07 19:18

Mauritius has a deal with a Chinese firm to develop a $113m fishing port and is working with investors on plans to become a maritime hub for Africa.

Zim to hike empowerment levy on foreign firms

2015-10-07 08:59

Zimbabwe's new indigenisation minister says the proposed 10% empowerment levy to fund indigenisation and economic empowerment will be raised to 12.5% in 2017.

Zim gold mines seek power tariff cuts

2015-10-02 17:48

Zimbabwe's gold producers have asked the government to cut royalties and electricity tariffs by half to prevent the collapse of mines struggling with low bullion prices.

Six in 10 Zimbabweans live in darkness

2015-09-30 12:07

Six in ten Zimbabweans have no access to electricity, as the country experiences some of its worst power cuts, says a government official.

Zambia urges investors to ignore Moody’s downgrade

2015-09-28 09:43

Zambia has urged investors to ignore what it calls an 'unsolicited' credit downgrade from rating agency Moody's and says it is mindful of the need to maintain debt.

Zim to ban electric geysers to save power

2015-09-24 16:00

Zimbabwe will ban electric geysers as power shortages escalate and threaten the country's economic fortunes.

Investment in Morocco private school network

2015-09-17 18:08

TPG/Satya, the partnership between TPG Growth and Satya Capital has agreed to invest in the largest private school network in Morocco.

AfDB to help Zim clear arrears

2015-09-16 10:51

The African Development Bank is set to help Zimbabwe settle its arrears to the bank, the International Monetary Fund and the World Bank.

The odds favour Dangote in Zim cement deal

2015-09-11 12:08

Africa's richest man Aliko Dangote picked the best possible timing for his decision to invest in a new cement plant in Zimbabwe, says Malcom Sharara.

Zim meets IMF reform plan targets

2015-09-09 20:30

The International Monetary Fund says it is satisfied with the progress Zimbabwe has made in meeting set targets under its 15-month Staff-Monitored Programme.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.