ARTICLES RELATING TO AFRICA ECONOMY

Beitbridge border closed - report

2016-07-01 12:39

The Beitbridge border post has been closed amid imports restriction protests.

West Africa economies losing out to illegal fishing - report

2016-06-29 19:30

"Catastrophic" levels of illegal fishing in West Africa are costing the region millions in lost revenue and hundreds of thousands of jobs, says a development think tank.

Investor-friendly policies will grow SA firms in Zim - experts

2016-06-24 16:20

Zimbabwe’s export sector could benefit significantly from investor-friendly policies and resultant ramp-ups in mining and agricultural production, say experts.

Zim poses high risk for trade and investment - survey

2016-06-23 11:16

Zimbabwe has been ranked 31st out of 53 African countries in an index, as corruption, weak rule of law and investment restrictions make it unattractive for foreign firms.

Zim forced to backtrack on import restrictions

2016-06-21 14:15

Zimbabwe’s revenue authority has been forced to suspend new import measures after the restrictions sparked a furore among importers and traders.

African nations may curtail bond sales amid US policy tightening

2016-06-16 21:14

African governments could curtail foreign-currency bond sales because US policy tightening may make it pricier to pay back those debts, says the African Development Bank.

Zim bourse hits seven-year low

2016-06-15 11:40

The Zimbabwe Stock Exchange has dropped to a seven-year low as the country's economic environment continues to decline.

World Bank: Problems for SA, Nigeria

2016-06-09 18:42

Investment and capital inflows into sub-Saharan Africa will likely continue to slow down as European banks turn to Asia for lending activities, warns the World Bank.

Looking beyond Agoa for African textiles and clothing

2016-06-08 19:32

It is essential for Africa to maximise the opportunities presented by Agoa, and more importantly, to develop the local market, says an expert.

Boost for Africa's apparel and footwear industry

2016-06-07 14:07

More than 1 600 international and regional apparel and footwear buyers will attend the pan-African Source Africa in Cape Town this week.

 

Nigeria signs billions in oil and gas deals with China

2016-06-30 18:12

The Nigerian government has announced that it had signed $80bn worth in oil and gas deals with Chinese companies.

Cathy Buckle: Zim pensioners bear brunt of ‘cash crisis’. But there’s hope

2016-06-28 06:42

The cash-strapped Zimbabwean government is now paying the military before the health sector and pensioners - but there's hope as civic activism seems to be on the rise.

African assets slump as Brexit vote triggers commodity decline

2016-06-24 12:23

Currencies, stocks and bonds across Africa have plunged after the UK’s vote to leave the EU triggered a slump in oil and other commodities and sent investors scurrying.

Zim minister gets $200K car without approval

2016-06-22 19:15

Zimbabwean parastatals and ministries are bleeding scarce financial resources through inadequate budgetary controls, says the auditor general.

CT summit showcases African real estate

2016-06-17 18:42

Kigali, Lusaka and Dar es Salaam are open for business and will showcase their future land and development plans at the African Real Estate Summit in Cape Town.

Over 41 million face hunger in Sadc region due to drought

2016-06-16 16:22

More than 41.4 million in the Southern African Development Community are food insecure and about half of them need urgent help after the worst regional drought in 35 years.

Lessons for SA? The madness continues – where has all Zimbabwe’s money gone?

2016-06-13 19:46

If it’s not a drought with thousands facing starvation, it’s the situation of no cash available in Zimbabwe - another reason SA must stand firm and not repeat bad history.

Shift to rand unavoidable, says Zim executive

2016-06-09 17:01

Zimbabwe should make a rapid shift to the use of the rand because dollars imported to facilitate transacting do not stay within the country, says a leading banker.

SA firms to lose out on dollar earnings from Zim

2016-06-07 16:03

South African companies are set to lose out as Zimbabwe's central bank says it will authorise payment of foreign suppliers in their own currencies only.

OK Zim profit tumbles as demand wanes

2016-06-07 11:29

OK Zimbabwe saw after-tax profits drop 91.1% from $7.5m to $0.7m for the year to end-March, as lower prices failed to stimulate demand.

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