ANC calls for end to sanctions against Zimbabwe

2019-01-22 20:52

The African National Congress has called for the lifting of sanctions against Zimbabwe, where clashes between security forces and anti-government protesters claimed at least 12 lives.

Zim inflation shoots up again - before massive fuel hike

2019-01-18 10:53

The year-on-year inflation rate for the month of December 2018, as measured by the all items Consumer Price Index, stood at 42.09%, according to Zimbabwe National Statistics.

Zimbabwe businesses losing millions as shutdown continues

2019-01-15 14:41

Businesses in Zimbabwe are losing millions of dollars per day as a shutdown protest called for by the country's biggest labour union body continues over the doubling of fuel prices over the weekend.

Huge Zim fuel price hike, foreigners to pay in forex

2019-01-13 10:57

Zimbabwe has hiked fuel prices by approximately 150% with effect from midnight on Sunday as the government battles with crippling shortages.

Medium-scale farms are on the rise in Africa. Here's why this is good news

2019-01-02 19:12

Medium-scale farms are an important driver of agricultural and rural transformation in much of Africa.

Zim government to evict illegal farm settlers

2018-12-19 21:12

The Zimbabwean government has resolved to evict 500 illegal farm settlers in an effort to bring land back to productive use.

Lack of policy certainty a big challenge in agriculture - expert

2018-11-27 21:06

The lack of policy certainty is often raised in relation to agriculture in Africa, says the executive director of a political, economic and security risk consultancy.

Zimbabwe petrol stations run dry due to currency shortages

2018-11-22 10:52

Some filling stations in Zimbabwe’s capital have run out of petrol as the country deals with currency shortages, says Transport Minister Joram Gumbo.

Ghana raising $500m in loans to fund education pledge

2018-11-09 21:09

Ghana is raising $500m in loans to help finance President Nana Akufo-Addo’s pledge to provide free secondary education at public schools.

Zimbabwe targets $700m from controversial payment tax

2018-11-01 20:40

Zimbabwe expects to raise $700m a year from a new tax on money transfers that triggered panic buying of goods from fuel to sugar and sent its quasi-currency plunging.


SA declined R16 billion loan request by Zimbabwe

2019-01-21 10:08

'South Africa doesn’t have the money to provide that kind of assistance,' a spokesperson for National Treasury has said.

SA, Nigerian growth challenges could be unlocked post-elections - Deloitte

2019-01-17 13:48

Structural impediments to economic growth in South Africa and Nigeria could be unlocked after the two largest economies in Africa go to the polls in the first half of 2019, says Deloitte's Dr Martyn Davies.

No currency, just a currency crisis: Zimbabwe's woes deepen

2019-01-15 10:25

Not having a currency of its own hasn’t stopped Zimbabwe from sliding into a currency crisis, as a scarcity of foreign exchange has led to long queues for petrol, bread and medicines.

More distressed Zim companies ring alarm bells

2019-01-11 20:02

One of Zimbabwe's biggest grocery wholesaler N Richards Group says it is losing up to 15% of turnover per day spent without accessing fuel for distribution.

Volatile rand has Namibia mulling end to 25-year currency peg

2018-12-21 20:45

Namibia is growing tired of the economic pain caused by the volatile rand and is considering ending a 25-year-old peg to the SA currency.

SA investment conferences about public relations, not reality - Chris Hart

2018-11-29 06:45

Policy in SA is increasingly becoming a choice between "awful or dreadful" - something that is not particularly useful in relation to luring investments, says Chris Hart.

No capacity to compensate displaced white farmers, says Zim

2018-11-27 06:01

The Zimbabwean government is engaging international financial institutions and other stakeholders with a view to compensating displaced white farmers, says Finance Minister Mthuli Ncube.

Zimbabwe raises gold miners' forex allowances after output halt

2018-11-15 23:00

Zimbabwe’s central bank increased the amount of foreign exchange that gold companies can retain after a shortage forced some mines to close.

Africa enjoys oil boom as drilling spreads across continent

2018-11-07 07:00

Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to Namibia.

Kenya to raise $2.8bn from eurobonds, loans this year

2018-10-30 17:34

Kenya will offer Eurobonds and seek a syndicated loan to raise the $2.8bn net external financing it planned this fiscal year, says a Treasury official.

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