ARTICLES RELATING TO AFRICA ECONOMY

WATCH: Zimbabwe outages plunge businesses into darkness

2019-05-23 10:02

Zimbabwean President Emmerson Mnangagwa promised a 'brighter tomorrow' when he was sworn in, vowing to revive the country's economy. But this week Zimbabwe is firmly in the dark, as it endures the worst power cuts in three years.

We can take better care of water resources using data - expert

2019-05-19 17:06

There is poor awareness and use of available data in Africa, which could actually help to create the modernised management of water resources, according to an expert.

Community input important in big business contribution to Africa's water challenges - Coca-Cola executive

2019-05-18 13:58

Big companies may have funds to help address water challenges in Africa, but they must get community input in the process, says a Coca-Cola executive.

SA aviation 'punching below its weight' - IATA

2019-04-27 10:04

If the process of creating open skies for aviation in Africa is delayed because individual countries just sit and wait for each other to start implementing the process first, then aviation on the continent will be at risk of falling behind, says an expert.

African nations could lose $420m in a no-deal Brexit - but SA could be among the winners, says study

2019-04-11 15:23

According to a UN agency study, total export losses from 20 African countries could be as much as $420m - but SA, Mauritius and Botswana could boost their exports.

Zimbabwe to complete land valuations in May to pay compensation

2019-04-07 14:49

Zimbabwe plans to complete land valuations by the end of May to determine the level of compensation to be paid to former white commercial farmers.

WATCH: Nigerian fishermen's livelihoods under threat

2019-03-31 15:29

A build up of silt on the banks of Lake Gerio in northeastern Nigeria is affecting local fishing activities. For many villagers, fishing is their only source of income.

Africa is running out of water as cities' populations boom

2019-03-26 20:57

As water supplies in Ghana’s capital grew increasingly erratic, Beatrice Kabuki stopped customers from using her grocery store’s bathrooms and installed a plastic storage tank at her home.

No plain sailing for Zim, but finance minister cautiously optimistic

2019-03-20 06:02

Zimbabwe Finance Minister sees inflation – currently at 59% – declining to 10% by the end of the year, banking on slowing down money supply, liberalisation of the exchange rate and other broader economic reforms.

Foreign investors can finally take money out of Zim, but at a huge discount

2019-03-04 20:47

Foreign investors on the Zimbabwe Stock Exchange are likely to take a huge foreign exchange loss on their investments, but at least they can now have their money back following a new directive by the Reserve Bank of Zimbabwe.

 

Bleak first quarter of 2019 for Zimbabwe mining firms

2019-05-23 09:31

Mining houses in Zimbabwe experienced a poor first quarter of the year as delays and the non-payment of foreign currency earnings by the central bank stifled production.

Angola is back – African Energy Chamber official

2019-05-18 14:50

Reforms Angola has done since 2017 will have implications for decades to come, says the new country head for Angola of the African Energy Chamber.

Mugabe's tractors, trucks to be auctioned to pay off debts

2019-05-09 20:30

Farm tractors, pick-up trucks and combine harvesters from former Zimbabwe president Robert Mugabe's dairy farm will go under the hammer to pay off debts, auctioneers announced.

Better air links needed to unlock Africa’s potential – Wesgro CEO

2019-04-25 14:10

Better air connectivity within Africa is vital to unlock the continent's economic potential, according to Tim Harris, CEO of the Western Cape's investment and trade promotion agency Wesgro.

White Zim farmers accept R238m interim payment for land compensation

2019-04-08 11:36

Former white commercial farmers in Zimbabwe who had their land expropriated under the fast track land reform programme in the early 2000's have accepted government's offer of an interim payment.

Egypt on track to end fuel subsidies - IMF

2019-04-07 14:19

Egypt is on track to end subsidies on most fuels by June 15 as part of a reform programme led by the International Monetary Fund.

Financial institutions sceptical about Africa agriculture investment - legal expert

2019-03-28 19:24

Financial institutions remain sceptical about investing in Africa's agriculture industry, a legal expert says.

Mozambique crisis classified in line with Syria, Yemen to lure help

2019-03-23 13:53

The UN's World Food Programme has raised the classification for Mozambique's flooding to its highest level, which puts the disaster on par with Syria and Yemen.

Ramaphosa, SADC effort comes to nought as Trump extends Zim sanctions

2019-03-06 12:31

Earlier this year, Ramaphosa spoke on the sidelines of the World Economic Forum, saying Zimbabwe faces "serious, serious, economic challenges and they can be assisted by the world if those sanctions are lifted."

Mozambique debt restructuring to continue as scandal grows

2019-03-04 16:05

Mozambique will continue with restructuring talks over $2bn of defaulted loans, the Ministry of Finance says, even as an international scandal around the debt intensifies.

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