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Economy, Business and Finance - Top News

  • July 10
  • Financial Gazette Zimbabwe: Shock Report on Diamond Fields

    THE Kimberly Process (KP) investigating team that visited Zimbabwe last week has produced a damning interim report implicating the government in human rights violations and looting of gems at Chiadzwa diamond fields in Manicaland, The Financial Gazette can reveal.

  • Monitor Uganda: U.S. Marines Rescue Eight Ugandan Slaves in Iraq

    A day after a Ugandan woman, allegedly sold to work under slave like conditions in Iraq by a local labour recruitment company appeared at Parliament, Saturday Monitor has learnt that at least eight more women have been rescued in a joint operation mounted by some Ugandans working as guards of American bases and the US Marines serving in the Arab country.

  • Ghanaian Chronicle Ghana: Bolgatanga Not Enthused About Obama's Visit

    DESPITE THE much-talked about historic visit of US President Barack Hussein Obama to Ghana today, Friday, July, 10, most people in Bolgatanga are not enthused about this visit.

  • SW Radio Zimbabwe: Army Refuses to Evacuate Diamond Fields

    The army and the police will not withdraw from the Chiadzwa diamond fields, but will remain there to maintain 'law and order', a state controlled newspaper said on Friday.

  • The Citizen Tanzania: Zanzibar - We'll Never Share Oil Revenue

    The Zanzibar Government has re-stated its position on oil and natural gas resources, saying they should be excluded from the Union list.

  • The Citizen Tanzania: Over 30 Percent of Budget Eaten By Corrupt Officials, Says President

    A significant amount of Government money is diverted to personal use each year by corrupt senior public officials, President Jakaya Kikwete said yesterday.

  • Nation Africa: Nepad Summit to Fast Track Trans Africa Highways

    The inaugural NEPAD Transport Summit 2009 and Africa Expo, which promotes regional integration through transport networks will commence in Johannesburg on November, 2009.

  • Zimbabwe Independent Zimbabwe: Storm Brews Over China Deal

    FURTHER details have emerged over Zimbabwe's controversial platinum deals and credit facilities with China which have now provoked a storm in government as the main political leaders fight to claim glory for the funding.

  • Ghanaian Chronicle Ghana: Oil Refinery Signs MOU With Govt

    South Africa's New Alpha Refinery Ghana Ltd has signed a memorandum of understanding with Ghana's government to construct a new $6 billion oil refinery in Accra city, a company executive said on Wednesday Reuters has reported

  • Ghanaian Chronicle Ghana: Fuel Shortage is Sabotage Against Government

    AN NDC Youth activist in Kumasi, Ofori Agyemang Boadi, popularly known as "Zuba", has stated that the recent fuel shortage which has hit the country is a deliberate ploy by some Oil Marketing Companies (OMCs) to sabotage the government.

  • Ghanaian Chronicle Ghana: Of Fuel Shortages, Roles of Dr. Donkor and Abba Lokko [editorial]

    Motorists in Accra woke up in the morning of Tuesday to realize that there was no Petrol at the fuel stations for them to buy for the day's activities. The news created panic among drivers and many were seen holding jerry cans and hopping from one filling station to the other in search of fuel.

  • IPS Africa: Controversy Over Government Loan to Fund Privatisation

    Controversy has erupted over a decision by Botswana's government to accept a loan from the African Development Bank, a departure from over two decades of running Africa's "model economy" without borrowing.

  • Independent (Lagos) Africa: G8 - Global Trade Deal Waits Till 2010 [analysis]

    Eight world leading economies (G8) and five developing ones have pledged to agree on a global trade deal by 2010, after years of foot-dragging and buck-passing blamed in part for the current economic downturn.

  • Daily Trust Nigeria: Striking Academics Get Wage Increase

    THE government yesterday approved N20.6 billion for the striking members of the Academic Staff Union of Universities (ASUU) and other federal educational institutions to stem a barrage of industrial actions in the education sector.

  • Daily Trust Nigeria: Yar'Adua Orders Okah's Release

    President Umaru Yar'adua has ordered the release of militant leader Henry Okah, who is currently standing trial for alleged gun-running and treason, after reports said Okah has accepted the president's offer of amnesty.

  • Namibian Namibia: Country Clinches Top Spot for Regional Trade

    NAMIBIA is the trade-friendliest country in southern Africa and the second most trade-friendly on the continent as far as across-border activities are concerned, the World Economic Forum's (WEF) Global Trade Enabling Report for 2009 shows.

  • The Citizen Tanzania: Govt Bans Use of Water From Tarime River

    The Government has banned the use of water from Tigithe River in North Mara, Tarime District, it has been learnt.

  • The Citizen Tanzania: Yemeni Plane Crash - More Bodies Seen

    The control centre for search operations to recover bodies of victims of the Yemen airline crash in the Indian Ocean will be set up in Dar es Salaam, the police have said.

  • The Citizen Tanzania: Plant Generates Electricity From Sisal Waste

    The Tanga-based sisal company, Katani Limited has formed an energy company, Mkonge Energy System, to specifically deal with production and selling of energy from renewable sources.

  • The Citizen Tanzania: Yemeni Air Crash Bodies Recovered in Mafia

    Tanzania was yesterday drawn into the investigations surrounding the recent Yemeni airliner crash in the Comoros, after eight bodies, believed to be of passengers of the ill-fated plane, were located close to the Mafia Island.

  • The Citizen Tanzania: Zanzibar Hits Back At Comments Over Oil, Gas

    A war of words has erupted between the Union and Zanzibar law makers, following a declaration early this week that oil and natural gas resources were not for sharing.

  • UN News Africa: Global Recession Threatens Development, Ban Says

    Africa's relative isolation from capital markets has not shielded it from the effects of the global economic turmoil, Secretary-General Ban Ki-moon said today, cautioning that development progress on the continent is in jeopardy.

  • Nation Kenya: State Insists On Oil Price Control

    The government will still re-introduce price controls in the oil sub-sector even after being advised against the move by the National Economic and Social Council.

  • Zimbabwe Independent Zimbabwe: Investment Conference Exposes Discord in GNU

    DEPUTY Prime Minister Arthur Mutambara yesterday openly differed with President Robert Mugabe on fundamental issues at the inaugural two-day Zimbabwe Investment Conference in the capital in an apparent show of discord in the unity government.

  • Business Daily Kenya: Curbing Waste Needs More Than Just Change of Cars [editorial]

    By rejecting a fleet of top of the range cars bought two months ago, State House has executed one of the most successful public relations coups in Kenya in recent times.



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