Economy, Business and Finance - Top News

  • December 8
  • Zimbabwe Standard Zimbabwe: Council Probe - Net Closes in on Corrupt Officials

    THE Harare City Council has ordered investigations into the way several projects and outsourced jobs were handled in a move that could unearth massive corrupt activities dating back to the time the municipality was run by commissions appointed by the government. Council also plans to restructure some departments it considers contributed to the suspected corrupt activities.

  • Zimbabwe Standard Zimbabwe: Massive Trade Deficits With China

    ZIMBABWE has been recording huge monthly trade deficits with China since the beginning of the year in yet another blow to Zanu PF's populist "Look East Policy", latest data from the government statistical agency has revealed. The only time Zimbabwe recorded a trade surplus was in February when exports of US$28.8 million were more than imports of US$6 032 612, according to data from the Central ...

  • Zimbabwe Standard Zimbabwe: Former ZUJ President Lands New Post of 'Consultant'

    Matthew Takaona finally left office as president of the Zimbabwe Union of Journalists (ZUJ) on Friday following the election of a new executive, but says he will remain a "powerful ordinary member" of the union. Takaona had been ZUJ president since 1999 and there were growing concerns from some sections of the media fraternity that he wanted to cling on to the position.

  • Analyst Liberia: Another Feather in Ecobank Hat

    Ecobank has added another feather to its star-studded hat with the winning of the Bank of the Year 2009 title in the 11 countries in which it operates. The renowned Pan-African banking giant won the awards at the ninth edition of the annual Banker's Bank of the Year Award ceremony organized by the Financial Times' Banker Magazine.

  • Citizen Tanzania: Tanesco Allays Fears on Fresh Electricity Cuts

    Tanesco has assured Tanzanians that it was doing everything possible to fill the 60MW gap created after IPTL turbines were switched off.

  • Citizen Tanzania: TFDA Admits Failure to Stop Counterfeits

    The Tanzania Food and Drug Authority (TFDA), yesterday admitted weakness in controlling the importation of counterfeits items by unscrupulous businessmen.

  • Foroyaa Gambia: Villagers Raise Concern Over GP in Mandinary, Manager Clarifies

    There is concern and suspicion among the women rice growers in Mandinary that the Gambia Petroleum company (GP) operating there might be licking, Foroyaa is informed. This report prompted this reporter to visit the village and speak to the villagers particularly women whose rice fields are very close to the GP.

  • Foroyaa Gambia: Finance Minister Presents 2010 Estimates to NAMS

    Estimated Revenue for 2010 - 5439Million

  • New Times Rwanda: KCB Clientele Deposits Increase By 34.5 Percent

    Kenya Commercial Bank (KCB) Rwanda' s customer deposits have grown by 34.5 percent in the last 9 months from Rwf113million to Rwf4.45billion, according to the bank's latest quarterly financial report.

  • New Times Rwanda: WDA Holds Banana Fibre Workshop

    The Workforce Development Authority (WDA) yesterday began a 10-day workshop on banana fibre handicrafts at local textile company, UTEXRWA.

  • New Times East Africa: Grand Free Trade Area for Next Year - EAC Boss

    The Secretary General of the East African Community (EAC) Juma Mwapachu has said that the establishment of a free trade bloc will by May next year be pronounced by Heads of State of the tripartite regional framework.

  • BuaNews South Africa: SA Skies Among the Safest

    South Africa is one of the safest countries in the world in which to travel by air, says Transport Minister Sibusiso Ndebele.

  • BuaNews South Africa: No Raw Deal for the Poor - Davies

    In responding to the global economic crisis, governments should avoid unfairly placing the burden of the downturn on the poor and vulnerable, says Trade and Industry Minister Rob Davies.

  • BuaNews South Africa: Zuma Awarded the Eagle of Zambia

    Zambia has awarded President Jacob Zuma the highest national honour, the Eagle of Zambia.

  • Argus South Africa: Transnet to Pay Out R16 Million After Accident

    The mother of a 12-year-old boy is to receive a whopping R16-million payout from rail parastatal Transnet in settlement of a Cape High Court action she instituted against it when a freight train sliced off her son's legs nearly three years ago.

  • Namibian Namibia: 12-Year-Old Killed in Train Accident

    THE body of 12-year-old boy was recovered yesterday morning from the wreckage of a derailed TransNamib train carriage at Mariental.

  • Monitor Uganda: Employment Still an Issue for People With Disabilities [opinion]

    As Uganda celebrated the International Day of People With Disabilities (PWD) on the December 3, it was important to take stock of the achievements of the disability movement. There have been great strides made in alleviating the plight of PWDs by the government and various bodies. A significant achievement is constitutionalising the rights of PWDs, especially enacting enabling laws like National ...

  • Monitor Uganda: Museveni Urged to Sell Planes

    Transparency International, the global anti-graft watchdog, that recently ranked Uganda as comparably more corrupt today, said President Museveni's economy class commercial flight home from overseas will not end the cancer of extravagance in his government.

  • Monitor Uganda: Port Bell Fails to Serve Tourists

    A mixture of a school tropical breeze and intense piercing heat as is characteristically brandished by the afternoon African summer skies, take centre stage and reign over the lake shores. The air smells of different forms of decay, swaying from deserted ships, to the right, abandoned tables used for cutting fish, to the left are greenish seaweed filtrate floating on the lake ahead.

  • The Herald Zimbabwe: GMB in Bid to Raise Another U.S.$2,5 Million for Grain Purchases

    THE Grain Marketing Board is back on the market on Thursday to raise an additional US$2,5 million through grain bills to finance grain purchases.

  • The Herald Zimbabwe: Time to Take On Pirate Stations [opinion]

    AS "the centre of knowledge and wisdom", the city boasts a strong arsenal of communicological smart tools of power in the form of radio and television and newspapers with which to shield its citizenry from rapacious, nefarious foreign propaganda exported to Zimbabwe in order to destabilise and confuse the mind for political gains.

  • The Herald Zimbabwe: Zimra Ordered to Reinstate Employee

    THe Zimbabwe Revenue Authority has been ordered to reinstate a worker dismissed last year for failing to declare his assets.

  • The Herald Zimbabwe: Motorola Expert to Grace Local Design College Event

    The Zimbabwe Institute of Vigital Arts, the country's only design and new media college, will today host Ms Joi L. Roberts, an African-American telecommunications design expert for telecommunications giant Motorola, at their graduation and anniversary celebrations.

  • The Herald Zimbabwe: Workers Acquire Schweppes

    IN what could be considered to be one of the biggest economic empowerment deals this year, the Government has given the nod to a consortium of Schweppes workers and management to buy a 51 percent stake in the company with the remainder being taken up by Delta Corporation.

  • The Herald Zimbabwe: Civil Service Medical Aid Knot

    Civil servants will soon resume paying some of their medical aid contributions, returning to the traditional split seen up to the start of this year and the common position in the private sector.

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