Economy, Business and Finance - Top News

  • December 8
  • Business Day South Africa: State 'Will Not Raise 2013 Renewable Energy Target'

    The state did not intend to increase its target of producing 10000GWh of renewable energy by 2013, though it would review the renewable energy white paper to determine medium- and long-term targets, Energy Minister Dipuo Peters said last week.

  • New Times Africa: Kagame Urges Funds for Agriculture

    President Paul Kagame yesterday called upon African countries to commit more funds to the agricultural sector if the continent is to address the problem of food security and transform one of the major engines for growth and prosperity.

  • Addis Fortune Ethiopia: Land Use - Where Scepticism, Opportunity Meet, Oversight is Key [editorial]

    Being the custodian of the Ethiopian state must be an undertaking that shows no gratitude in return. In many ways, it puts those at the helm of power in a position of "Damned if you do; damned if you do not."

  • Public Agenda Ghana: Time to Move Beyond This Annual Ritual [editorial]

    Agriculture, though has remained one of the priority areas of the development strategies of successive governments, is yet to make an impact in the overall national economic growth efforts.

  • New Times Rwanda: Business Round Table is Important [editorial]

    Last Friday, President Paul Kagame and members of the Private Sector held the annual roundtable dialogue in which issues affecting development and growth of business were discussed under the auspices of the Presidential-Business roundtable.

  • Citizen Tanzania: Overhaul City Transport [editorial]

    The move by a section of daladala operators to go on a strike, leading to a disruption of normal activities in parts of the city yesterday, is a clear indication that there are serious problems with the city transport system, which the Government cannot simply sweep under the carpet.

  • Business Day South Africa: Open the Skies [editorial]

    THERE can be little doubt that airlines remain the largest facilitator of global trade, ferrying millions of people from one destination to another every single day.

  • Daily Trust Nigeria: Tanker Drivers' Strike [editorial]

    Recently petrol tanker drivers withdrew their services to protest what they said was the sorry state of Nigerian roads. As a result of their unexpected action, the nation was thrown into social turmoil as commuters and motorists queued endlessly at filling stations that seemed to have run out of supply.

  • Leadership Nigeria: Power Sector - Current Administration Can't Meet 6,000 MW Target - CSJ Boss [interview]

    Eze Onyekpere, Lead Director, Centre for Social Justice (CSJ), an Abuja-based multi-sectoral watchdog and Public Expenditure Manager spoke with Leadership on the Fiscal Responsibility Act, the power sector, among other issues. Excerpts

  • Vanguard Nigeria: Don Advocates Long Term Palliatives for Global Meltdown

    DEAN, Faculty of Management Sciences of the University of Benin, Professor Esosa Bob Osaze, has said that beyond the palliative measures provided by the Federal Government to cushion the Nigerian economy against the global economic meltdown, there was need by the government to provide long-term economic packages against another economic meltdown.

  • Vanguard Nigeria: Oceanic Bank Deposits Up by 23 Percent

    The new management of Oceanic Bank Plc said it has recovered bad debt owed the bank to the tune of N41 billion within the last three months, which has significantly resulted in its investors' deposit base growing by 23 per cent. This amounted to about N528 billion as at 30 November 2009, from N430 billion it was in August, prior to the sack of the bank's former management team.

  • Mmegi Botswana: Mmamabula Boost as Eskom Loses Power Monopoly

    In a development that might give a boost to the Mmamabula energy project, the South African government has opened the door for independent power producers by announcing the National Integrated Resource Plan on Thursday.

  • Business Daily Kenya: Uchumi Turns to Major Creditors for More Cash

    Uchumi Supermarkets plans to court its main creditors for cash to meet its debt obligations after it missed target again in an ambitious debenture issue.

  • Business Daily Kenya: Universities Go Hi-Tech to Boost Revenue Streams

    From the Thika Road flyover outside KCA University, one can see a group of students inside the institution headed for their lectures. The time is 8 am.

  • Business Daily Africa: Global ICT Sector Lobby Calls for More Recognition in Talks

    International Telecommunication Union has said it wants negotiators at the Copenhagen talks to recognize the role information communication and technology will play to reduce carbon dioxide emissions.

  • Business Daily Africa: African Woman Can Save Continent [opinion]

    A debate on the difference between an animal and a human being caught my attention recently.

  • Business Daily Kenya: Kenyan TV Goes Digital

    Kenya's long awaited journey to digital broadcasting will begin in Nairobi on Wednesday morning amid concerns that the high pricing of set top boxes will prevent millions of viewers from migrating to the new and clearer transmission platform.

  • New Democrat Liberia: Alleged Nigerian Drug Kingpin Goes Laughing to the Bank [column]

    Mr Valentine Ayika, the Nigerian drug kingpin whose smuggled US$500,000 was confiscated by the Liberian Government will, at last, go laughing all the way to the bank after hearing the government is now prepared to refund the seized money.

  • The Informer West Africa: Ecowas Builds Liberia's Trade Negotiation Capacity

    At least 35 persons from government ministries and agencies and the business community have gathered for a five-day trade negotiation capacity building seminar in Monrovia.

  • Nation Kenya: Tycoon Seeks to Settle Matter Out of Court

    A Mombasa tycoon who has been restrained by the High Court from selling or developing a public recreational park within Mombasa's central business district is considering settling the matter out of court.

  • Nation Kenya: Elders Demonstrate Over Census Pay

    About 2,000 elders from Kisauni Division who took part in the August national census demonstrated outside Kisauni District Commissioner's offices on Tuesday demanding to be paid their allowances.

  • Nation Kenya: Judge Sets Date for Council Houses Graft Case

    A case in which the anti-corruption agency has sued six companies over government houses will be heard next year.

  • Addis Fortune Ethiopia: NIB Bank Nurtures Growth in Thorny Year

    Nib International Bank S.C. disclosed that despite the global and domestic challenges faced by businesses it has performed "quite well" in all aspects of its operation recording a 219.8 million Br gross profit.

  • Addis Fortune Ethiopia: Southern State to Salvage Its Coffee Sales

    The Bureau of Agriculture and Rural Development of the Southern Nations, Nationalities and Peoples Regional State is launching two multimillion Birr-worth of projects to boost coffee production and marketing in the region.

  • Addis Fortune Ethiopia: Roads Authority Asks for Directions From Districts

    The Ethiopian Roads Authority (ERA) is preparing for the next Road Sector Development Programme (RSDP), which could cost 40 billion Br.

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