TRADING on the Zimbabwe Stock Exchange continued with its upward trend on Tuesday, consolidating Monday's gains as heavyweight counters gave impetus to the market.
The Nigerian state of Kwara has received international attention for its invitation to dispossessed white farmers in Zimbabwe to come to Nigeria. The oil-producing nation - Africa's most populous - currently imports about U.S.$3 billion worth of food to sustain its 140 million-plus people, and the Kwara government hopes the experienced commercial farmers will help the state become food ...
Africa's economic growth and poverty reduction are closely linked with the quality of its infrastructure – its power, transport systems, water supply and sanitation, and its ICT networks. In the current economic climate, finding the financial resources for Africa's huge infrastructure needs is an enormous challenge.
A joint statement by multilateral development banks and the International Monetary Fund in anticipation of the Copenhagen Conference:The heads of the world’s leading international financial institutions today called for a comprehensive agreement to combat climate change at this month’s Copenhagen Conference and agreed to further coordinate their own efforts to help achieve the ...
A scathing new report issued by the London-based environment and governance watchdog Platform has put government and oil companies under fire. Revealing for the first time one of the production sharing agreements (PSAs) between Heritage and the government, Platform's analysis reveals that, contrary to oil company and government executives' claims that the state would get up to 80% of oil revenues, ...
Environment Minister John Odey warned yesterday in Abuja that the impacts of climate change on Nigeria could be dire for the economy and ecology, and this could lead to civil unrest.
Business and official activities in the last few weeks have been brought to a halt in several parts of Nigeria, as accusations continue to trail the acute scarcity of fuel that has refused to abate.
Canadile Miners, recently licensed by the Government to mine diamonds at Chiadzwa, has fired 40 workers for allegedly allowing panners to enter the fields and loot the precious stones.
Oceangoing ships are responsible for moving at least 80 percent of all commerce worldwide, so maritime pirates are a threat to everyone, especially those who are starving in Somalia and East Africa and rely on ships to deliver emergency shipments of food aid.
The South-South meeting that closes today in Gigiri, Nairobi, is taking place for the first time since the 1990s.
Uganda, the second leading producer of coffee in Africa, is blessed with some of the best coffee in the world. The coffee is grown on the slopes of Mt Elgon in eastern Uganda and other parts of the country. There has been an increase in coffee growing in the world, which has surpassed demand and thus lowered the prices. However, experts in the sector project a surpassing increase in demand in the ...
Workers of the New Nigerian newspapers have called off the strike started Monday to protest non payment of seven months salaries following the intervention of the Kaduna State government with N10 million support, Daily Trust learnt yesterday.
One of the things that has caused Nigerians some concern in recent times is the phenomenon of low supply of electricity, and I thought that the measures we have taken in recent times would have put things right. I think there is sabotage. I am not saying I am sure.
A hijacked Nigerian oil tanker that was intercepted by the Ghanaian navy is being returned to Nigeria. A BBC correspondent in Ghana said the ship was hijacked off the Nigerian coast near Lagos last week and captured by the Ghanaian navy after a chase.
The country is experiencing low inflationary pressure. This follows a two months consecutive decline in inflation resulting from decreasing food prices.
EGOS are out; teams are in. Just as Reserve Bank governor Gill Marcus has been sharing the platform with her team when she does presentations, so Eskom's acting chairman, Mpho Makwana, had his team beside him yesterday, asking them to field questions as he presented Eskom's revised tariff application.
Parliament's labour portfolio committee should distance itself from a decision taken by labour brokers in De Doorns, which has been hit by xenophobic violence, not to employ Zimbabweans, according to the Social Justice Coalition.
ESKOM's cash crisis has forced it to consider selling a 30% stake in its R142bn Kusile power station -- which could secure it up to R40bn in private equity.
UGANDANS mourn yet another Member of Parliament who perished in a road accident on Sunday night at Mabira of the Kampala - Jinja highway. Henry Balikoowa, who represented Budiope County, died when his vehicle collided head-on with a tractor belonging to the Lugazi-based Sugar Corporation of Uganda.
The country's sole cement manufacturer CIMERWA is set to benefit from peat mining, a venture that has been undertaken by Rwanda Investment Group (RIG).
The Transport Department is gearing up for a series of safety campaigns ahead of the busiest period on South Africa's roads during the festive season.
This year's edition of Soccerex, arguably the biggest business convention for the global football community, has wrapped up in Johannesburg.
The African Development Bank has disclosed that it will invest $30 million to facilitate infrastructure development in Africa.
In the context of these entrenched disparities, an entrepreneurial revolution is the veritable last recourse for a country desperate on rejoining the mainstream of economic growth. Nigeria is a signatory to the UN Millennial Declaration of 2000 that proposes universal basic human rights to health, shelter, education and security by 2015.
West African Glass Company Plc has given hints of a possible discontinuation of business activities due to difficulties and challenges confronting its operational activities.
