Economy, Business and Finance - Top News

  • December 15
  • The Nation Kenya: Road Safety Campaign Launched At the Coast

    A campaign has been launched in Coast Province to sensitise all road users to follow and abide by traffic rules and regulations to reduce road accidents during this festive season.

  • The Daily Observer Gambia: Assembly's Pro-Poor Budgeting Forum Ends

    The National Assembly in collaboration with the UNDP, ActionAid and the Pro-Poor Advocacy Group (Pro-PAG), last Friday organised a two-day workshop on pro-poor budgeting in the three social priority sectors - agriculture, health and education - held at the Paradise Suites Hotel in Kololi.

  • The Daily Observer Gambia: Moe, Stakeholders On Energy Efficiency Campaign

    Senior officials from the Ministry of Energy in collaboration with the National Water and Electricity Company (NAWEC), the Public Utility Regulatory Authority (PURA) and the National Environment Agency (NEA) recently began a nationwide sensitization campaign on energy efficiency and energy conservation with series of meetings in Barra, Kerewan and Farafenni in the North Bank Region.

  • The Daily Observer Gambia: LRR Drivers Grateful to President Jammeh - As South Bank Road Construction Progresses

    Drivers plying the Trans-Gambia Highway(Soma-Basse) in the Lower River Region have expressed gratitude to the Gambian leader, His Excellency Sheikh Professor Alhaji Dr Yahya Jammeh for the ongoing construction of the road, which is one of the most important roads in the country.

  • The Monitor Uganda: Tullow 'Vows to Stop' Heritage Oil Deal

    A senior official of Tullow Oil has said it will not hesitate to stop a deal between its partner Heritage Oil and an Italian oil company, ENI.

  • The Monitor Uganda: Kampala Faces a Taxi Parking Crisis

    It's become the sight of not only Kampala's city centre, but now also, the growing suburbs that fill its ranks. The daily quest for an omnibus taxi to find a point where it can stop, off load, and pick passengers, makes for daily drama, as most of these suburbs do not have distinct taxi parks designated for the taxi's use alone.

  • The Monitor Uganda: Companies Asked to Invest in Human Capital for Corporate Excellence

    Companies need to invest in human capital development if their businesses are to grow to greater heights and favourably compete in regional and international markets. Speaking during the Uganda Revenue Authority staff appreciation week organised under the theme 'the power of people in driving corporate excellence', the chairman Uganda Investment Authority Patrick Bitature said investing in human ...

  • The Monitor Uganda: KCC Has Eaten Enough On the Roads, Try Nasasira [opinion]

    Works Minister John Nasasira has taken a lot of stick for the deplorable state of Kampala City Council roads because many people presume he is in charge of all roads in the country.

  • The Daily Observer Gambia: GCMF Holds Meeting

    The Gambia Craft Market Federation, on Monday held a meeting to discuss issues affecting their business, at the Bijilo beach site.

  • Inter Press Service Africa: South Africa's Empty Promise

    Powerhouse South Africa last week promised a reduction of growth in emissions, making it the momentary star of the negotiations. But the plan is 'an absolute non-starter', say environmental groups, as power utility Eskom fires up more fossil plants with five billion dollars of World Bank funding.

  • Southern African News Features South Africa: Full Energy Recovery By 2013

    The southern African region is expected to fully recover from current crippling energy shortages in 2013 when it will enjoy the desired surplus power generation capacity. However, this would only happen if all short term generation projects are implemented by SADC Member States as per agreed plans, according to the Southern African Power Pool (SAPP). SAPP is a 12-member regional body that ...

  • Addis Fortune Ethiopia: NIB Insurance Over-Invests

    Nib Insurance S.C. has not complied with the National Bank of Ethiopia's directive which limits an insurance company's investments in company shares to no more than 15pc of its total admitted assets, the independent auditor's report indicated.

  • Addis Fortune Ethiopia: Messobe's Second Factory to Set Up New Machinery

    New machinery is to be installed for the second 1.7 billion Br plant which the Mesobe Cement Factory constructed beside the existing factory on the outskirts of Mekele, the seat of the Tigray Regional Government.

  • Addis Fortune Ethiopia: Dashen Bank Clouds Unionization Efforts

    Dashen Bank S.C. has withheld a response to the request of its employees to form a labour union, submitted on November 25, 2009.

  • Addis Fortune Ethiopia: Yangfan Motors Joins Ranks of Local Auto Assemblers

    The three automobiles of Yangfan Motors, two of which are new to the Ethiopian market were displayed at the lavishly decorated Lalibela Salon of the luxurious Sheraton Addis. Guests of honour including state Tadesse Haile , minister of Trade and Industry, and Gu Xiaojie , Chinese ambassador to Ethiopia.

  • Addis Fortune Ethiopia: Dalol, Sudanese Oil Co. to Sign MoU

    Dalol Oil S.C., which is still under formation, and Wadi Al Sundus (WAS) Petroleum Ethiopia, a Sudanese Oil Company established in Ethiopia are to sign a memorandum of understanding (MoU) on December 16, 2009. The agreement is to enable the latter to buy up to 30pc in shares from Dalol.

  • Addis Fortune Africa: Chinese Economics - Example for the Continent [opinion]

    With the recently held Fourth Forum on China-Africa Cooperation (FOCAC) and China's 10 billion dollar pledge for Africa, the pundits and the media are questioning the relationship.

  • Addis Fortune Ethiopia: Locals Near Mine Want Midroc's Help

    Residents of Shekisso Woreda, where MIDROC Gold is mining used to mine, protested in a demonstration on Friday, December 4, 2009. The demonstration arose due to the company's move from Lega Dembi to the Sakaro site to open another mine accusing that it had not constructed roads, schools, bridges and clinics for the community during its 12-year operation in the area.

  • Addis Fortune Ethiopia: Logistics Co. Fouls Up Eid Deliveries

    Local meat exporters that had received an order to deliver processed meat to 40 Islamic countries as part of Saudi Arabian aid to the poor are complaining that they have lost more than half of the market due to the failure of the logistics company that was hired to facilitate the work.

  • Addis Fortune Ethiopia: Meeting Over Low Meat Export Draws Blood

    A meeting between Abera Deressa (PhD), state minister for Agriculture and Rural Development (MoARD), and meat exporters ended in disagreement over low meat export.

  • Addis Fortune Ethiopia: Parliament Passes Honey Bee Bill

    Parliament passed a bill Thursday, December 10, 2009, prohibiting the export of live honey bees except by those who have specifically been licensed and the importation of live bee species and used beekeeping and processing equipment.

  • This Day Nigeria: Soludo - Supreme Court Takes Over Case Thursday

    The Supreme Court has asked parties in the legal battle over the nomination of the former governor of Central Bank of Nigeria (CBN), Professor Chukwuma Soludo as the candidate of the Peoples Democratic Party (PDP) for the February 6, 2010 governorship election in Anambra State and four members of the parties to wait for a decision of the lower court on their case, saying that it would hear both ...

  • This Day Nigeria: EFCC Arraigns Nine ATM Fraud Suspects

    Nine Automated Teller Machine, ATM suspected fraudsters were yesterday arraigned on a 22-count charge before Justice Abubakar Talba of the FCT High Court, Gudu, Abuja by the Economic and Financial Crimes Commission, EFCC.

  • BuaNews South Africa: KZN Speedster Fined R18,000

    A motorcyclist has been fined R18 000 after he was caught cruising at 232km/h.

  • BuaNews South Africa: Head-On Collision Claims 12 Lives

    Twelve people, including nine children, have lost their lives in a collision between a truck and a bakkie on the R603 near Umbumbulu, KwaZulu-Natal.

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