Economy, Business and Finance - Top News

  • December 11
  • The Herald Zimbabwe: SMEs Get Training Boost

    SMALL and medium enterprises are set to benefit from an intensive skills development training programme after the Ministry of Small and Medium Enterprises and Co-operative Development signed a Memorandum of Understanding with American Friends Service Committee in Harare, yesterday.

  • Vanguard Nigeria: FAAC Orders NNPC to Remit Withheld N450 Billion

    The Federation Account Allocation Committee, FAAC, yesterday, for the second time, ordered the Nigerian National Petroleum Corporation, NNPC, to appear before its next meeting to show reasons why it has consistently failed to remit to the committee, long outstanding crude revenue lodgments of over N450billion.

  • New Times Rwanda: Business Leaders Urged to 'Pounce on Opportunity'

    Leaders in the private sector and business managers have been called upon to influence international trade negotiations and seize opportunities presented by the global trading system.

  • New Times East Africa: Rwandan Exporters Decry Regional Infrastructure

    Exporters of locally made products to the United States of America (USA) have cited East Africa's poor infrastructure as a major challenge to doing business in the region.

  • December 10
  • MediaGlobal Africa: Electricity Access Projected to Worsen

    Five-hundred eighty-seven million people presently lack access to electricity in sub-Saharan Africa, a number that is projected to increase to almost 700 million by 2030, according to a report released by the International Energy Agency.

  • Daily Champion Nigeria: Unep Begins Assessment of Oil-Contaminated Sites in Ogoniland

    A major assessment of the impacts of oil production in the Ogoni region of the Niger Delta has been flagged off jointly by the Governor of Rivers State, Mr. Rotimi Amaechi and the United Nations Environment Programme (UNEP) in Bori, near Port Harcourt.

  • Daily Champion Nigeria: Dubai Debt May Drive Investment to Country, Others - Experts

    In the last few weeks, the bubble of Dubai real estate market got burst and since then has been sending shocks direct to the spines of chronic investors in the city's high rise construction industry.

  • Fahamu Chad: A Failure but the Oil Keeps Flowing [analysis]

    Over a year after the World Bank formally withdrew (September 2008) from the social welfare portion of the Chad-Cameroon Petroleum Development Project (CCPDP), acknowledging that the goals were not going to be met,[1] the number and diversity of new analyses make now a good time to revisit the CCPDP and the lessons brought on by this 'pioneering and collaborative effort'.[2]

  • Daily News Tanzania: Bukoba Boys Earn Hard Living With Bicycles

    EAGLE-eyed, Bashiru Rugakingira stands with his bicycle at a street junction, a vantage point in Bukoba town, waiting for a customer.

  • Biz-Community South Africa: Student Village Reveals How Youth Use Social Media [press release]

    South Africa's roughly 800 000 tertiary education students are the most wired yet.

  • Citizen Tanzania: Promote New Trade to Protect Environment

    The issue of carbon trading promises to be among the most hotly debated topics at the ongoing Climate Change Conference in Copenhagen.

  • Business Day South Africa: Premature and Damaging [editorial]

    WHEN it comes to Transport Minister Sbu Ndebele's comments this week on the recent spate of accidents at SA Airlink, we can agree on only one point: if the evidence presented to him in the next few days shows that there is something fundamentally wrong with the operation and safety of the airline, then it should be immediately grounded. However, we cannot agree with his handling of the situation.

  • Business Day South Africa: Eskom's 35 Percent Hikes 'Threat to Recovery'

    GROWTH in the economy could be reduced by as much as 1,5 percentage points over the next three years if power utility Eskom got the go-ahead for its revised tariff hikes, SA's largest business group warned yesterday.

  • Daily Champion Nigeria: Budget 2010 [editorial]

    President Umaru Yar'Adua's health challenges may have partially eclipsed the 2010 budget debate, but what the federal legislators would eventually make of the N4.07 trillion appropriation bill will still be of keen interest to Nigerians.

  • Daily Champion Nigeria: Reps Stop FG From Securing $300 Million World Bank Loan

    House of Representatives yesterday declared null and void the decision of the federal government to take a $300 million from the World Bank. The federal lawmakers predicated their action on the grounds that the National Assembly was not consulted before government commenced negotiations for the loan

  • Nation Kenya: MPs Accused of Plundering Cash

    Politicians should not be allowed to administer development funds, a new study recommends.

  • Nation Kenya: House Approves Proposal to Lease Out Highway

    After two days of controversy-ridden debate, Parliament has finally given the green light to a project aimed at leasing the Mombasa-Malaba highway for 30 years to a private investor.

  • Nation Kenya: Witnesses Fail to Show Up in Piracy Case

    A case against nine Somalis accused of piracy stalled on Thursday when two witnesses failed to show up.

  • Daily News Tanzania: Govt Renews Intention to Issue Eurobonds

    THE government has renewed its intention to issue Eurobonds next year to finance infrastructure development in the country.

  • Daily Champion Nigeria: Montreal Protocol - Nigerian Companies Ready for ODS Phase-Out

    Barely few weeks to the effective take off date for the global ban on the importation of all Ozone Depleting Substances (ODS) in January 2010, leading manufacturers of refrigeration, foam, fire-fighting, solvent, aerosol and agricultural have began industrial conversion of production lines to ODS free technologies, processes and substances. The deal is coming on the heels of affordable access to ...

  • Daily Champion Nigeria: Relocation of Benin Airport to Be

    After considering the complains and risks posed by the present location of the Benin airport to neighbouring residents especially the expansive palace of the monarch, Oba Erediauwa, the Federal Government is now proposing the relocation of the airport from its present site.

  • Daily Champion Nigeria: Fashola Speeds Up Roads Delivery, Assures on Yuletide

    Ahead of the approaching festive season of Christmas and New Year, the Lagos State Government has commenced a massive rehabilitation and maintenance of identified bad spots in all the Local Government/Local Council Development Areas in the State. This is as the Special Adviser to the Governor on Works and Infrastructure, Mr. Ganiyu Johnson assured motorist and other road users that most of the bad ...

  • Daily News Tanzania: Tourism Sector Lacks Specialised Workers

    TANZANIA faces an acute shortage of specialised personnel in tourism and hotel managements, which has forced some hotel owners to employ foreign experts.

  • Daily News Tanzania: Broad Money Supply Growth Rate Stands at 19.5 Percent

    GROWTH rate of extended broad money supply in September stood at 19.5 per cent almost the same as the rate recorded in the preceding month, but lower than 21.2 percent recorded in the year ending September 2008.

  • Business Daily Kenya: Economic Myths Threaten Balanced Debate on the Proposed Devolution of Power [opinion]

    It is a sensible expectation that whenever any nation seeks to craft and enact a new constitution, it is also faced with both political and economic decisions.

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