Click here to read or make comments on this topic »
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
Diamond Bank Plc said yesterday that it has disbursed N3bn to develop Micro, Small and Medium Scale Enterprises (MSMEs) in the country.
The new management of Intercontinental Bank Plc yesterday removed 26 senior managers for their involvement in series of infractions that caused the recent crisis in the bank.
BUSINESS confidence rose last month, the South African Chamber of Commerce and Industry said yesterday, as it warned that Eskom's proposed 35% hike in electricity tariffs stood "counter to prospects for economic recovery".
SA SUPPORTED the call for an "early and successful conclusion" to the Doha trade talks, but if it had to choose, it would prefer a successful over a speedy outcome, Trade and Industry Minister Rob Davies said at the World Trade Organisation (WTO) ministerial conference in Geneva this week.
Due to inconsistent regulations and an uncompetitive business environment, private investment in the developing countries of Northern Africa and the Middle East is not at a healthy level. As a result, growth is suffering in the region, diminishing jobs and reducing income for those who need it most.
Climate change, the economic crisis, and conflict are pushing more and more of the world's poor into further suffering. Yet donor countries are doing far too little to prepare for and prevent the ramifications of natural disasters, conflict, and other situations which are crippling the developing world, according to the Humanitarian Response Index (HRI) released this month by the Development ...
When the World Wide Fund for Nature (WWF) released its Palm Oil Buyers' Scorecard on 28 October 2009, a stark situation was brought to the world's attention: despite the availability of safe, earth-friendly palm oil options, Western companies were not meeting commitments to purchase those alternatives.
In a Wednesday presentation on the "Intersection of Energy and the Economy," Elizabeth Cheney of Shell outlined three energy realities: the demand for energy will double by 2050, "easy energy," or fossil fuels, is gone, and emission stress and carbon solutions are a priority.
Workers at Trans Africa in Gaborone were up in arms yesterday over low pay and bad working conditions.
A financial expert, Dr Agbai Ina Obasi, has urged the Central Bank of Nigeria (CBN) to put a system in place that will make it difficult for bank workers and management to trigger crisis in their organisations.
The International Atomic Energy Agency (IAEA) said yesterday that it is fully in support of the country's ambitions to build a nuclear power plant to meet its growing energy needs.
THE identity card of the the crude oil tanker driver that crushed six market women to death at Effurun, near Warri, in the early hours of last Thursday, has been found by the Army, Vanguard reliably learnt yesterday. The driver is still on the run six days after the unfortunate incident.
HOST Communities of Nigeria, Oil and Gas (HOSTCON), has urged the Federal Government not to transmit the recently endorsed 10 per cent royalty to host communities through the state governments.
The Sfax Chamber of Industry and Commerce is organizing from December 3 to 6, 2009, a mission trips to Mali, Cote d'Ivoire and Burkina Faso so as to discover the African market and strengthen opportunities of partnership and investment between Tunisian businessmen and their African counterparts.
Organized by the Professional Association of Banks and financial institutions, Tunisia is hosting from December 3 to 6, 2009, the 3rd international Fair of Banking services and Electronic Banking, at the El Kram Exhibition Hall, North of Tunis.
The Tanzania Electric Supply Company (Tanesco), has entered into contract with Japan International Cooperation Agency (Jica) for improvement of human resources. Under the five-year project, Jica would facilitate training of about 2,100 Tanesco staff.
Exim Bank has launched a new account dubbed 'Faida' that will enable its customers to draw money from ATMs linked to MasterCard system worldwide.
Feasibility study for the construction of an international airport in Bagamoyo has already started.
Togo-based Ecobank, which currently operates in 25 African countries, will commence operations in Tanzania next month.
The Government has once again been forced to look for money to pay workers of the troubled Tanzania Railway Limited (TRL), who are on strike.
Importers and their agents have been thrown into anxiety and panic as a new cargo clearance deadline announced by the Nigeria Customs Service comes into force.
The Federal Government yesterday pledged full support and encouragement for the State Security Service (SSS) and other security agencies with a view to providing a secure environment for sustained inflow of foreign direct investments into the country.
The Federal Government has disclosed plans to start a commodities exchange.
The nation's currency, the naira, lost its ground against the U.S. dollar on yesterday at the inter-bank foreign exchange market.
MORE than 50 former Ox-Drilling Company employees in Ndola have petitioned District Commissioner (DC) Moses Mumba, to intervene and compel their former employers to pay them their full terminal benefits before relocating to Zimbabwe.
Active Discussions: Economy, Business and Finance