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ZIMBABWEAN Finance Minister Tendai Biti shocked the markets on Friday when he announced that Zimbabwe would re- evaluate all mining contracts and introduce a "use it or lose it" policy for its mining industry under a proposed law.
A visiting delegation from the Kimberley Process has just concluded a week long investigation into Zimbabwe's controversial diamond mining trade and found that the country's military and police were major contributors to the illegal activities, human rights abuses and murders that took place in the Marange diamond fields, despite denials by government officials.
A Flying Mission and Rescue One aircraft, carrying three passengers and a pilot, crash-landed at the Gantsi airport at noon last Thursday, causing extensive damage to the plane.
DEPUTY Prime Minister Arthur Mutambara is one of the most energetic and emphatic members of the inclusive government. He is being accorded acres of space in the State media to rally the nation behind the coalition's efforts to revive Zimbabwe's comatose economy. Despite some rough edges to his personality, inevitably by-products from his days as a student activist, the learned Professor has been ...
Tanzanian President Jakaya Kikwete has called for increased trade and social interaction between his country and Zambia even in the face of the global financial crunch.
A one-stop border post will be established between Zambia and Tanzania to facilitate economic co-operation between the two countries, President Rupiah Banda has said.
Kenya Airways (KQ) is expected to launch a direct flight between Nairobi and Gaborone in the next four weeks, press reports say.
WHAT does SA need to do to keep up with the reforms in financial regulation that are now being proposed internationally in the wake of the financial crisis?
EVIDENCE that the global economic recovery may be faltering is likely to weigh on the oil price this week and strengthen the dollar against the euro as aversion to risk increases.
THEIR passion for service has had two undergraduate medical students from the Medical University of South Africa (Medunsa) and the University of KwaZulu-Natal taking care of patients in public hospitals while doctors were striking to get a 50% pay hike.
PRESIDENT Mugabe has applau-ded China for unconditionally extending a US$950 million credit facility to help Zimbabwe's economic recovery programme and blasted the West for insisting on conditions even as they render bits and pieces of aid to their agencies under the guise of assisting the people of Zimbabwe.
Transport infrastructure remains crucial to the growth of the African economy.
A peaceful and professional relationship between government, the taxi industry and passengers is non-negotiable, says Transport Minister Sibusiso Ndebele.
Deputy Finance Minister Nhlanhla Nene says there is a need for financial literacy in the country as our savings performance is disappointing.
The Business Confidence Index (BCI) for June increased by 1.3 percent to 83.1 percent, the South African Chamber of Commerce and Industry (SACCI) announced on Monday.
Mozambique is prepared to increase its sales of electricity to Botswana from 30 to 75 megawatts, according to Energy Minister Salvador Namburete
NCCI President John Endjala kicked off his second term in office Saturday night by continuing his fight for the rights of small and medium enterprises (SMEs) in the Namibian economy and calling for a practical policy of broad-based black economic empowerment (BBEE).
Angola's participation at the G8 summit, to happen from July 08-10 in L'Aquila city (Italy), is a "very important and prestigious" mark for the country.
The South African cellular market reached a milestone of 50-million connections at the end of 2008 - but only 68% of these represented individual users. This is according to World Wide Worx 2009 annual Mobility study, released yesterday 2 July 2009.
Africa's Big Seven (AB7) exhibition, showcasing the food and beverage industry, will take place from 19 - 21 July 2009 at the Gallagher Convention Centre, Midrand, Gauteng, South Africa. The event plans to host over 300 exhibitors from 35 countries offering trade opportunities to attendees.
The Angolan Ministry of Transport intends to contribute in a most active manner towards the country's socio-economic development, through the creation of new legal means which can be adaptable to the dynamic verified in the country.
The minister of Telecommunications and Information Technologies, José Carvalho da Rocha, announced on Wednesday in the central Huambo Province, the introduction of a new multi-functional concept for the post offices sector, where citizens find various services for their benefit.
The minister of Transports, Augusto Tomás, said Saturday in Luanda that the Angolan government is expecting for the decision of security commission of the European Union (EU) which will decide on withdrawing the Angolan state-owned airline company TAAG from the list of air companies prohibited banned from flying in Europe.
The extension process of the signals of the state-run Angola National Radio (RNA) and Public Television (TPA) in whole country is in a coverage of 85 to 90 per cent, on Friday announced the deputy minister of Mass Media, Manuel Miguel de Carvalho "Wadijimbi", Angop has learnt.
THE global financial crisis, which has dealt a severe blow to the world's diamond industry, has also provided an opportunity for the alignment and consolidation of the industry.
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