June 05
Malawi: Chilima Leads Busy Schedule for Malawi Delegation At Korea-Africa Summit
Nyasa Times
Vice President Saulos Chilima is leading a busy schedule at the Korea-Africa Summit in Seoul as the summit kicked off today, Tuesday. Read more »
Uganda: South African Company Ithuba to Retain Earnings in Uganda
Observer
Dennis Mudene, the chief executive officer of the National Lotteries and Gaming Regulatory Board, says "over 85 per cent of the national lottery proceeds will stay in Uganda," as… Read more »
Zimbabwe: ZNCC, KCCI Sign MOU to Boost Trade, Investment
The Herald
One of the country's largest business lobby groups, the Zimbabwe National Chamber of Commerce (ZNCC) and the Korea Chamber of Commerce and Industry (KCCI), on Tuesday signed a… Read more »
Zimbabwe: Mnangagwa Floats Mineral Offers At Korea-Africa Summit
New Zimbabwe
PRESIDENT Emmerson Mnangagwa offered investors the vast minerals opportunities in Zimbabwe as he ups the ante in attracting the much-needed investment to spur the ailing economy. Read more »
Zimbabwe: Zimdef Gets Reprieve in Head Office U.S.$19 Million Construction Row
New Zimbabwe
The Supreme Court has upheld an appeal by the Zimbabwe Manpower Development Fund (ZIMDEF) in which it was seeking the setting aside of an arbitral award in a construction deal… Read more »
Zimbabwe: Cowdray Park Court Construction Underway
The Herald
THE Cowdray Park courthouse in Bulawayo is set to be commissioned in the last quarter of the year, despite delays due to rocky terrain and water issues, the Judicial Services… Read more »
Botswana: Okavango Diamond Company Joins Natural Diamond Council
The Patriot
Okavango Diamond Company Unites with NDC in Effort to Support the Natural Diamond Industry and Spread Awareness of Botswana Diamond Industry Read more »
Namibia: Steinhoff and Access to Information - - What's At Stake?
Namibian
Do Steinhoff's private interests trump the public interest in knowing exactly what happened in South Africa's biggest corporate fraud? That's the question at the heart of our case… Read more »
Namibia: Tsumeb to Get Biomass Power Station
Namibian
Namibia's power utility, NamPower, will soon construct a biomass power station near Tsumeb in the Oshikoto region. Read more »
Zimbabwe: RBZ Bosses Sign Integrity Pledges
The Herald
The Reserve Bank of Zimbabwe's top managers yesterday reinforced their non-tolerance to corruption by signing the Zimbabwe Anti-Corruption Commission (ZACC) Integrity Pledges, in… Read more »
Zimbabwe: Caledonia Mine to Raise $309m for Gold Project
The Herald
Senior Business Reporter Read more »
June 04
South Africa: Shell SA Ponders Next Move After Dismissal of Oil Exploration Appeal
Namibian
Shell South Africa is considering its next moves regarding continued investment in offshore exploration for oil after the Supreme Court of Appeal (SCA) yesterday dismissed its… Read more »
South Africa: Governance Scenarios in South Africa - Growth Vs Stability? [analysis]
ISS
Two possible national coalitions (ANC-DA-IFP or ANC-MK) are a choice between economic growth and stability, with KZN as the sacrificial lamb. Read more »
Zimbabwe: Zimbabwe Sees Deal for an IMF Staff-Monitored Programme in October
New Zimbabwe
Zimbabwe sees the signing of an International Monetary Fund staff-monitored programme taking place in October, according to Finance Minister Mthuli Ncube. Read more »
Zimbabwe: Govt Lifts Suspension On Three Bus Operators' Licenses Two Months After Fatal Crash That Killed 11
New Zimbabwe
Government has lifted the suspension on three major bus operators, Blue Circle, City Bus and Simlex Coaches imposed following a fatal crash that claimed 11 lives just two months… Read more »
South Africa: More Than 450 Employees At Sibanye's Kroondal Pgm Mine On Second Day of Wildcat Underground Strike [analysis]
Daily Maverick
More than 450 employees at Sibanye-Stillwater's Kroondal platinum mine in North West embarked on a wildcat strike on Monday, with more than 200 underground at the Kwezi shaft and… Read more »
South Africa: Bad Policies Have Shrunk South Africa's Economy [press release]
DA
After having barely skirted a technical recession the previous quarter, Statistics South Africa (StatsSA) have today confirmed that our economy has reentered decline during the… Read more »
South Africa: Cosatu Discouraged By Latest GDP Figures [press release]
COSATU
The Congress of South African Trade Unions (COSATU) is disappointed by the decrease in Gross Domestic Product (GDP) in the first quarter of this year. Whilst the level of growth we… Read more »
Mozambique: Open to Sharing Experience, Says Nyusi
AIM
Mozambican President Filipe Nyusi believes that South Korea is open to sharing its development experience with Mozambique, bearing in mind various business sectors. Read more »
Namibia: Stop Wasting Salaries On iPhones and Buy Houses - Shikongo Tells Officers
Namibian
Namibian Police inspector general Joseph Shikongo says some police officers complain that they earn too little, but then go gambling before even buying groceries for their homes. Read more »
Malawi: Chakwera Commended for Championing Construction of Judicial Complex
Nyasa Times
A renowned social and political commentator Caesar Kondowe and Civil Society leader Fryson Chodzi have jointly commended President Dr Lazarus McCarthy Chakwera led Government for… Read more »
South Africa: Fast-Tracking Clean Technologies Lowers Energy Prices - International Energy Agency [analysis]
Daily Maverick
A new analysis by the International Energy Agency has dispelled as a misconception that an accelerated energy transition will make energy more expensive. It has found affordable… Read more »
South Africa: Fuel Price Decrease Comes Just in Time for School Holidays [analysis]
Daily Maverick
Petrol, diesel, paraffin and LP gas are all cheaper this month as winter sets in. Read more »
Namibia: Cabinet Endorses Minimum Wage
New Era
Cabinet has endorsed the labour, industrial relations and employment-creation's decision to issue a wage order to introduce the National Minimum Wage (NMW), effective January 2025. Read more »
Namibia: Trade Deficit of N$3.1 Billion Recorded in April
Namibia Economist
The trade balance for April 2024 stood at a deficit of N$3.1 billion, marking a decrease from the N$4.6 billion deficit recorded in March 2024 and an increase from the N$1.2… Read more »