July 08
South Africa: Impoverished Joburgers Buckle Under New Monthly R200 Prepaid Meter Fixed Electricity Surcharge [analysis]
Daily Maverick
The cost of prepaid electricity is becoming a heavy burden for Johannesburg residents after the introduction of the R200 monthly fixed charge that will go towards maintaining… Read more »
July 07
Malawi: Report Reveal That Most Malawians Dont Have Proper Jobs, Many Depend On Maganyu
Nyasa Times
A March 2024 European Commission report monitoring Malawi's economy says many people in Malawi depend on piecework for a living. Read more »
Angola: Expo-Uíge With a Turnover of Over 300 Million Kwanzas
ANGOP
The thirteenth edition of Expo-Uíge, which took place from the 3rd to the 7th of this month, in the city of Uíge, reached a turnover of 385 million kwanzas,… Read more »
July 05
Mozambique: Government Withdraws Mining Licenses in Cabo Delgado
AIM
The authorities in the northern Mozambican province of Cabo Delgado have ordered the withdrawal of mining licenses because some businesses, which were granted licenses years ago,… Read more »
Malawi: Court Orders MEC to Pay Ex-Employee George Khake Mk69.4m for Unfair Labour Practices in 2017
Nyasa Times
The Industrial Relations Court (IRC) in Blantyre has ordered the Malawi Electoral Commission (MEC) to pay its former employee, George Khake, the sum of MK69, 361, 001.16 for unfair… Read more »
Zimbabwe: Zimbabwe Receives U.S.$32 Million Drought Insurance Payout
New Zimbabwe
Zimbabwe has received a direct drought insurance payout of US$16.8 million from the Africa Risk Capacity (ARC) Group to mitigate hunger. Read more »
Zimbabwe: Zesa Holdings, Workers Clash Over Unpaid Allowances
The Herald
ZESA Holdings is involved in a dispute with workers over non-payment of Covid-19 and Cost of Living Adjustment Allowances (COLA) to more than 6 000 workers. Read more »
Malawi: Illovo Sugar Half Year Net Profit Down By K11 Billion Against Last Year's Performance
Nyasa Times
At its Investors' Forum on Wednesday, Illovo Sugar Malawi Plc disclosed that they have recorded a 2024 half year net profit of K22 billion, which is down by K11 billion against… Read more »
July 04
Botswana: Local Beef Set for EU Market Dominance
The Patriot
The Botswana beef is poised for dominance in the lucrative European Union (EU) market bolstered by the availability of sophisticated equipment used for testing chemical residuals… Read more »
Mozambique: Mozambique and Tanzania to Introduce Coastal Shipping Services
AIM
Mozambique and Tanzania intend to introduce coastal shipping services in order to boost trade between the two countries, undertaken by small and medium-sized enterprises. Read more »
Namibia: Agriculture Ministry to Up Loans to Resettled Farmers to N$500 000
Namibian
The Ministry of Agriculture, Water and Land Reform is discussing raising the initial loan amount for resettlement farmers from N$200 000 to N$500 000 with the Agricultural Bank of… Read more »
South Africa: Storm of Protest Brewing Over City Power Vs Eskom Prepaid Electricity Tariff Hike Disparities [analysis]
Daily Maverick
There are about 950,000 indigent households in the City of Johannesburg metropolitan area that should be receiving free basic electricity. Read more »
Malawi: Malawi to Benefit From Euro 15 Million EU/ITU Broadband Mapping Initiative
Nyasa Times
Malawi is amongst 11 sub-Saharan African countries that have been selected to benefit from initiative by the International Telecommunication Union (ITU) to implement national… Read more »
Malawi: Despite Good Sales At Auction, Tobacco Growers Still Frustrated With Delays in Receiving Payment
Nyasa Times
Tobacco growers' representative body, Tobacco Association of Malawi (Tama) Trust, has expressed dismay at continued delays in receiving payment for tobacco sold. Read more »
Malawi: Govt Fears to Collect K172bn From Kabaza Import Tax Because Kabaza Owners Threatened 'We Will Not Vote for You'
Nyasa Times
It should shock you that government, despite being tough on other imports, is failing to collect about K172 billion from kabaza operators as they threaten politicians with votes,… Read more »
Namibia: Entrepo Receives Debt Funding Solution of N$900 Million From Rmb Namibia
Namibia Economist
A Government employee lending institution and Long term insurer, acting as the trusted advisor, Entrepo Holdings has secured an N$900 million debt funding solution from RMB… Read more »
Mozambique: Insurance Companies Must Create Services to Cover Low-Income Population
AIM
The Mozambican Deputy Minister of Economy and Finance, Amílcar Tivane, has challenged the insurance companies operating in the country to create inclusive services in order… Read more »
July 03
Namibia: Prisoners Sue Govt Over Decision to End Internet Access
Namibian
Eighteen inmates suing the prison authorities over a decision to end their internet access are awaiting a judgement in their case at the end of next week. Read more »
Zimbabwe: Zimbabwe's Sovereign Wealth Fund Paid 'Grossly Inflated' $1.6bn for Shares in Mining House [analysis]
Daily Maverick
Authorities in Zimbabwe have refused to disclose who got the massive payout, an amount equivalent to 5% of the nation's GDP. Read more »
Zimbabwe: 12 School Children Injured in Train-Bus Collision
263Chat
A school bus carrying children collided with a train at the Willton Level Crossing in Mutare this morning leaving twelve pupils injured, Read more »
Mozambique: Government Concerned At Illegal Mining in Cabo Delgado
AIM
The Mozambican government has expressed its concern at illegal mining in some districts of the northern province of Cabo Delgado, at a moment when the activity is considered highly… Read more »
Zimbabwe: Twelve Students Injured After School Bus Collides With Goods Train
New Zimbabwe
TWELVE students from Versatile College sustained injuries after a school bus they were travelling in collided with a goods train in Mutare. Read more »
Zimbabwe: Basic Commodities Available On Shop Shelves At Affordable Prices Due to Tight Monetary Stance - Cabinet Report
New Zimbabwe
MOST basic household products are readily available in retail outlets across the country at affordable prices despite fears the introduction of the ZiG currency would result in… Read more »
Namibia: Oil and Gas - an Opportunity for Shared Growth in Namibia [opinion]
Namibian
In the oild and gas industry, local content refers to the development of local industries, workforce and resources to support the operations of international oil companies (IOC)… Read more »
South Africa: Byd Plays Winning Hand in China Ev Market With Hybrid Models [analysis]
Daily Maverick
A yawning gap has opened up among China's electric-vehicle stocks with BYD beating all comers due to its latest technological rollout. Read more »