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Economy

Obama: Africa must stop making excuses

Jul 29 2014 09:25

US President Barack Obama says African nations should look inward for solutions to economic woes and not make "excuses" based on a history of colonisation.

Economy

Troubles in Ghana cocoa sector

Jul 28 2014 19:00

There has been a reversal of fortunes between Ivory Coast, the world's largest cocoa grower, and Ghana, the second-largest.

Economy

Mozambique still counting on coal

Jul 28 2014 18:15

Mozambique is still counting on increasing coal exports to expand its infrastructure and drive economic growth, despite depressed global prices.

Economy

Zim leadership in denial

Jul 28 2014 05:15

Zimbabwe is now a country where the leadership signals left but then turns right, says Malcom Sharara.

Economy

Zimbabwe slashes growth forecast

Jul 25 2014 14:27

Zimbabwe has cut its 2014 growth forecast, in line with projections from the IMF, say the finance minister and central bank governor.

Economy

Burundi proposes new taxes

Jul 23 2014 18:15

Burundi's cabinet will propose new duties on some alcoholic drinks, an airport departure tax and other measures to make up for a shortfall in forecast revenues.

Economy

Fraud a problem in the energy sector

Jul 23 2014 15:55

Africa's oil and gas sector shows growth despite regulatory uncertainty, but fraud and corruption remain an impediment, according to a report.

Economy

Timing 'tough' for Thai-Mozambique coal project

Jul 23 2014 10:15

A Thai-Mozambican consortium has set a target to commission a $4.5bn coal export railway and port terminal project in central Mozambique.

Economy

'Fragile' Zim could miss growth target

Jul 22 2014 12:34

Zimbabwe could miss its 6.4% growth target this year but the final number will not be as low as some international lenders predict, says its finance minister.

Economy

Zim plans to list bourse to attract investors

Jul 21 2014 20:30

Zimbabwe will halve its stake in the local bourse as part of a plan to float the company and attract more foreign capital, says the finance minister.

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Agribusiness

Distell makes Kenya acquisitionI

Jul 21 2014 17:30

Distell will acquire 26% of the issued share capital of Kenya's foremost spirits manufacturer for a total of approximately R105m.

Economy

Egypt's black market reform faces hurdles

Jul 21 2014 15:24

A call has been made for the economist behind a plan to unlock at least $380bn worth of assets from the black market to first restore the public trust.

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