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AB InBev to spend $310m in Africa

Jul 23 2017 07:05

Brewer is eyeing projects in Ghana, Zambia and Nigeria, and increasing output at its two biggest plants in SA.


LATEST: Zim govt overrun budget by nearly $1bn

Jul 20 2017 17:23

The Zimbabwean government overran its 2016 national budget by close to US$1bn, says Finance and Economic Development Minister Patrick Chinamasa.


Zim inflation makes surprise U-turn

Jul 18 2017 15:44

Zimbabwe’s inflation made a surprise U-turn in June, giving respite to the Reserve Bank of Zimbabwe whose currency initiatives have been blamed for the upward trend in inflation.


See what super-rich in Africa like to drive, wear, drink

Jul 16 2017 12:04

A survey looked at what the most expensive popular luxury clothing brands, card and drinks were among high net worth individuals in Africa.


Economic stability needed for political stability - French ambassador

Jul 13 2017 14:03

Economic stability is required in order to create political stability, according to Christophe Farnaud, France's ambassador to South Africa.


Zim's economic activity to remain subdued - IMF

Jul 10 2017 18:36

The International Monetary Fund says economic activity in Zimbabwe is projected to remain subdued, unless reforms are implemented.


China's huge investment in Africa not without challenges

Jun 29 2017 06:00

Although China is Africa’s largest infrastructure financier with 40% year growth in foreign direct investment, the country’s involvement is not without challenges, says McKinsey Africa.


Mozambique debt probe sees R6.4bn in unexplained loans

Jun 26 2017 10:07

Mozambican state companies have failed to account for about a quarter of the proceeds of $2bn in loans being investigated, according to a report.


Prize-winning tech helping Ghana's farmers

Jun 25 2017 13:44

Agyei Douglas is a farmer who grows vegetables near Kumasi in Ghana's central Ashanti region. He used to struggle to access markets and capital.


How aid helps the rich get richer

Jun 25 2017 07:27

Scores of aid projects in Africa are ­captured by the elites, leaving poor worse off than before.



Tolls in Zimbabwe face public resistance

Jun 22 2017 18:51

Zimbabwe’s push for increased tolling faces public resistance, with most motorists and commuter transport operators saying the fees for the current highway toll gates are already expensive.


Zim bond notes have helped but won't address underlying issues - World Bank

Jun 21 2017 18:03

Zimbabwe's bond notes have eased liquidity shortages but can't address macroeconomic imbalances, while further issuance of the currency will inflame inflationary pressures, says the World Bank.

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