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Economy

Mugabe: 'Friendly' China vows to help Zimbabwe

Aug 31 2014 17:36

President Robert Mugabe, returning from a state visit to China, says Beijing has pledged to assist Zimbabwe's ailing economy "to the best of its ability".

Economy

Uganda's oil reserves double

Aug 29 2014 19:30

Uganda's estimated oil reserves have almost doubled to more than 6.5 billion barrels based on new estimates by international oil companies prospecting.

Economy

Africa needs to make agriculture create wealth

Aug 29 2014 17:30

In Africa export crops like coffee, tea, cotton and cocoa are often produced by smallholders whose incomes cannot support families and pay for better harvests.

Economy

Can China save Mugabe?

Aug 29 2014 10:26

Even Beijing's support may not be enough to rescue Zimbabwe's sinking economy, as President Robert Mugabe turns to 'old friend' China after being snubbed by the US.

Financial Services

Imara expands its unit trust range

Aug 28 2014 15:30

Imara Asset Management South Africa has expanded its boutique unit trust range with the launch of the Imara MET Balanced Fund.

Economy

Ebola a huge drain on West Africa economies

Aug 28 2014 09:13

Ebola is causing enormous damage to West African economies, draining scarce public funds and slashing growth by up to 4%, says the African Development Bank.

Economy

Venezuela mulls importing Algerian crude

Aug 27 2014 19:50

Venezuela's state-run oil company PDVSA is considering importing Algerian light crude to be used as a diluent for its own extra heavy oil, according to documents.

Industrial

Shell sells some Nigeria oil fields

Aug 27 2014 14:00

Royal Dutch Shell has sold some of four oil fields up for grabs in Nigeria, as the oil and gas company pushes ahead with global asset sales to cut costs.

Debt

Zim sets up body to deal with bad debt

Aug 26 2014 13:05

Zimbabwe has created a special vehicle to buy non-performing loans from banks, as bad loan levels have risen to 18.5% compared to an international benchmark of 5%.

Economy

Mugabe signs China deals as Zim FDI tanks

Aug 26 2014 09:59

China and Zimbabwe have signed several cooperation deals as first-half foreign investment into Zimbabwe plunged 59% to $67m in the first half of this year.

Economy

Call for Zim to 'fight negative perceptions'

Aug 26 2014 09:11

Zimbabwe's central bank says the country needs to come up with credible policies to attract desperately needed capital as it battles economic crisis.

Inside Fin24.com

 
Economy

China's Xi hails Mugabe as renowned leader

Aug 25 2014 19:56

China's President Xi Jinping has praised Zimbabwe's Robert Mugabe an "old friend", as he seeks more investment in his nation's stagnant economy.

Economy

Zim seeks China's aid as Mugabe meets Xi

Aug 25 2014 16:31

Zimbabwe's President Robert Mugabe has met with Chinese leader Xi Jinping, hoping the economic giant can help the African nation's ailing economy.

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