Africa economy | Fin24
 
  • Another VAT hike?

    Absa warns that govt may again announce an increase in value added tax in next month's Budget.

  • SA Revenue Service

    The tax agency says a unit that tackles illicit financial flows has recovered R2.6bn since April 2019.

  • State Capture Inquiry

    Former Eskom chairperson Zola Tsotsi says Tony Gupta threatened to have him removed.

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Africa

Zim food crisis worsens - but UN officials say there's no sign of the promised food aid

Jan 25 2020 13:03

Zimbabwe insists it’s prepared to deal with a deepening food crisis, but the United Nations says that so far there’s little evidence that enough corn is coming in to feed the drought-stricken nation’s 8.5 million people, nearly half the population, who are going hungry.

Africa

Ease African borders to drive growth, Pityana tells WEF

Jan 22 2020 18:19

African countries need to share their infrastructure, strategic advantages and resources in order to attract investment and drive growth more effectively, Business Unity SA President Sipho Pityana told the audience at a World Economic Forum panel discussion.

Africa

More energy woes for Zim after floods at key power plant

Jan 20 2020 20:33

Heavy rains have battered Zimbabwe's Hwange district, flooding coal mines and the country's biggest thermal power station raising fears that the country might experience increased power cuts this coming week.

Africa

More woes for Zimbabwe as dam levels drop

Jan 06 2020 19:50

Zimbabwe's agriculture sector, hard hit by drought, is facing another significant risk as dam levels recede due to the high temperatures. Climate change has also resulted in an increase in insect growth rates, experts say.

Africa

The year Zimbabweans want to forget

Jan 04 2020 07:15

From a clampdown on protestors over a massive fuel price hike, to rolling 18 hour power cuts, Zimbabwe's government - led by President Emmerson Mnangagwa - had its work cut out in 2019.

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Africa

Zimbabwe drought, food crisis likely to run into 2020, warns Famine Systems Network

Dec 27 2019 12:23

A swathe of Zimbabwe, running from the southwest to the northeast, faces a “Phase 3” food crisis after a sporadic start to the November to March rainy season, the Famine Early Warning Systems Network has said.

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