Home » Archives by category » Business

Dangote Plans U.S.$4.6 Billion Investment in Farming Over 3 Years

Dangote Plans U.S.$4.6 Billion Investment in Farming Over 3 Years

Dangote Group Dangote Group is planning to invest a total sum of $4.6 billion in farming in Nigeria – $3.8 billion in sugar and rice and $800 million in dairy production, over the next three years as the company seeks to expand its operations in the country. Edwin Devakumar, Executive Director at Dangote’s Industries Unit, […]

Zimbabwe Informal Sector 6th Biggest in Africa

Zimbabwe Informal Sector 6th Biggest in Africa

Zimbabwe’s informal sector could be the sixth largest in the Sub-Saharan region, contributing between 40 percent and 50 percent to economic growth — an estimated $7 billion — especially for the four-year period between 2010 and 2014, according to the latest International Monetary Fund (IMF) working paper. The country’s gross domestic product (GDP), which measures […]

No Overtime, No Work on Saturdays – South Africa’s Home Affairs Told

No Overtime, No Work on Saturdays – South Africa’s Home Affairs Told

While the Department of Home Affairs is committed to resolving an impasse over officials’ working times on Saturdays, one of the unions it is negotiating with has a simple message: “Call us only when you are ready to pay overtime. Until then, there will be no work on Saturdays!” This is the message of the […]

Somali Traders Turn to Ethiopian Currency

Somali Traders Turn to Ethiopian Currency

Traders and consumers in Galmudug have introduced transaction using the Ethiopian Birr. Residents of Dhusamareb confirmed to Radio Dalsan that following the flooding of fake Somali Shillin in the market traders have opted to instead use the Ethiopian currency. Most of the areas where the Birr is used as the mode of exchange are under […]

Whose Gain Is Morocco’s Accession to Ecowas?

Whose Gain Is Morocco’s Accession to Ecowas?

After the Monrovia’s summit of ECOWAS leaders, which gave its agreement in principle to Morocco’s request to join the sub-regional grouping, West African diplomatic veterans have continued to vent their disapproval to the Kingdom’s membership bid. Although the West African leaders, at the June 4, 2017 meeting, said the implications of Morocco’s membership still needed […]

Mixed Reaction to Marijuana Legalization Proposal in Zimbabwe

Mixed Reaction to Marijuana Legalization Proposal in Zimbabwe

Zimbabweans on Monday expressed both shock and surprise over government revelations it could soon partner a group of Canadian firms to produce marijuana or mbanje ostensibly for medical purposes. The revelations were reportedly made by Investment Promotion Minister Obert Mpofu at a recent Zimbabwe National Chamber of Commerce annual general meeting in Victoria Falls. Mpofu […]

China’s Foreign Policy Experiment in South Sudan

China’s Foreign Policy Experiment in South Sudan

China’s longstanding principle of non-interference in other states’ internal affairs is evolving with its growing global footprint. As Chinese overseas investment and business links grow in scope and depth, Beijing faces increasing threats to its citizens, economic interests and international reputation. That, in turn, has confronted China with the inherent limitations of its traditional hands-off […]

Police ban use of unregistered and foreign motor vehicles on Zambian roads

Police ban use of unregistered and foreign motor vehicles on Zambian roads

THE Zambia Police Service has banned the use of both unregistered and foreign motor vehicles from using Zambian roads. Announcing this in Lusaka today, Police Spokesperson Esther Mwaata Katongo said any unregestered motor vehicle or any other motor vehicle bearing foreign number plate will be impounded once found on the road. She said that only […]

Air Zimbabwe On Verge of New Plane Deal

Air Zimbabwe On Verge of New Plane Deal

Struggling national flag carrier Air Zimbabwe (AirZim) is on the verge of concluding a wet lease agreement with a Malaysian company after it emerged that a 10-member team comprising key personnel from the troubled airline flew to the southeast Asian country to oversee the planning of the ferry flight to Zimbabwe. Sources close to the […]

6 bidders qualify for National Railways of Zimbabwe recapitalization?

6 bidders qualify for National Railways of Zimbabwe recapitalization?

SIX potential investors have been shortlisted for the National Railways of Zimbabwe (NRZ)’s $400 million recapitalisation tender that closed yesterday. The tendering process opened on May 5, 2017 and attracted more than 80 local and international bidders. The winning bidders are Sino Hydro, China Civil Engineering, Crowhat International (from Europe) Croax Private Ltd (South Africa), […]

Page 1 of 115123Next ›Last »

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone