News & Events

First African king to present rural development at the UN
Fri, 15 Jul 2016 16:29:47 GMT

South Africa: Embattled Eskom Appoints New Acting CEO
    [Eskom] The Eskom Board wishes to announce the appointment of Mr Johnny Dladla as acting Group Chief Executive with immediate effect.
Thu, 22 Jun 2017 12:49:42 GMT
Nigeria: Govt Turns to Renewable Energy for Economic Growth
    [This Day] Abuja -The Acting President, Yemi Osinbajo, tuesday announced federal government's plans to provide renewable power supply for no fewer than one million households in rural communities that are not connected to the national grid.
Thu, 22 Jun 2017 15:45:19 GMT
Zimbabwe: Locals Hold U.S.$1 Billion in Offshore Accounts
    [Financial Gazette] A Parliamentary organ on the national budget has raised concern over a spike in cash held by Zimbabweans in offshore bank accounts, which escalated to nearly $1 billion during the current half of the year.
Thu, 22 Jun 2017 14:22:25 GMT
South Africa: Stock Exchange Warns Gupta-Owned Firm Risks Suspension
    [News24Wire] The JSE is considering suspending Gupta-owned Oakbay Energy and Resources because it no longer has an audit committee chairperson, sponsor or transfer secretary, which the stock exchange requires for a company to trade.
Thu, 22 Jun 2017 14:13:24 GMT
East Africa: 'Eating' Kenya's Standard Gauge Railway
    [Citizen] As the stories on the Standard Gauge Railway (SGR) recently launched by President Uhuru Kenyatta continued to bubble - the glory it will bring, the cost, which pocketed what and didn't - I have been intrigued by a less glamorous part of the tale.
Thu, 22 Jun 2017 12:20:22 GMT
Zimbabwe: VP Mnangagwa a Shameless Liar - Opposition
    [New Zimbabwe] The opposition People's Democratic Party (PDP) has scoffed at vice president Emmerson Mnangagwa's recent claim that government has met its electoral promise to create 2, 2 million jobs.
Thu, 22 Jun 2017 10:35:46 GMT
East Africa: Tanzania, Uganda and Rwanda Risk Losing U.S.'s AGOA Deal
    [Daily News] Tanzania, Uganda and Rwanda risk losing access to the American market through the African Growth and Opportunity Act (AGOA) following plans by the East African member states to ban imports of second-hand clothes and shoes.
Thu, 22 Jun 2017 10:10:45 GMT
Tanzania: Government Clears Air On Tax Exemption Policy
    [Daily News] Dodoma -The  government has issued tax exemptions worth 11.8trl/- in the period of 10 years, which is an average of 1.18tril/- per year.
Thu, 22 Jun 2017 10:05:22 GMT
Uganda: MPs Order Govt Officials to Return U.S.$1 Milllion Oil Cash
    [Monitor] Kampala -Parliament has ordered all the 42 government officials to refund the Shs6b they shared as a reward by President Museveni for winning the landmark arbitration tax dispute in London between the Uganda government, Heritage Oil and Gas and Tullow Oil.
Thu, 22 Jun 2017 09:28:01 GMT
Africa: Starbucks Set to Hire 2,500 Refugees in Europe
    [Thomson Reuters Foundation] New York -The move is part of the company's plan to add 10,000 refugees in 75 countries to its workforce
Thu, 22 Jun 2017 09:02:47 GMT
Malawi: Civil Servants Demand 20% Pay Rise
    [Nyasa Times] Malawi government has committed to increase salaries of civil servants up to 20 percent from the proposed 10 percent to prevent a planned stay away from work following workers demand for a 45 percent slary hike but they have asked to give a commitment letter and official circular from Office of President and Cabinet.
Thu, 22 Jun 2017 08:46:33 GMT
Zimbabwe: Govt Signs 'Disneyland in Africa' Deal With Chinese Investors - Report
    [New Zimbabwe] Victoria Falls -The government has signed a comprehensive agreement with unnamed Chinese investors for the construction of its 'Disneyland in Africa', a tourism and conference theme park in the resort town of Victoria Falls, the tourism minister said on Wednesday.
Thu, 22 Jun 2017 08:27:01 GMT
Southern Africa: South Africa's Fiscal Weakness Likely to Affect Botswana
    [Botswana Daily News] Gaborone -Botswana is likely to face challenges if South Africa's fiscal strength continues to weaken, says permanent secretary in the Ministry of Finance and Economic Development, Mr Solomon Sekwakwa.
Thu, 22 Jun 2017 08:17:17 GMT
Nigeria: Banks Seek Investigation of Etisalat Nigeria Over $1.2 Billion Loan
    [Premium Times] Strong indications emerged on Wednesday that a consortium of 13 banks, involved in Etisalat Nigeria's 1.2 billion dollars loan is seeking the Federal Government's intervention to investigate the management.
Thu, 22 Jun 2017 05:40:04 GMT
Uganda: Government to Cut Power Tariffs
    [Monitor] Kampala -State minister for Privatisation and Development Evelyn Anite has said power tariffs will be lowered with effect from 2018.
Thu, 22 Jun 2017 04:49:28 GMT
Nigeria: Mining - Govt Inaugurates Devt Partners, Donor Agencies Coordination Group
    [This Day] Abuja -In a bid to maximise supports of international bodies and foreign governments in ensuring sustainable growth in the mining and mineral sector, the federal government has inaugurated the Development Partner and Donor Agencies Coordination Group on Mining.
Thu, 22 Jun 2017 15:15:06 GMT
Zimbabwe: Bow Hunting - Govt's Great Wildlife Dilemma
    [Financial Gazette] A worsening foreign currency crisis has armed safari operators with the ammunition they desperately needed to build a case for reintroduction of the bow hunting sport in Zimbabwe.
Thu, 22 Jun 2017 14:34:04 GMT
Namibia: Geingob Wants Away With Bureaucracy
    [Namibian] President Hage Geingob yesterday agreed with a group of business people that bureaucracy was hampering the growth of the country's economy.
Thu, 22 Jun 2017 14:28:21 GMT
South Africa: Govt Now Spends More On Servicing Debt Than Social Grants
    [News24Wire] Servicing its debt is now costing the South African government more than the amount it spends on social grants, political analyst Daniel Silke said on Thursday.
Thu, 22 Jun 2017 13:53:34 GMT
Namibia: Cybercrime Bill Flawed - Civil Society
    [Namibian] Unauthorised access to communications, warrant-less surveillance and interception and a lack of personal data and privacy protection are some of the main concerns voiced by civil society organisations over the draft provisions of the Electronic Transactions and Cybercrime Bill.
Thu, 22 Jun 2017 13:47:58 GMT
Zimbabwe: National Roads Administration Boss Suspended
    [The Herald] The Zimbabwe National Roads Administration (Zinara) has suspended its finance director, Mr Simon Taranhike, with immediate effect.
Thu, 22 Jun 2017 12:55:58 GMT
Zimbabwe: Tobacco Rakes in U.S.$470 Million
    [The Herald] Zimbabwe has earned $470 million from the sale of 161 million kilogrammes of tobacco since the 2017 selling season opened on March 15 this year, statistics that the industry regulator released show.
Thu, 22 Jun 2017 12:55:27 GMT
Zimbabwe: Bank Lands Tender for U.S.$200 Million Energy Bonds
    [The Herald] The State Procurement Board has awarded CBZ Bank a tender to float energy bonds to raise $200 million for the Gwanda solar and Gairezi hydro power projects, being undertaken by State power utility Zimbabwe Power Company, with aggregate capacity of 130 megawatts.
Thu, 22 Jun 2017 12:55:00 GMT
Tanzania: Multisectoral Initiative Contribution in Tourism Growth
    [Daily News] In due course, ATC will have to wrestle a lot on competition and customer demands before the government can sigh with relief on this investment.
Thu, 22 Jun 2017 12:33:42 GMT
Africa: Are Slogans, Declarations and SDGs the Key to Development?
    [Citizen] Tanzania is not poor, but it was poorly managed and that's the main reason for the prevailing poverty. The rich and developed nations did not have MDGs and SDGs yet they developed and more recently, BRIC (Brazil, Russia, India and China) neither did they have these global slogans and declaration yet they are now recognised as middle-income countries.
Thu, 22 Jun 2017 12:06:43 GMT
Uganda: Court Orders Commissioner to Pay Shs 50 Million for Humiliating Doctor
    [Observer] Justice Oyuko Anthony Ojok has fined Kakonge Kambarage, the former Kabarole district resident commissioner Shs 50 million for humiliating a doctor.
Thu, 22 Jun 2017 12:05:40 GMT
South Africa: Minister Calls for Truce Between Uber, Metered Taxis
    [News24Wire] Metered taxi and Uber owners must find a way of working together to end the bloodshed and economic sabotage.
Thu, 22 Jun 2017 11:58:45 GMT
South Africa: Sustainable Energy Programme at Risk, Renewable Industry Warned
    [News24Wire] South Africa's successful renewable energy programme is in peril, the renewable industry warned on Tuesday.
Thu, 22 Jun 2017 11:56:17 GMT
East Africa: Tanzania Named Most Expensive Country to Send Money From UK
    [Daily News] Tanzania has been named as the most expensive destination in Africa to send remittance form United Kingdom.
Thu, 22 Jun 2017 10:27:49 GMT
Malawi: Finance Minister Warns Medical Stores Trust Against Debt
    [Nyasa Times] Finance Ministers Goodall Gondwe has said Treasury will bail out Central Medical Stores Trust which is struggling to pay off a debt of K13 billion to some of its suppliers but warned the institution against procurement of drugs on credit.
Thu, 22 Jun 2017 08:36:30 GMT
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