News & Events

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

Nigeria:Inflation Drops to 15.37% in December - Report
    [Premium Times] The National Bureau of Statistics (NBS) says inflation rate, measured by the Consumer Price Index (CPI), further dropped to 15.37 per cent in December 2017 from 15.90 per cent recorded in November of the same year.
Wed, 17 Jan 2018 05:34:31 GMT
Zimbabwe:Zimbabwean Family Still Stranded At Thailand Airport
    [New Zimbabwe] A Zimbabwean family stuck for months at an airport in Thailand remain stranded there after their plight was revealed last December.
Wed, 17 Jan 2018 08:14:57 GMT
Uganda:Workers Accuse Chinese Road Construction Firm of Abuse
    [Monitor] Government says it will investigate claims of torture and other forms of mistreatment by a group of workers employed by China Railway N03; a Chinese company which was contracted to upgrade the 195-kilometer Moroto-Soroti road in Karamoja Sub-region.
Wed, 17 Jan 2018 07:17:22 GMT
East Africa:How Debt Took Down My Nakumatt Empire - CEO
    [Nairobi News] For more than two decades, Atul Shah perched on the high pedestal of the regional retail business having built eastern Africa's biggest supermarket chain, Nakumatt.
Wed, 17 Jan 2018 07:10:11 GMT
South Africa:H&M Appoints Global Diversity Leader After Hoodie Debacle
    [News24Wire] H&M on Tuesday said it has appointed a "global leader" in addressing diversity and inclusiveness.
Wed, 17 Jan 2018 06:04:14 GMT
Africa:Experts Warn of Africa's New Debt Crisis
    [Nation] Concern is growing that 2018 could be the year that sub-Saharan Africa sees a new debt crisis, nearly 20 years since the last one was said to have been resolved.
Wed, 17 Jan 2018 05:15:51 GMT
Nigeria:Oil Propels Nigerian Shares to 9-Year Peak
    [Vanguard] Nigerian stocks have jumped to a nine-year high as Africa's biggest economy emerges from its worst recession in 25 years, buoyed by the high price of oil at $69 a barrel.
Wed, 17 Jan 2018 05:14:02 GMT
Zimbabwe:Bond Notes Here to Stay Says Chinamasa
    [The Source] Zimbabwe's surrogate bond note currency will remain in use until the economy recovers enough to sustain its own monetary unit, finance minister Patrick Chinamasa has said.
Wed, 17 Jan 2018 14:03:37 GMT
Sudan:SDFG - 'Sudan Mismanagement Cause of Economic Crisis'
    [Radio Dabanga] Kampala -The annual budget that Khartoum has prepared for 2018 shows the magnitude of the government mismanagement that led to the economic crisis experienced by the Sudanese people, and the popular discontent deepens the political instability in Sudan, according to a Sudanese think-thank.
Wed, 17 Jan 2018 10:24:27 GMT
Tanzania:Industrial Sugar Crisis Deepens
    [Daily News] . . . Bunge committee orders fast-track clearance of stalled consignments
Wed, 17 Jan 2018 10:21:46 GMT
Zimbabwe:Govt to Lower Taxes
    [The Herald] Government will soon lower tax brackets for various economic players as an incentive to encourage investment in the country and grow the tax base. Addressing Zimbabweans and investors in Namibia on Monday where he had accompanied President Mnangagwa on a working visit, Finance and Economic Planning Minister Patrick Chinamasa, conceded the country had a higher tax regime.
Wed, 17 Jan 2018 10:09:10 GMT
Tanzania:Business Registration and Licensing Agency Finally Cuts Red Tape
    [Citizen] Dar es Salaam -Investors will from next month find it much easy to register their businesses in Tanzania, thanks to a new online platform set up by the Business Registration and Licensing Agency (Brela).
Wed, 17 Jan 2018 09:45:08 GMT
Africa:African Airlines to Land Into Deeper Losses in 2018
    [Monitor] Kampala -The aviation industry in Africa is projected to continue making losses this year, largely due to the failure by governments to open up skies for competition.
Wed, 17 Jan 2018 05:33:41 GMT
Egypt:Military Spokesman - Floating Ship Seized Duty-Unpaid Goods North of Salloum
    [Egypt Online] Military Spokesman Tamer al-Refai said a floating ship with duty-unpaid goods was seized by naval units north of El Salloum near the Mediterranean Sea .
Wed, 17 Jan 2018 18:38:07 GMT
Malawi:Malawi Reacts to Reports of Its Citizens Working in Iraq Under Harsh Conditions - Minister Warns Job Agencies
    [Nyasa Times] The Malawi Government has warned private employment agencies it will take drastic action against those deviating from the Labour Export Guidelines (LEG).
Wed, 17 Jan 2018 15:33:32 GMT
Namibia:Ethiopian Airlines Partners With Zambia to Re-Launch National Carrier
    [New Era] Windhoek -Ethiopian Airlines, the largest aviation group in Africa and SKYTRAX certified Four Star Global Airline, has confirmed that it has finalised a shareholders agreement with the Government of Zambia for the re-launch of Zambia Airways. The Government of Zambia will be the majority shareholder with 55 percent, and Ethiopian Airlines will have 45 percent stake in the airline.
Wed, 17 Jan 2018 15:31:37 GMT
Liberia:Gender Minister Cassel Surrenders in Debt Case
    [New Democrat] The Minister of Gender, Children and Social Protection Julia Ducan Cassel has surrendered herself to the Commercial Court at the Temple of Justice a week after she was ordered arrested for been indebted to a private company - Smart Tech, Inc. more than US$100,000.
Wed, 17 Jan 2018 15:03:48 GMT
Namibia:Banking Sector's 'Capital Supply' Grew to N$13,8 Billion
    [Namibian] THE banking sector has seen immense growth over the past five years, with its total qualifying capital standing at N$13,8 billion, compared to the N$8,3 billion recorded in 2013.
Wed, 17 Jan 2018 14:46:47 GMT
Namibia:'I Was Tempted Because There Was No Oversight' - Fraud Convict
    [New Era] Windhoek -A man who pleaded guilty on 288 counts of fraud in the Windhoek High Court before Judge Naomi Shivute said he committed the offences because there was no control on the bank's treasury interest account from which he stole the money.
Wed, 17 Jan 2018 14:37:46 GMT
Namibia:Joubert Appointed Head of Procurement At Bank Windhoek
    [New Era] Windhoek -Bank Windhoek have confirmed the appointment of Jacques Joubert as its new Head of Procurement. Joubert has over 20 years' experience in the procurement environment in both the public and financial sectors, including supply chain processes such as receipting, warehousing, stock control, purchasing and supplier management. He obtained several advanced certificate programmes in purchasing and supply management from UNISA, and completed various courses in management and leadership.
Wed, 17 Jan 2018 14:37:20 GMT
Namibia:Ilke Platt-Akwenye On Opening Doors for Young People
    [New Era] Windhoek -After opening a public relations business last year, founder Ilke Platt-Akwenye says she is now focused on using her business to empower other young people by giving internships to students.
Wed, 17 Jan 2018 14:28:23 GMT
Namibia:UN Secretary-General Appoints Bience Gawanas As Special Adviser for Africa
    [Namibia Economist] The United Nations Secretary-General, António Guterres earlier this week announced the appointment of Bience Gawanas of Namibia as Special Adviser for Africa.
Wed, 17 Jan 2018 14:28:04 GMT
Angola:Over 2 Million Vacancies Made Available in Public Schools Nationwide
    [ANGOP] Luanda -General education (primary and secondary education) public schools all over the country have made available 2.649,913 vacancies for the current school term, said Tuesday in Luanda the secretary of State for Pre-School and General Education, Joaquim Cabral.
Wed, 17 Jan 2018 14:19:00 GMT
Namibia:Namas Receive Record Entries for 2018 Awards
    [Namibia Economist] The Namibian Annual Music Awards (NAMAs) 2018 received a record entry of 978, the most since its inception.
Wed, 17 Jan 2018 14:13:01 GMT
Rwanda:Flower Firm Targets Local Market to Increase Revenue
    [New Times] Rwanda's flagship floriculture project, Bella Flowers, is looking to increase export earnings threefold on the back of increased acreage. Gopal Patil, the Bella Flowers farm manager and acting CEO, said the firm is targeting to produce an average of 100,000 stems of cut roses per day for the local and export markets.
Wed, 17 Jan 2018 14:05:40 GMT
Africa:Kenya's Financial Markets Ranked Fifth in Africa
    [Capital FM] The Kenya financial market has been ranked fifth in Africa with a score of 59 percent in the Africa Financial Markets Index.
Wed, 17 Jan 2018 14:01:50 GMT
Zimbabwe:Zim Scales Down Indigenous Law, Calls for Outside Investments
    [New Era] Windhoek -Zimbabwean President Emmerson Mnangagwa yesterday called for outside investments into Zimbabwe, saying the indigenisation law, once perceived as an impediment to outside investments, has been scaled down.
Wed, 17 Jan 2018 14:01:33 GMT
South Africa:12 Injured in Horrific KZN Crash
    [News24Wire] Twelve people have sustained serious injuries after a horrific taxi crash on the M1 Higginson Highway over the N2 bridge on Wednesday morning, KwaZulu-Natal paramedics said.
Wed, 17 Jan 2018 13:52:00 GMT
South Africa:Johannesburg Mayor Appoints New Committee for Finance
    [News24Wire] City of Johannesburg mayor Herman Mashaba has appointed a new member of the mayoral committee (MMC) for finance to replace, Rabelani Dagada, who was removed following allegations of nepotism and undue influence.
Wed, 17 Jan 2018 13:43:41 GMT
South Africa:City's Water Reports to DA 'Irregular' and 'Contradictory' - Federal Chair
    [News24Wire] Water updates or "reports" from the office of Cape Town Mayor Patricia de Lille to the Democratic Alliance (DA) have been "irregular" and "contradictory", the party's federal chairperson James Selfe said on Tuesday afternoon.
Wed, 17 Jan 2018 13:32:39 GMT
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