Friday, 24 May 2019

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Thousands take part in pro-Bongo protests, AU to deploy observers

Thousands take part in pro-Bongo protests, AU to deploy observers

Thousands of pro-Ali Bongo supporters marched in Gabon’s capital Libreville on Wednesday, as a show of solidarity with the president after his re-election in the August 27th polls ...

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IMF chief Lagarde to face the jury in France

IMF chief Lagarde to face the jury in France

IMF chief Christine Lagarde will go on trial in France in December over a massive state pay-out to tycoon Bernard Tapie when she was finance minister, the court hearing the case a ...

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Zambia: Edgar Lungu sworn in as president

Zambia: Edgar Lungu sworn in as president

Edgar Lungu has been sworn in Tuesday as the 6th President of Zambia. Zambia has been lauded as a democratic nation regardless of political disputes that marred the elections. Pre ...

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6 factors that stabilised the economy of Tanzania, allowing growth

6 factors that stabilised the economy of Tanzania, allowing growth

The economy of Tanzania is stable and is set to grow as projected basing on the ongoing economic activities, according to the Bank of Tanzania (BoT). The bank said various indicat ...

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Uganda housing company targets 5,000 more units

Uganda housing company targets 5,000 more units

Uganda National Housing and Construction Company Limited (NHCC) is adding 5,000 housing units to its existing stock by 2020. Uganda is said to have a housing deficit of about 1.6 ...

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Aggreko brings 100 MW of ADDGAS-generated Power to Benin

Aggreko brings 100 MW of ADDGAS-generated Power to Benin

Aggreko has won a bid to supply 100 MW of ADDGAS-generated power to Benin. The one year contract will support the country’s national grid with energy generated from ADDGAS – an ad ...

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Is Treasury sabotaging the economy of South Africa?

Is Treasury sabotaging the economy of South Africa?

South Africa’s inter governmental wars have reached a new plateau with the announcement by Futuregrowth that its suspending “any additional loans” to some of the biggest SOes. In ...

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SA firm to build a cigarette plant in Zimbabwe

SA firm to build a cigarette plant in Zimbabwe

South African-based cigarette manufacturer, Gold Leaf Tobacco is planning to set up a cigarette plant in Zimbabwe after officially registering its presence on the local market. Go ...

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Rand fall as market and investor concern deepens

Rand fall as market and investor concern deepens

South Africa's rand fell to its weakest in three weeks on Wednesday after reports that a large asset manager was halting loans to state-owned firms, spooking investors already con ...

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Handicrafts trade fairs to be launched in East Africa

Handicrafts trade fairs to be launched in East Africa

East African handicraft stakeholders are finalising negotiations with four International organisations to promote handicraft trade in the region. The Netherlands Centre for the Pr ...

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