Friday, 24 November 2017

Category: Business

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AfDB approves package to rebuild Somalia

AfDB approves package to rebuild Somalia

The African Development Bank Group (AfDB) said Monday that it has approved the bank’s Somalia Country Brief 2017-2020, under which it will help Somalia restore its critical infras ...

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Tanzania president fires council officials over road funds

Tanzania president fires council officials over road funds

Tanzania president John Pombe Magufuli has fired two municipal council heads after they failed to recall government allocations for road projects under their districts. A statemen ...

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Ethiopian increases flights to Cameroon, Gabon with the Boeing 787

Ethiopian increases flights to Cameroon, Gabon with the Boeing 787

Ethiopian airlines have announced an increase in its weekly flights to two Central African cities. Cameroon’s Yaounde and the Gabonese capital, Libreville. Ethiopian, the continen ...

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Oil price rises to $62.53

Oil price rises to $62.53

Oil price rose further, yesterday, with Brent climbing 46 cents to $62.53, while West Texas Intermediate, WTI rose 23 cents to $55.87 a barrel, the highest since July 2015 as Saud ...

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Liberia Supreme Court suspends run-off

Liberia Supreme Court suspends run-off

Liberia’s Supreme Court has ordered the elections body to investigate fraud allegations brought by a losing aspirant in the October 10, 2017 presidential elections, local news por ...

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Dubai invests $2.77m in Africa to promote bilateral trade

Dubai invests $2.77m in Africa to promote bilateral trade

The Dubai Chamber of Commerce and Industry says it has invested about $2.77 million in Africa to raise awareness of trade and investment opportunities, and to promote Dubai as an ...

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Ford invests R3-billion for production expansion in SA

Ford invests R3-billion for production expansion in SA

Ford Motor Company of Southern Africa on Friday announced that it was investing $220-million to expand production capacity at its South African manufacturing operations in order t ...

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International election observers call for negotiation to resolve Kenya’s political stalemate

International election observers call for negotiation to resolve Kenya’s political stalemate

African and European election observers have called on Kenya’s leaders to engage in dialogue to resolve the political stalemate following a divisive presidential re-run last week. ...

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Zimbabwean bids to scrap bride price

Zimbabwean bids to scrap bride price

A female lawyer in Zimbabwe has mounted a legal challenge to abolish lobola, or the bride price, saying it is an outdated practice which reduces women to mere "properties", the st ...

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Liberia presidential vote stopped by country’s Supreme Court

Liberia presidential vote stopped by country’s Supreme Court

Former football star George Weah and Vice-President Joseph Boakai are due to face each other in the second round. Liberia's Supreme Court has ordered preparations for Tuesday's pr ...

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