Dp World To Invest $12 Milllion In Somalia
19/03/2019Dubai-based global port operator, DP World Berbera, has announced it has invested $12 million to improve operations at the Port of Berbera in Somaliland. The company said it commissioned the.
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Zimbabwe Earning To Be Boosted By Tobacco
18/03/2019Zimbabwe’s 2019 tobacco marketing season commences on Wednesday next week according to the Tobacco Industry and Marketing Board (TIMB) amid high expectations the golden leaf will boost foreign currency inflows..
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Business & Economy
France, Kenya Sign $2.26 Billion Deal
18/03/2019France signed infrastructure contracts in Kenya worth more than 2 billion Euros ($2.26 billion) on Thursday, including a 1.6 billion Euro 30-year concession for a Vinci-led consortium to operate a.
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Business & Economy
South Africa Central Bank Projects A 1.7% Growth in 2019
06/03/2019South Africa’s central bank has said it expects the economy to grow by 1.7 percent this year and 2 percent in 2020, governor Lesetja Kganyago said on Wednesday after the.
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Business & Economy
Tanzania To Merge Institutions
05/03/2019Tanzania’s Prime Minister Hon. Kassim Majaliwa has directed the merger of the Tanzanian Food and Drugs Authority (TFDA) and Tanzania Bureau of Standards (TBS) due to the similarity of the.
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Business & Economy
Ghana Concludes Report on Establishment of Fertilizer Plant.
05/03/2019Ghana has concluded a report on feasibility for a partnership between it and Morocco’s OCP and for the establishment of a fertilizer plant in Ghana. Officials from Ghana and the.
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Business & Economy
SA Rand Firms Against the U.S Dollar
04/03/2019The South Africa’s Rand has firmed against the dollar in early trade on Monday as risk appetite improved on signs the United States and China were close to striking a.
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Business & Economy
Nigeria’s NNPC Indicates Egina Stream Will Fall Outside OPEC Pact
28/02/2019Nigeria’s state oil company NNPC indicated that output from the new ultra deepwater Egina field would be classified as condensate and not oil, adding that the country would conform to.
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Business & Economy
Implats Swings Into First-Half Profit
28/02/2019South Africa’s Impala Platinum (Implats) swung into first-half profit, boosted by increased output, higher metals’ basket price and a weaker rand, the miner said on Thursday. Headline earnings per share.
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Business & Economy
Orange’s Restructuring Imminent
28/02/2019Orange, the French telecoms giant said on Wednesday that it was considering all options for its Niger business, which has been hit by difficult market conditions, including finding a partner.
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