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Business & Economics

Business & Economics  

Dar Es Salaam

02:17 GMT 30th March 2012

Tanzania plans to start opening up its capital account this year, enabling it to attract more investment initially from other members of the East African Community and then from the rest of the world by 2015.
 

Kinshasa

02:11 GMT 30th March 2012

Democratic Republic of Congo's government says it will block exports of tin ore, gold, coltan and wolframite unless traders can prove the minerals come from mines that are cerci fied by the state as conflict-free.
 

Nairobi

02:02 GMT 30th March 2012

Kenya Power plans to raise 20bn shillings ($241.7m) to convert overhead power lines into underground cables in the country's three major cities by 2016, its chief executive officer said last month.
 

Regional

01:59 GMT 30th March 2012

The economies of Central Africa's six-country CEMAC bloc will grow at an average of 6 per cent in 2012, up from 4.8 per cent in 2011, the governor of the zone's central bank said on February 29.
 

Probe Stokes Fuel Row

01:48 GMT 30th March 2012

Separate probes by the two houses of parliament claimed that petrol marketers are corruptly benefiting from the fuel subsidy. By Osedebamen lsibor, Abuja
 

Rescued banks acquired

01:43 GMT 30th March 2012

Three Nigerian banks have become big players after acquiring banks that fell by the wayside following a clean up of the sector three years ago. By Rosemary Udoh, Lagos
 

Action Plan Unveiled

01:34 GMT 30th March 2012

As Zuma launches an ambitious multi-billion dollar infrastructural drive, the opposition wonders how he will pay for it all. By Bill Corcoran, Cape Town
 

From Drain to Gain

04:27 GMT 12th March 2012

The recession in Europe and America has prompted many Africans to pack their bags and return to an increasingly economically bouyant continent. By Chofamba Sithole
 

Lesotho Signs Green Energy Deal

04:21 GMT 12th March 2012

The impoverished mountain kingdom has signed a multibillion dollar deal to harness wind and water in what will be Africa's biggest renewable energy project. By Bill Corcoran in Cape Town
 

Harare

05:03 GMT 9th March 2012

Zimbabwe is having to bolster its $4bn 2012 budget with $110m from a 2009 emergency IMF fund, a measure of the extent of an acute foreign exchange shortage in the southern African nation.
 

Dar Es Salaam

04:56 GMT 9th March 2012

Tanzania's economic growth slowed to 6.4 per cent in the third quarter of 2011 from 6.7 per cent a year earlier, driven by communications, mining and construction sectors, but short of the government's full-year target.
 

Cairo

04:55 GMT 9th March 2012

Egypt said late January it would ask the World Bank for a $500m loan and another $500m loan from the African Development Bank to help it fill a budget gap widened by a year of political and economic turmoil.
 

Johannesburg

04:53 GMT 9th March 2012

South Africa's economic growth is 'certainly going to be below three per cent' this year due to the impact of a slowdown in the Eurozone economies, finance minister Pravin Gordhan said in January. 'Europe is a factor.
 

Lagos

04:48 GMT 9th March 2012

Nigerian interest rates may need to rise this year if the government pushes ahead with an expansionary budget, Nigeria's central bank governor said in January, despite the finance minister's stated wish for a rate reduction.
 

Strong Growth Continued

04:44 GMT 9th March 2012

A review of the country's economic performance last year puts the new Patriotic Front government on a sound footing as it seeks to turn growth into real change for ordinary Zambians. By Nawa Mutumweno, Lusaka