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Business & Economics

Business & Economics  

'Road to Ruin'

04:33 GMT 26th April 2012

A project connecting three countries in East Africa has upset the local communities it goes through. By Tago Odher, Nairobi
 

A taste of things to come

04:25 GMT 26th April 2012

Implats caved in but many dismiss Zimbabwe's indigenisation drive as populist vote catching. By Bill Corcoran, Cape Town
 

Yaounde

12:41 GMT 25th April 2012

The World Bank has approved a $132m zero interest loan to help Cameroon build a dam to generate more electricity for homes and businesses across the west Central African nation.
 

Algiers

12:35 GMT 25th April 2012

Algeria will pay $6.5bn to acquire a controlling stake in Vimpelcom's Algerian mobile phone unit, a top finance ministry source said on March 28, potentially ending a dispute that has dragged for over a year.
 

Rabat

12:24 GMT 25th April 2012

Morocco's central bank has cut its benchmark interest rate by 25 basis points, making its first rate move in three years after a sharp drop in agricultural output and the crisis in the euro zone hit economic growth.
 

Tunis

12:06 GMT 25th April 2012

Tunisia's key tourism industry has begun to recover in the wake of last year's revolution, and the number of foreign visitors is likely to rise by about 20 per cent this year, tourism minister Elyess Fakfak said.
 

Harare

01:44 GMT 25th April 2012

Zimbabwe has shortlisted eleven bidders for the expansion of its Hwange and Kariba South power plants, with a winner expect ed to be announced in the third quarter of this year, its energy minister said late March.
 

Dares Salam

01:34 GMT 25th April 2012

BG Group's major gas discovery in Tanzania brings it a step closer to bankrolling a rwo-train liquefied natural gas (LNG) export plant along the prolific east African coastline, promising billions more worth of investments and raising hopes of the area's export potential.
 

Addis Ababa

01:18 GMT 25th April 2012

Ethiopia's export earnings rose 16.6 per cent in the eight months to February compared with the same period a year earlier, helped by rising revenue from gold and oilseed sales, while earnings from coffee dropped, ministry of trade data showed last month.
 

Mine Take-over Plan Squashed

05:33 GMT 30th March 2012

South Africa rejects mines nationalisation plan saying state control or ownership of the mines would not work, leaked ANC study reveals. By Bill Corcoran, Cape Town
 

Investment Hub

05:29 GMT 30th March 2012

Zambia is becoming a magnet for African investors, with South Africa taking the lead and the likes of Nigeria and Egypt following. By Nawa Mutumweno, Lusaka
 

Juba

02:35 GMT 30th March 2012

South Sudan, which has stopped shipping crude oil exports, has enough foreign exchange reserves to cover imports for up to one year, the deputy Finance Minister said on February 27.
 

Harare

02:31 GMT 30th March 2012

Impala Platinum (Implats) has come to an agreement with the government of Zimbabwe to hand over a 51 per cent stake in the company's local unit Zimplats to black investors.
 

Maputo

02:28 GMT 30th March 2012

Mozambique expects construction of a coal terminal to start in the next few months at the northern port of Nacala, with the aim of having it operational in two to three years, Prime Minister Aires Aly said in Tokyo last month.
 

Windhoek

02:22 GMT 30th March 2012

Namibia forecast a sharply narrower budget deficit for 2012/13 after huge spending over-runs in the current financial year, but growth may be sluggish, finance minister Saara Kuugongelwa -Amadhila said on February 28.