Business

Wed,23Apr2014

Business

Renewed hope as South African miners get new offer

File Photo©ReutersThere is renewed hope the three month strike in the platinum mining sector is nearing an end following a revised wage offer from mine owners.

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Mugabe's salary hike promise untenable

The Zimbabwean government may fail to meet its wage bill in the coming months, as economists warn that the economy and the country's tax base may not be able to afford a 23% increase recently awarded to public workers.

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Transport infrastructure before development

A train in Madagascar. Photo©Yosef Hadar/World BankWhile African governments and development partners are investing more in roads and rails infrastructure much more needs to be done for any meaningful socioeconomic impact to be made.

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Senegal: Turkish embassy construction fuels protests amid Dakar property boom

President Macky Sall's government has been accused by some rights groups of riding roughshod over civil liberties by banning and dispersing protests. Photo©ReutersProtests over the construction of a new Turkish embassy in the Senegalese capital Dakar have highlighted anger in the West African nation over a property boom that is swallowing the coastline and squeezing ordinary people's budgets.

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Energy: Ghana's gas processing plant at the end of the rainbow

The Kwame Nkrumah FSPO unit reflects high hopes at Jubilee. Photo©TullowAfter a series of delays and technical problems affecting the whole value chain, the state-owned petroleum company's new chief executive promises lift-off in July.

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Licensing: More for governments, less for companies

The latest rounds of oil exploration licences have greater strings attached. Photo©Peter Langer/Design Pics/Corbis Analysts worry that Africa will become less attractive for exploration as states try to get more from the oil and gas sectors.

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Money Transfer: Are Africans getting ripped off?

Migrant workers from some African countries pay charges as high as 20 percent to send savings home, the ODI report said. Photo©ReutersAfricans in the Diaspora are charged twice the global average in taxes to send money to relatives back home, a recent study has revealed.

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