Business

Sat,29Aug2015

Business

Moe Shaik: We need a more reality-based approach

Photos© Lulama Zenzile/Foto24/Gallo Images/GettyThe spy chief turned bank chief is bullish about the development bank's impact in the region, but says risk mitigation must inform large multi-country projects

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People to watch: Rebels, oppositionists and money-makers

Photos© Billy K. Mutai/Nation Media GroupPhotos© Salaton Njau/Nation Media GroupPhotos© Suleiman Mbatiah/Nation Media GroupIn Kenya's fractious politics, leaders across the spectrum are having difficulty keeping all of their allies in line

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Nigeria: Warri oil refinery temporarily shut down

Photos@ReutersWarrirefineryNigeria's Warri refinery has been shut down temporarily and operations will resume by early next week a spokesman for the Nigerian National Petroleum Corporation (NNPC) said yesterday.

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Governance: The anti-corruption car crash

Photos© Tony Karumba/AfpPresident Kenyatta's outing of a confidential list of public officials being probed for corruption has prompted the investigating body itself to crumble into chaos

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South Africa's high-income shoppers boost Woolworths profit

Photo@ReutersshoppingSAWoolworths, South Africa's largest retailer by market capitalisation, reported a 20.5 percent rise in full-year profit, boosted by sales at the Australian department store chain it bought last year and defying a tepid economy at home.

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Mining: A Golden Voyage

The Africa Report traces the typical route that a gram of gold takes from an artisanal mine in eastern DRC, via refining in Dubai to a wedding ceremony in India

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Industry: The third revolution

Photos©Mikkel Ostergaard/Panos-ReaRenewable energy, the sharing economy and transportation innovation are reshaping economies across the world. Will Africa be able to leapfrog
in its development to build revolutionary electricity, manufacturing and transportation networks?

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