Business

Wed,18Oct2017

Business

S.Africa's manufacturing output contracts in February as recession looms

Shoppers make their way along the wide shopping avenues inside the newly-opened Mall of Africa in Midrand, South Africa, April 28, 2016. Thousands of South African shoppers flocked to the opening, despite rising unemployment and slowing economic growth. Photo: Denis farrell/AP/SIPASouth Africa's manufacturing output plunged in February as a sustained slump in consumer and business confidence hit the economy's second biggest sector, raising worries of a recession.

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Kampala Cycling Club has a courier service that could pay it's way to the Olympics

In this Wednesday, June 12, 2013, an aerial view of Constitutional Square in Kampala, Uganda.Photo: Stephen Wandera/AP/SIPAYusufu Mbaziira founded a bicycle courier inside his small town, Kasubi, a Kampala suburb in 2002. 

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Gambia to hold first free parliamentary election in 22 years

Gambians go to the polls on April 6 to vote for members of parliament in the first legislative election since Adama Barrow became president, and former dictator Yahya Jammeh was forced into exile.

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South Africa's new finance minister responds to ratings downgrade

South Africa's rand, bonds and banking shares tumbled sharply on Tuesday (April 4) after S&P Global Ratings cut the country's credit rating to junk in response to President Jacob Zuma's move to sack its respected finance minister.

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The Africa Report 2017

altTHE AFRICA REPORT DEBATES 2017
Is Africa’s Development an Illusion?
Marrakech, Morocco 7th April 2017 

The continent’s brightest talents and sharpest intellects clashed in our fifth debate on Friday, 7th April in Marrakech. The debate, launched by Mo Ibrahim, was part of the Mo Ibrahim foundation's 10th anniversary celebrations. The debate argued whether Africa's development is an illusion.

View the photo's, watch the videos and listen to the audio of this debate

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Congo businesses close as opposition strikes over election delays

Businesses shut down in the Congolese capital Kinshasa on Monday (April 3) as the opposition called a general strike after a breakdown in talks with President Joseph Kabila's allies last week raised fears of renewed violence.

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Ghana names monetary policy expert Addison as central bank governor

Ghana's President Nana Akufo-Addo named senior monetary policy expert Ernest Addison as central bank governor on Thursday, a day after his predecessor resigned for personal reasons, a statement from the presidency said.

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