Business

Thu,30Mar2017

Business

Recession-hit Nigeria targets economy to grow at annual 7 percent by 2020

Nigeria is targeting economic growth of at least 7% a year by 2020, the Ministry of Budget and National Planning said on Tuesday, a far cry from its current recession, the first in 25 years.

Read more...

Botswana's growth to almost double as commodity sales rebound

Botswana's economy will grow by nearly double in 2017 compared to the previous year as Africa's largest exporter of diamonds shakes off a slump in global commodity prices and electricity shortages.

Read more...

South Africa to publish contested mining charter by March

South Africa will publish its revised mining charter by next month, a minister said on Monday, bringing closer legislation meant to redress racial economic inequality but which has concerned companies struggling with lower commodity prices.

Read more...

Tanzania says needs $46 billion in power investment by 2040

Tanzania said on Monday it needs $46.2 billion in investment over the next 20 years to revamp ageing energy infrastructure and meet soaring demand for electricity.

Read more...

EU leaders meet in Malta for roundtable talks on African migration

Italy and the European Union (EU) have pledged to finance migrant camps in Libya run by the U.N.-backed government, an agreement showed on Friday, 3 February, as part of a wider European Union drive to stem immigration from Africa.

Read more...

South Africa's Kumba pays $186 million to settle tax dispute

South Africa's Kumba Iron Ore, a unit of Anglo American, will pay $186m to settle a tax dispute with local authorities, the company said on Friday, sending its share price over 7% lower.

Read more...

Over 2 million Kenyans at risk of starvation due to drought

Animal carcasses littered the fields and stench of dead animals pervaded the air in Kenya's Marsabit County this week, the result of a prolonged period of drought which destructed forage for animals and made local population dependent on handouts to survive.

Read more...

Subscriptions Digital EditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

HEALTH

SPORTS

BUSINESS

SOCIETY

TECHNOLOGY

COLUMNISTS

Music & Film

SOAPBOX

Newsletters

Keep up to date with the latest from our network :

subscribe2

Connect with us