Business

Fri,20Oct2017

Business

Zimbabwe secures $478 million funding for agriculture: state newspaper

In this 2002 photo, a child searches for loose kernels among discarded maize at the Mbare informal market, Harare, Zimbabwe. Photo: THEMBA HADEBE/AP/SIPAZimbabwe's government has signed a $478 million agreement with an energy company and three banks to finance the 2017/18 summer farming season in a push to improve food security, a state-owned newspaper said on Monday.

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South Africa's Sibanye Gold aims to restart Cooke mine this week

 In this 2012 photo Daniel Mazibuko pours buckets of water during their illegal gold mining in Roodepoort, South Africa. Photo: Themba Hadebe/AP/SIPASouth African precious metals producer Sibanye Gold aims to resume production at its strike-hit Cooke Mine later this week, but first plans to conduct safety inspections in the shafts on Monday.

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Malawi sees IMF loan approval as signal of donor confidence

A woman sits in front of an International Monetary Fund logo at the IMF and World Bank meeting,  Oct. 10, 2012. Photo: Itsuo Inouye/AP/SIPAMalawi's finance minister hopes the International Monetary Fund's approval of a $26.9 million loan could lead to more global lenders unlocking budget support that was suspended three years ago over graft allegations.

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South Africa's Eskom names company veteran Dladla as acting CEO

A street light burns outside a glass office building in Johannesburg Feb.2008.Photo: AP Photo/Denis FarrellSouth African state-owned power utility Eskom appointed Johnny Dladla as acting chief executive on Thursday, a stopgap measure after a leadership crisis at the company worsened last week when the chairman abruptly resigned.

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South Sudan no longer classified as in famine - U.N.-backed report

A woman walk back to her home after receiving food distributed by ICRC in South Sudan, April 11, 2017. Photo: Stringer/AP/SIPASouth Sudan is no longer classified as being in famine, although 45,000 people in country's Jonglei and Unity states are expected to remain in famine-like conditions and the situation is still critical, a U.N.-backed food security report said on Wednesday (June 21).

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Anger mounts in Nigeria over state of the economy

A vendor sells newspapers, including stories of Buhari's medical leave for ill health, Nigeria,May 8, 2017. Photo:Sunday Alamba/AP/SIPANigerians say they are 'fed up' with the current economic situation, even as the government makes efforts to pull Africa's biggest economy out of recession.

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South Africa adds central bank row to economic and political troubles

President Jacob Zuma gestures during a news conference in Johannesburg, South Africa. Photo: DENIS FARRELL/AP/SIPAA major row in South Africa over the independence of its central bank escalated on Tuesday, with both sides trading barbs in a dispute over whether the bank should be more concerned about citizens and less about currency.

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