Business

Sat,24Jun2017

Business

South Africa's Sibanye declares war on illegal gold miners

 Sibanye Gold CEO Neal Froneman, third from left, ring the closing bell at the New York Stock Exchange, Feb. 21, 2013. Photo: Mary Altaffer/AP/SIPAIllegal gold mining has plagued South Africa's mining companies for decades, robbing the industry and state coffers of billions of rand through small-time pilfering as well as networks run by organised crime.

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Kenya offers textile firms tax incentives to create jobs

A Kenyan woman look for clothes, March 12, 2005 at a second hand clothes market in the Kibera slum area of Nairobi. Photo: KHALLIL SENOSI/AP/SIPAKenya has started offering tax incentives to clothing companies, a key part of its under-performing manufacturing sector, to create jobs and provide affordable new clothes for shoppers.

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Ivory Coast cocoa quality suffers as merchants blend beans

In this photo taken  May 31, 2011, farmer Issiaka Ouedraogo walks past cocoa pods growing on a tree, on a cocoa farm, Ivory Coast. Photo: Rebecca Blackwell/AP/SIPACocoa exporters and grinders in top producer Ivory Coast are rejecting large volumes of beans because of poor quality as farmers seek to blend leftover main-crop cocoa into new mid-crop arrivals, exporters and merchants said on Thursday.

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Cash strapped Zimbabwe struggles to pay tobacco farmers

 Workers at Boka Tobacco Auction Floors inspect some of the tobacco on the first day of trading in Harare, March, 15, 2017. Photo:Tsvangirayi Mukwazhi/AP/SIPATobacco Farmers in Zimbabwe are demanding their money after weeks of payment delays as the country continues to experience a cash shortage.

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Gambia's bankrupt state risks failing families seeking justice

In this photo taken on Feb. 18, 2017, Gambia President Adama Barrow speaks during his inauguration ceremony in Banjul, Gambia. Photo: Kuku Marong/AP/SIPAA gutted court system and bankrupt state risks leaving those seeking justice for victims of the dictatorship out in the cold in the new democratic, Gambia.

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World Bank sees sub-Saharan Africa GDP growth up in 2017 after poor 2016 performance

Nigeria President Muhammadu Buhari, speaks at the presidential palac in Abuja, Nigeria, March 10, 2017. The World Bank has said that 2016 growth in Sub-Saharan Africa was hurt by poor performance in Nigeria, amongst other countries. Photo: Sunday Aghaeze/AP/SIPAEconomic growth in sub-Saharan Africa is seen rising between this year and 2019, helped by better commodity prices and improved global conditions, the World Bank said in a report on Wednesday.

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Zimbabwe's Mugabe impatient over pace of mining reform

Zimbabwean President Robert Mugabe delivers his speech during the country's 37 Independence celebrations in Harare, April, 18, 2017. Photo: Tsvangirayi Mukwazhi/AP/SIPAZimbabwe's mining industry needs to be reorganised to contribute more towards the African country's economy, President Robert Mugabe told crowds gathered at the national sports stadium in Harare to celebrate the country's 37th independence anniversary on Tuesday (April 18).

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