Business

Thu,23Nov2017

Business

Botswana's BCL to be sold off piecemeal after sale talks fail

Botswana President Ian Khama attends the SADC Heads of State Summit  in Harare, April, 2015. Photo: TSVANGIRAYI MUKWAZHI/AP/SIPACollapsed state-owned Botswanan copper and nickel producer BCL Limited will be sold off piecemeal after the company failed to find a buyer, its liquidator said on Friday.

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Parliament backs $750 mln state guarantee for Kenya Airways debt

Foreign tourists ride camels at a tourist resort near Mombasa, Jan. 2007. Kenya. Photo: Beatrice Larco/AP/SIPAKenyan lawmakers on Thursday approved a government proposal to guarantee $750m worth of debt owed by Kenya Airways, part of a broader financial restructuring, parliament said in a statement.

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South Africa's Vodacom names Moleketi as chairman

A schoolboy walks beneath a mobile phone advertising billboard in Johannesburg Sept 2014. Photo: Denis Farrell/AP/SIPASouth Africa's Vodacom Group said on Thursday it has appointed non-executive director Jabu Moleketi to succeed Peter Moyo as the mobile phone network operator's next chairman.

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Kenya nurses in strike over pay dispute

Kenyan nurses and other health-workers demonstrate over low pay in Nairobi, during a strike in December 2016. Photo: Ben Curtis/AP/SIPAKenyan nurses have been on strike for over a week demanding a rise in pay and improved working conditions.

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Congo tells consortia to form joint bid for Inga 3 hydro project

People arrive by river boat, center rear, in Kinshasa, Democratic Republic of Congo, Tuesday, April 2014. Photo:John Bompengo/AP/SIPADemocratic Republic of Congo on Tuesday asked Chinese and Spanish consortia vying to develop a long-delayed $14 billion hydroelectric project to join together and submit a single bid.

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South Africa's industrial policy is bearing fruit

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South Africa's trade and industry minister Rob Davies​ speaks to The Africa Report about developing regional value chains and the importance of the state’s role in getting positive social and economic outcomes from the private sector​.

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Zimbabwe bans grain imports after higher maize output

A woman gathers maize grain she harvested on the outskirts of Harare, Zimbabwe Oct 2012. Photo: Tsvangirayi Mukwazhi/AP/SIPAZimbabwe has banned grain imports to protect local farmers after producing enough to meet domestic demand, a government minister said on Tuesday, just a year after a devastating drought left more than 4 million people in need of food aid.

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