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Business

power move

US-China trade deal: 3 fundamental issues remain unresolved

The U.S. and China have reportedly reached a so-called phase one deal in their ongoing trade war. ...

Friday, 13 December 2019

cartel crunch

Cashew farmers under pressure to process

African cashew nut producing countries are investing heavily in production and processing, even as significant challenges such as demand size, ... cartels, market dynamics and protectionism linger.

making moves

South Africa: Transnet scores a rail deal in Ghana

Transnet has continental ambitions beyond freight and wants to be a major player in railway equipment and expertise. It is starting by reviving ... narrow-gauge railways in West Africa.

Thursday, 12 December 2019

where there's a will

Tanzania and Rwanda in push to reshape East African logistics

Rwanda and Tanzania individually signed two mega-infrastructure deals in the last week in moves that will undoubtedly reshape the East African ... region politically and economically. Kenya stands to lose most.

raising the bar

Nigeria’s N10.59trn budget strains already weak economy

President Buhari claims the 2020 budget will "accelerate the pace of economic recovery"; analysts and ratings agencies are not convinced. ...

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The “hijabistas”; veiled fashionistas chased by luxury brands

With the so-called modest fashion and haute couture markets booming - worth over $360bn by 2023 - hijabistas are asserting themselves as ambassadors ... of chic.

Wednesday, 11 December 2019

Perfect Storm

Tullow Oil share price collapse may be overdone

The collapse in Tullow Oil’s share price even as its reserves remain largely unchanged is a signal that value may be on the table. ...

coming in to land

Rwanda: Qatar Airways acquires 60% of the new Kigali airport

Less than a week after Rwanda signed a partnership with Paris-Saint-Germain (PSG), Qatar Airways has become the owner of the new Bugesera airport, ... still under construction. An investment in RwandAir is also under discussion.

Tuesday, 10 December 2019

White Elephant?

Ghana’s national airline relaunch may be just a political gesture

Ghana, without a state airline since the failure of Ghana International Airways in 2010, is planning a new national carrier. ...

construction stumbles

South Africa: Group Five, Basil Read and Aveng hit by contraction

The construction sector has plunged deeper into recession. This is further indication of the slow pace of South Africa’s infrastructure ... programme

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