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Wednesday, December 13, 2017

South Africa Moves to Transform Financial Sector

The Minister of Trade and Industry, Dr Rob Davies says that the Amended Financial Services Sector Code (“FSC”) is now a legally binding document...

Oil Giants Partner to Bolster Production in Angola

Luanda - The Angolan State-owned Oil Company Sonangol and the Total Oil Company signed today in Luanda several partnership agreements to relaunch the oil...

Heineken Launches New Brewery in Mozambique

The construction of a brewery by the Dutch company Heineken in Marracuene district, about 40 kilometres north of Maputo, will create 200 jobs directly...

IMF Ready to Assist Zimbabwe’s New President

Harare - The International Monetary Fund (IMF) is ready to support Zimbabwe’s new government in its efforts to turnaround the country’s moribund economy, the...

South Africa: Treasury Keeps Lid on Grand-Scale Corruption at PRASA

For almost a year, National Treasury has kept the lid on almost 200 investigations into PRASA contracts which show that up to R2.5 billion...

South Africa Seeks to Boost Economic Growth

Trade and Industry Minister Rob Davies says there is a need to restructure the economy in order to ensure inclusive growth. He also said the...

Angola: Ex-President’s Daughter Isabel Dos Santos Fired

The eldest daughter of Angola's former President José Eduardo dos Santos has been sacked as chair of the board of the state-owned oil firm...

World Bank Commends Malawi

Lilongwe - Malawi has been commended for implementing reforms aimed at boosting the economy, and is now ranked 110 from 133 in the ease...

Hefty Fine Forced Zimbabwe’s Biggest Bank (CBZ) CEO to Quit

The Chief of Executive Officer of the Commercial Bank of Zimbabwe (CBZ) left his position unceremoniously amid revelations that the top official was pushed...

Nigeria To Register Near 1% Economic Growth – IMF

Lagos - NIGERIA’s economy is expected to register a 0.8 percent growth in 2017 but policy inconsistencies and banking system failures remain a threat,...
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