South African Q2 unemployment near record at 26.6 percent
South Africa’s unemployment rate dipped slightly to 26.6 percent of the labour force in the second quarter of the year from a record 26.7 percent [...] The post South African Q2 unemployment near...
View ArticleSouth Africa’s Gordhan says domestic, global growth outlook bleak
South African Finance Minister Pravin Gordhan said on Friday that the domestic and global growth outlooks remained bleak and sounded a warning about the financial [...] The post South Africa’s Gordhan...
View ArticleAfrica’s Top Cotton Grower Looks to Bayer After Monsanto Ban
Burkina Faso has asked Bayer CropScience to help produce genetically modified cotton even as the government decided to stop planting a variety introduced by Monsanto [...] The post Africa’s Top Cotton...
View ArticleSouth African refineries operational despite strike, fuel supply stable
Production at South Africa’s oil refineries has continued despite an indefinite strike by workers demanding higher wages, the petroleum association said on Monday, while fuel [...] The post South...
View ArticleGhana’s parliament rejects key IMF financing requirement
Ghana’s parliament on Tuesday overwhelmingly rejected a key tenet of a $918 million aid deal with the International Monetary Fund (IMF), breaching the terms of [...] The post Ghana’s parliament rejects...
View ArticleEbola after-effects threaten food shortages in West Africa – U.N.
Farmers in West Africa still reeling from the impact of Ebola, urgently need help or they could be forced to leave their farms to seek [...] The post Ebola after-effects threaten food shortages in West...
View ArticleWage strike begins against South Africa power utility Eskom
Workers have downed tools at three South African power stations and more were set to follow as a wage strike began at state-run power utility [...] The post Wage strike begins against South Africa...
View ArticleSouth African court bars strike at power utility Eskom
South Africa’s power utility Eskom said on Wednesday it had obtained a court order to stop a strike over pay by thousands of National Union [...] The post South African court bars strike at power...
View ArticleMalaysia palm oil producers to hunt for new markets, could look to Africa
Malaysian palm oil producers could be forced to find new customers in places like Africa as rival exporter Indonesia increases its dominance of major markets [...] The post Malaysia palm oil producers...
View ArticleKenya’s finance minister opposes capping of banks’ lending rates
Kenya’s Treasury opposes a move by parliament to cap commercial lending rates because other measures being put in place will help bring down borrowing costs [...] The post Kenya’s finance minister...
View ArticleSouth Africa’s rand, stocks weaker after hawkish Fed comments
South Africa’s rand retreated for a third consecutive session on Friday to its weakest level in a week against the dollar while stocks also fell, [...] The post South Africa’s rand, stocks weaker after...
View ArticleIMF evaluates Ghana’s fiscal outlook, could review assistance program
The International Monetary Fund (IMF) is evaluating Ghana’s fiscal outlook for the rest of 2016 and will consider the third review of the country’s $918 [...] The post IMF evaluates Ghana’s fiscal...
View ArticleGabon Justice minister resigns, calls for vote recount
Gabon’s justice minister resigned on Monday over the government’s refusal to recount controversial ballots that saw violent protests and allegations of fraud after the president [...] The post Gabon...
View ArticlePoll tension in Gabon, AU to offer help
AU has shown its readiness to contribute towards the search for a solution to post-election tension in Gabon. Chadian President Idriss Deby, current Chairman of [...] The post Poll tension in Gabon,...
View ArticleSouth African economy bounces back in Q2 but outlook cloudy
South Africa’s economy grew its most in six quarters between April and June as declines in the rand helped drive strong growth in mining and [...] The post South African economy bounces back in Q2 but...
View ArticleZimbabweans look forward to next protest
With a ban on demonstrations spectacularly overturned, opponents of Zimbabwe President Robert Mugabe are already looking forward to another protest: the singing of Nkosi Sikelela [...] The post...
View ArticleAfrica next for global economic growth – Museveni
Ugandan President Yoweri Museveni has called for increased investment in Africa, calling it the next centre for the world’s economic growth. In a State House [...] The post Africa next for global...
View ArticleExtra 100 troops deploy in South Sudan ‘to keep Britain safe’
There is a fragile peace in South Sudan after an agreement was signed in August 2015 to end a civil war which began in December [...] The post Extra 100 troops deploy in South Sudan ‘to keep Britain...
View ArticleSierra Leone FA president Isha Johansen among officials detained for corruption
The President of the Sierra Leone Football Association (SLFA)Johansen Isha and two others have been detained over corruption allegations. The country’s Anti-Corruption Commission (ACC) picked [...] The...
View ArticleZimbabwe government admits battling to pay civil servants
Zimbabwe admitted struggling to pay civil servants, with government salaries eating a whopping 96.8 percent of the annual budget as a worsening economy fuels protests [...] The post Zimbabwe government...
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