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Tanzania: Refinery Set to Turn Tanzania City Into Major Gold Hub

Tanzania is set to earn more from its gold once the first refinery is completed in the country’s administrative capital Dodoma in the next six…

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Somalia: Economy Grows but Literacy Lags

The World Bank has applauded Somalia’s economic resurgence, but said that high levels of illiteracy pose a threat to long-term growth. Despite being ravaged by…

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Angola: Trump Calls for Attractive Business Environment in Angola

Luanda — The President of the United States of America, Donald Trump, on Monday urged the Angolan government to promote an attractive environment for foreign…

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Zimbabwe: We Are Too Scared to Work – Doctors

Dozens of doctors this morning staged a protest at Harare Hospital over the disappearance of Zimbabwe Hospital Doctors Association (ZHDA) president, Peter Mugombeyi saying they…

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Africa: Nile Dam Project – Talks Stall Between Egypt and Ethiopia

Egypt has accused Ethiopia of being “unfair” in talks over a massive dam project. The impasse has occurred due to technical aspects related to the…

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Zimbabwe: Striking Doctors Blocked From Confronting Mnangagwa

Dozens of striking Zimbabwean doctors in Harare were Monday blocked within just a hundred mitres from marching to President Emmerson Mnangagwa’s Munhumutapa offices amid fears…

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Zimbabwe: Diesel, Petrol Prices Go Up Again

Prices of petrol and diesel went up again on Monday, with the pump price of diesel now $10.89 per litre while petrol is now $10.41…

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Nigeria: Nigeria’s Inflation Reduces Again

Nigeria’s Headline Inflation slowed for the third consecutive month in August. The headline inflation reduced from 11.08 per cent in July to 11.02 per cent…

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Zimbabwe: Mangwana Blames Doctor’s Abduction On Mnangagwa Attempted Assassins

Information Secretary Nick Mangwana has blamed Saturday’s abduction on doctors union leader Peter Magombeyi on what he termed third forces which he linked to President…

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Zimbabwe: Protesting Doctors ‘Emotionally Drained’ By Colleague’s Abduction

Dozens of doctors and other health staff mainly from Mpilo and United Bulawayo Hospital (UBH) Monday staged their own demonstration to demand the release of…

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Zimbabwe: MPs Grill Central Bank Deputy Governor Over Cash Black Market

MPs on Monday took Reserve Bank of Zimbabwe (RBZ) deputy governor Kupukile Mlambo to task over continued cash shortages on the formal market when groups…

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Zimbabwe: Be Patient, Says First Lady to Suffering Zimbabweans

President Emmerson Mnangagwa’s wife, Auxillia has urged patience among locals, telling mourners at a funeral ceremony for a late top Zanu PF official that the…

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Zimbabwe: Union Blames Doctor’s Abduction On Paid Hooligans

the Zimbabwe Congress of Trade Unions (ZCTU) has blamed Saturday’s abduction on Zimbabwe Hospitals Doctors Association (ZHDA) acting president Peter Magombeyi on paid hooligans. Mugombeyi…

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Nigeria: Meet Buhari’s New Economic Management Team Members

President Muhammadu Buhari has constituted an Economic Advisory Council (EAC). Presidential spokesperson, Femi Adesina, said President Buhari appointed the following experts: 1. Prof. Doyin Salami…

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Zimbabwe: Work on Mugabe Mausoleum Begins

The construction of a mausoleum for former President Robert Mugabe has started, with preparatory work at the site under way, while work on the design…

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Nigeria: Minimum Wage – Govt, Public Servants Again Fail to Reach Agreement

The Joint National Public Service Negotiating Council (JNPSNC) and the Representatives of the Federal Government have again failed to reach an agreement over relativity and…

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Angola: Diplomat Calls for Chinese Investment in Mining Sector

Luanda — Angolan ambassador to China João dos Santos Monday in Beijing called on more than 150 participants in the 3rd Roadshow for mining concessions…

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Uganda: Why Kampala-Jinja Expressway Has Delayed

For many motorists, the Kampala-Entebbe Expressway is a driver’s paradise. It is breath-taking to meander across the swamp-fringed green landscape and the well-manicured lawn at…

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Uganda: Local Producers Fault Court Over Rise in Untaxed Rice Imports

Local rice dealers under the Rice Business Sector Association comprising of farmers, producers and processors have petitioned Parliament to protect them against importers of white…

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Tanzania: Fake Goods On the Decline As Tanzania Rolls Out Electronic Stamps

Dodoma — The number of counterfeits in the market is increasingly falling as the Tanzania Revenue Authority (TRA) rolls out its Electronic Tax Stamps (ETS),…

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South Africa: Zondo Commission Has Cost R356 Million So Far

The Zondo commission of inquiry into state capture brought South Africa Angelo Agrizzi’s Bosasa-bombshells, Jacob Zuma’s spy stories and more recently the Hlaudi Motsoeneng show….

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Nigeria: NES#25 – Nigerian Economic Summit to Focus On Pillars of ‘Industrial Revolution – – Minister

The 25th edition of the Nigerian Economic Summit (NES#25) will focus on the pillars of the country’s 4th Industrial Revolution, the Minister of Finance, Budget…

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South Africa: Metrobus Strike – Demawusa Vows to Continue, Despite ‘Minority Union’ Status

Metrobus has warned workers affiliated to Democratic Municipal and Allied Workers Union (Demawusa) that they are part of a minority union which has limited rights…

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South Africa: Call for Forensic Investigation Into Farm Worker Equity Schemes

When Jolande Smith and 240 other farm workers became shareholders in the Langwyde Werknemers Trust ten years ago, they thought their lives would change for…

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Zimbabwe: Dairy Industry Takes a Knock

Zimbabwe’s dairy herd has declined to below 32 000 from a high of 192 000 in the 1990s, Dairibord Zimbabwe CEO Anthony Mandiwanza has revealed….

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South Africa: High Court Rules RICA to be ‘Unlawful and Invalid’

Investigative journalism centre amaBhungane walked out of court victorious on Monday after successfully challenging parts of South Africa’s surveillance law, the Regulation of Interception of…

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Zimbabwe: Production of Buses Starts Next Month

Daniel Nemukuyu Investigations and Special Reports Editor THE production of 500 buses offered to Zimbabwe to modernise its mass public transport starts next month, Belarus…

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Zimbabwe: Unpacking the 2019 Mid-Term Monetary Policy Statement

The Mid-Term Monetary Policy Statement (MPS) came a time when the country recently introduced its sovereign currency, the Zimbabwe dollar, which effectively reactivated the monetary…

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Zimbabwe: Energy Regulator Comes Down Hard On ‘Cash Only’ Fuel Stations

The Zimbabwe Energy Regulatory Authority (Zera) yesterday shut down a Maps Fuel service station on allegations of conducting business outside its licence conditions. The service…

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Mali: In Fuel-Short Mali, Farmers Find Money in Saving Tree Stumps

Bamako — A method to regrow and partially cut trees is spreading in West Africa as a way of sustainably producing fuel – and income…

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Zimbabwe: 2020 Budget Consultations Begin Today

Pre-budget consultations for the 2020 National Budget have begun with several of Parliament’s portfolio committees expected to hold meetings with various Government ministries and departments…

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Namibia: Beverage Manufacturing Firm Introduces New Non-Alcoholic Beverage

Namibia Breweries Limited (NBL) reaffirmed its commitment to instilling “a culture of continuous innovation”, through the introduction of Windhoek Non-Alcoholic to its beer portfolio, and…

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Nigeria: How Nigeria Was Schemed Out of €15 Million EU-Funded Fisheries Project

There are insinuations that Nigeria may have been schemed out of €15 million (N6 billion) European Union (EU)-funded project designed for the development and improvement…

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Zimbabwe: Central Bank to Inject More Bond Notes, Coins to Ease Cash Shortages

The Reserve Bank of Zimbabwe (RBZ) will be issuing more bond notes and coins into the market to alleviate worsening cash shortages, amid high prevalence…

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Zimbabwe: Doctors Vow Continued Strike Despite Union Leader’s Disappearance

Zimbabwe’s striking doctors have vowed to continue with their job action despite the abduction of union leader by suspected State agents on Saturday. Peter Magombeyi,…

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Zimbabwe: Govt to Establish Gold Centres to Increase Output

Government has tabled a plan to establish gold centres which will provide technical and financial assistance to Artisanal Small Scale Miners (ASM). The move is…

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Zimbabwe: Thermal Coal to Produce 2 400 Megawatts of Electricity By 2023 – Govt

MINES and Mining Development Minister, Winston Chitando on Thursday said government was planning to work towards generating energy by taking advantage of thermal coal which…

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Zimbabwe: Companies Rake in Profits Despite Depressed Demand

Companies in Zimbabwe continue to rake in huge profits on the back of continued price increases despite operating in an environment characterised by reduced product…

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Kenya: Kenyans Are Addicted to Smartphones – Survey

Nairobi — Move over substances, Kenyans have a new source of addiction, and its name is ‘Smartphone’. A survey by Deloitte describes smartphone use in…

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Uganda: Museveni Wants 2020/21 Budget to Lower Cost of Doing Business

President Museveni on Thursday tasked Finance Minister Matia Kasaija to ensure that the budget for Financial Year 2020/21 lowers the cost of doing business in…

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Zambia: Govt Deports Chinese Man Over ‘Abusive Remarks’

Zambian immigration authorities on Saturday announced they have deported a Chinese national for allegedly using abusive language towards Zambians and government officials. Yi Jian,36, is…

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Kenya: Eight Killed After Kampala-Bound Kenyan Bus Collides With Truck in Uganda

At least eight people were on Sunday killed in a road accident at Nakawa, Busowa Town Council in Uganda’s Bugiri District on the Jinja-Tororo highway….

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Ethiopia: Why Showcase Sugar Projects Face Huge Challenges

If it’s completed, the Kuraz sugar project in Ethiopia will be a mega-scheme unprecedented in size and processing capacity. The project sits on 100,000 hectares…

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East Africa: EAC Keeps Europe Guessing Two Months to Crucial Meeting

Two months to the East African Community’s Summit, partner states are keeping the European Union guessing over the controversial Economic Partnership Agreement (EPA) whose signing…

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Nigeria: Nigeria, 10 Other African Countries to Benefit From Major Power Project

G5 Sahel heads of state at a Summit on Friday in Ouagadougou, Burkina Faso, gave strong support to Desert to Power, an Africa Development Bank-led…

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Nigeria: Nigerians Want Former CJN Belgore Punished for Betraying Country

Following PREMIUM TIMES report that exposed how former Chief Justice of Nigeria (CJN), Alfa Belgore, helped British firm, Process and Industrial Developments Limited (P&ID), to…

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Congo-Kinshasa: Dozens Feared Dead in Boat Accident

A boat carrying passengers and cargo has capsized in the Congo river near Democratic Republic of Congo’s capital, Kinshasa. The case is currently under investigation…

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Zimbabwe: Government Begins Mugabe Burial Shrine Construction

PRESIDENT Emmerson Mnangagwa’s government has started the process of constructing the esteemed mausoleum in which the body of late former President Robert Mugabe will be…

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South Africa: Makhura Appoints Commission of Inquiry Into Taxi Violence

Gauteng Premier David Makhura has appointed a Commission of Inquiry into minibus and taxi-type service violence, fatalities and instability in Gauteng. “The inquiry will investigate…

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Nigeria: How Former Chief Justice Helped UK Firm Win U.S.$9.6 Billion Judgment Against Govt

For the former Chief Justice, it was all business. It did not matter that he was providing an expert legal opinion against his country whose…

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Nigeria: Six Nigerian Undergraduates Found With ‘U.S. Security’ Documents Convicted

A Federal High Court judge in Abuja on Friday convicted six undergraduates for internet related offences. The vacation judge, Nkeonye Maha, sentenced Quarshie Nnamdi, Emmanuel…

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Mauritius: Chetan Ramchurn – “If We Judge Pravind Jugnauth Solely On The Debt Levels And Creation Of New Industries, He Has Failed”

With the loss of a number of members of the Mouvement Militant Mauricien (MMM) in the run up to the general election, Weekly speaks to…

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Malawi: Global Internet Security Provider Eset Trains ICTCT Malawi

As part of global internet security specialists ESET’s global drive to expand its footprints on the African continent and Malawi in particular, ESET East Africa…

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Ethiopia: Interpol Say Victims of Ethiopian Airlines Crash Successfully Identified

Six months after the Ethiopian Airlines crash that killed 157 people, families of victims of the crash may have closure after the International Criminal Police…

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Africa: How Can African Continental Free Trade Area Deliver a Made in Africa Reality?

On July 6-7, 2019 I was in Niamey both for the pre-Summit Business Forum and for the African Union’s Extra-Ordinary Summit to celebrate the first…

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Mozambique: Low Inflation in August

Maputo — The rate of inflation in Mozambique in August was 0.11 per cent, according to the latest figures from the National Statistics Institute (INE),…

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Mozambique: Opposition Leader Momade Promises Job Opportunities for Youth

Maputo — Ossufo Momade, the leader and presidential candidate of Mozambique’s main opposition party, Renamo, on Thursday promised that a Renamo government would create job…

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Africa: Dumping Fossil Fuels to Drive Green Development

Cape Town — Disinvestments in fossil fuels amounting to 11 trillion dollars – eight times the global GDP – have been recorded in the last…

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Mozambique: Third Credit Suisse Banker Pleads Guilty

Maputo — Surjan Singh, the third of the three former executives of Credit Suisse, charged by the US justice authorities in connection with the scandal…

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Kenya: Potholed Naivasha’s Moi South Lake Road Nightmare for Drivers

Flower growers and players in the lucrative hospitality industry have faulted both the national and county governments over the poor state of the busy Moi…

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Zimbabwe: ‘We Just Have to Brave It’ – Women Face Assault On Zimbabwe’s Public Buses

Bulawayo — More affordable fares have led to overcrowding on government-owned buses, putting women at greater risk of sexual harassment and assault as they travel,…

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Namibia: NSX Lists First Energy Company

THE Namibian Stock Exchange has listed an energy company for the first time, a good sign of deepening and diversifying Namibian capital markets. This was…

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Africa: AfDB’s Solar Project Aims At Making Africa a Renewable Power House

United Nations — When UN Secretary-General Antonio Guterres launched the International Solar Alliance last October, he applauded the goal of mobilizing about $1 trillion dollars…

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Nigeria: Veritas Kapital Assurance Appoints New MD/CEO

The Board of Directors of Veritas Kapital Assurance Plc has appointed Kenneth Edore Egbaran as substantive Managing Director and Chief Executive Officer of the company….

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Nigeria: Centre Urges Nigeria to Emulate China On Economic Development

The Centre for China Studies (CCS) in Nigeria has urged the Federal Government to emulate China especially in the area of economic development for a…

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Kenya: Tusker Safari Sevens Returns in Multi-Million Deal

The Kenya Breweries Limited (KBL) will resume sponsorship of Safari Sevens tournament after almost a decade after announcing a Sh115 million three-year deal with Kenya…

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South Africa: Farm Workers Paying the Price for Cheap South African Wine

South Africa — Systembolaget, the Swedish government-owned alcohol monopoly, promises fair conditions – but it also uses its purchasing power to put a downward pressure…

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Namibia: IMF Executive Board Concludes 2019 Article Iv Consultation With Namibia

On August 30, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Namibia and considered and endorsed…

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Ethiopia: Five Scenes Disappearing From Social Life in Addis Abeba

There was a time back in the 1980s and 90s where different scenes and consumer products were commonly used and practised. However, changes have led…

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Ethiopia: Five Reasons Why Ethiopia Could Be the Next Global Economy to Watch

Ethiopia is Africa’s oldest independent country and its fastest growing economy today. With a population of over 100 million and an annual economic growth rate…

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Angola: Chevron Seeks Partners in Benguela

Benguela — The oil company Chevron seeking local partnerships in southern Benguela province to manufacture support equipment for the oil industry, an initiative that can…

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Ethiopia: Saudi Co. Ahead of Contenders to Build 250mw Solar Project

ACOA placed its financial offer of 0.025 dollars a kilowatt-hour on Friday, September 5, 2019, through the Independent Power Purchase agreement framework. A Saudi Arabian…

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Africa: Huawei, Africa and the Global Reach of Surveillance Technology

Accusations that Huawei helped Uganda and Zambia spy on opponents have intensified concerns about China exporting its digital surveillance tools to Africa. But Western companies…

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Ethiopia: Enterprise, Trade Ministry At Loggerheads Over Oil Supply

The Enterprise claims it was not paid 597 million Br for the oil it has supplied to the Ministry of Trade & Industry (MoTI), over…

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Africa: Japan’s Tool to Out Compete Other Asian Giants in Africa

The three-day TICAD 7 Summit, which Japan launched to strengthen its presence in Africa, was held last week in Yokohama under the theme of “Advancing…

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Liberia: Weah Proposes Printing New Banknotes

Monrovia — President George Weah has written the Legislature requesting the lawmakers to approve the printing of new Liberian banknotes in the tone of L$35…

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East Africa: Now You Can Buy WiFi on Ethiopian Airlines Flights

Surfing the internet with seamless reliable connectivity has now become the new normal onboard Ethiopian Airlines flights thanks to the onboard WiFi internet connectivity the…

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Nigeria: Northern Governors Adopt Livestock Plan

Kaduna — Northern state governors Thursday adopted the National Livestock Transformation Plan (NLTP), initiated by the federal government, to curb the persistent clashes between farmers…

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Zimbabwe: National Railways Deal Awaits Treasury Approval

Following a recent meeting of the National Railways of Zimbabwe (NRZ) board and a joint plenary session by stakeholders on the rail utility’s US$400 million…

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South Africa: SANparks Employees Plan to Embark On Nationwide Strike

SANParks employees are planning a nationwide strike, including at the world-famous Kruger National Park, over unresolved wage disputes and unanswered complaints to management. The National…

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Zimbabwe: Is Harare Really Like Tripoli Without War?

According to the recently released The Global Liveability Index 2019 by the Economist Intelligence Unit (EIU), Harare ranks 134 out of 140 cities around the…

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Zimbabwe: Mining Export Earnings Plunge

Zimbabwe’s export earnings from minerals are seen plunging in the current financial year, missing government’s US$4 billion target, owing to various production constraints, as well…

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South Africa: Informal Sector Creates Jobs, but Shouldn’t Be Romanticised

The publication of South Africa’s latest unemployment figures was accompanied by the usual wringing of hands and promises of job creation. This time, however, a…

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South Africa: What Some Entrepreneurial Welfare Beneficiaries Do to Improve Their Lives

South Africa distributes 17 million social grants every month. These include child, disability and older person grants. Versions of this large social protection system exist…

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Zimbabwe: Central Bank Governor Mangudya Faces Daunting Task

Reserve Bank of Zimbabwe governor John Mangudya will soon present his mid- term Monetary Policy Statement, tasked with introducing a cocktail of measures to instill…

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Zimbabwe: Zimbabweans Now Living in Extreme Poverty As Economy Implodes

With Zimbabwe’s economy all but confirmed to contract by at least 8% in the year 2019, households are feeling the heat as poverty levels surge…

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Nigeria: Nigeria’s Greasy, Sleazy, Billion-Dollar Oil Theft Industry

In January 2019, security operatives conducting surveillance on oil installations in Lagos State, nabbed Mr. Shuaibu Ogunmola, an alleged kingpin of oil pipeline vandalism in…

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Nigeria: Govt Gives Approval for Completion of $5.3bn Ibadan-Kano Rail Project

Abuja — The federal government has approved the $5.3 billion Ibadan to Kano standard guage rail project. This was disclosed Thursday by the Minister of…

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Nigeria: Nigeria Ranks 146 On Ease of Doing Business – Official

The Nigerian Investment Promotion Commission (NIPC) has said that Nigeria ranks 146 out of 190 countries on the Ease of Doing Business globally. The Executive…

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Nigeria: We Won’t Inflict More Hardship On Nigerians – Buhari

President Muhammadu Buhari Thursday in Abuja assured Nigerians that the federal government will not inflict additional hardship on citizens, rather it will keep seeking ways…

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East Africa: Sudanese Prime Minister, South Sudan President Discuss Peace, Open Borders

Juba — Sudanese Prime Minister Abdalla Hamdok arrived in the South Sudan capital of Juba today for meetings with the South Sudan President Salva Kiir,…

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Zimbabwe: EDM Sells Electricity to Zimbabwe

Maputo — Mozambique’s publicly owned electricity company, EDM, has agreed to sell 50 megawatts of power to Zimbabwe. A memorandum of understanding to this effect…

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Ethiopia: Interpol Identifies Remains of March 10 Ethiopian Airlines Crash Victims

Nairobi — The International Police Incident Response Team (IRT) has identified the remains of all victims of the March 10 Ethiopian Airlines flight 302 crash,…

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Kenya: Ethiopia Crash – Another Kenyan ‘Set to Testify’ Against Boeing

The man from Nakuru County whose five relatives died in the March 10 Ethiopian Airlines plane crash says he is set to testify in a…

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Ghana: Resolving the Key Challenges in the Corporate Banking Space

Ghana is a developing economy and the private sector is key to achieving the set developmental goals. One main driver of the private sector and…

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Ghana: CBG Engages Parastatal Organisations

Consolidated Bank Ghana (CBG) has engaged with parastatal organisations to share the bank’s success story and nurture a relationship with them. The encounter at a…

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Ghana: ‘Work to Create More Business Opportunities Along Poultry Industry Value Chain’

The West African sub-region has been advised to work assiduously to create more business opportunities along the poultry industry value chain. It is important that…

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Ghana: Government Is Focused On Introducing Modern Technologies Into Agriculture to Make the Sector Attractive to the Youth.

“We are very passionate about agriculture because we know with proper transformation, more jobs will be created, food security will be enhanced and several people,…

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Ghana: Don’t Distort Ghana Beyond Aid Agenda

The Ghana Beyond Aid agenda by government has within the past few days been under the spotlight owing to an alleged comment by the Netherlands…

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South Africa: Shoprite Manager Accused of Using K-Word, Faces Disciplinary Hearing

A Shoprite regional manager has been taken to a disciplinary hearing for allegedly using the k-word on her subordinates. The disciplinary hearing for the regional…

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