Archive for Category: "Economy"
S.Africa platinum miner expects union to accept deal
The world’s No. 2 platinum producer, Impala Platinum, said on Monday its operations were running normally a day after South Africa’s biggest union said it had suspended a strike after securing an improved wage offer.
Kenyan PM calls G8′s $20 billion food pledge “peanuts”
A pledge of $20 billion by the G8 to fight hunger is a good start but pales compared to the amounts rich countries are spending to tackle the financial crisis, Kenyan Prime Minister Raila Odinga said on Sunday.
Nigeria lists bank debtors
Nigeria’s central bank has published a list of the largest defaulting customers of five banks rescued in a 2.6 billion $ bailout and warned the debtors to pay up or face legal action. The list of more than 200 companies, individuals and state bodies includes scores of stockbrokers and local oil and gas firms as [...]
Cameroon robusta exports slip again in H1
Cameroon’s robusta coffee exports fell further in the first six months of the 2008/2009 season, officials said, despite government efforts to reverse a long-term decline in the sector.
Mugabe party demands MDC seek end to sanctions
Zimbabwe President Robert Mugabe’s party demanded on Friday that Prime Minister Morgan Tsvangirai’s MDC party seek removal of the Western sanctions on Mugabe and his allies.
S.Africa’s c.bank cuts rates on growth worries
Facing a doggedly subdued economy, South Africa’s central bank surprised markets with a 50 basis point cut on Thursday after recent bleak data pointed to a longer and deeper recession than previously thought.
Mismanagment marred Nigeria-Asia oil deals:report
Nigeria has mismanaged relations with Asian oil firms, failing to capitalise on deals which could have helped it develop infrastructure and leaving $20 billion of investment at risk, think tank Chatham House said on Monday.
Bénin: Bolloré obtient la concession du PAC
Le groupe français Bolloré a obtenu la concession du Port autonome de Cotonou (PAC), a indiqué vendredi à l’AFP le ministre béninois de l’Economie portuaire, Issa Badarou. “Après le dépouillement de l’offre, puisque des trois sociétés seule Bolloré a déposé son offre dans les délais, nous lui avons attribué la concession du port”, a-t-il indiqué.
Zimbabwe finance minister gets death threat:MDC
Zimbabwean Finance Minister Tendai Biti has received a death threat, his MDC party said on Monday. “The MDC secretary-general, Hon Tendai Biti, has received a letter with a live bullet inside, it in what the party is treating as a death threat,” it said in a statement. The MDC formed a unity government with President [...]
Sudan requests IMF monitoring as revenues slump
Sudan has requested an 18-month IMF monitoring program starting this month, as its economy is hit by a sharp decline in oil revenues and foreign direct investment, according to documents published on Thursday.
Zimbabwe to raise state wages, issue bond
Zimbabwe raised its budgeted 2009 spending and increased wages for state workers in a mid-year budget review on Thursday, saying it planned to issue a government bond for grain purchases.
Burkina Faso: La crise financière impose une nouvelle révision.
Le Burkina Faso va procéder à la révision de son Cadre stratégique de lutte contre la pauvreté (CSLP). Les membres du Comité national de pilotage ont été officiellement installés, hier jeudi 9 juillet 2009, par le Premier ministre, Tertius Zongo
Le classement des villes africaines les plus chères pour les Américains
Le cabinet canadien Mercer, spécialiste des ressources humaines, vient de publier son étude annuelle sur le coût des expatriations de cadres de la zone dollar. Surprise, il revient plus cher d’envoyer un salarié s’installer à Douala ou Lagos qu’à Johannesburg ou Tunis, en raison de la parité dollar/euro.
Rights watchdog criticises Equatorial Guinea
Equatorial Guinea has taken mismanagement of oil wealth to new lows with billions of dollars of mainly U.S. investment benefiting the elite and not the population as a whole, Human Rights Watch said on Thursday.
Afrique-G8:Kofi Annan critique Berlusconi
L’ancien secrétaire général des Nations unies Kofi Annan a écrit au chef du gouvernement italien Silvio Berlusconi pour déplorer l’échec de son pays à respecter ses engagements en matière d’aide à l’Afrique, rapporte mardi le Financial Times.





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