Archive for Category: "Economy"

S.Africa’s rand little changed, bonds also flat

S.Africa’s rand little changed, bonds also flat

South Africa’s rand was little changed from its previous close and government bonds

Congo: lancement de la plus puissante unité de production

Congo: lancement de la plus puissante unité de production

Une centrale électrique à gaz d’une capacité de 300 mégawatts financée a hauteur de 600 millions de dollars du groupe pétrolier italien Eni,

Victoria Oil makes first gas sale in Cameroon

Victoria Oil makes first gas sale in Cameroon

Britain’s Victoria Oil & Gas (VOG) said it achieved its first commercial gas production in Cameroon and expects output to rise more than five times by the end of 2014.

S.Africa’s rand flat, bonds mixed in thin trade

S.Africa’s rand flat, bonds mixed in thin trade

South Africa’s rand was largely flat against the dollar in thin trading on Thursday and should stay trapped in current ranges

IMF chief warns Africa to prepare for Europe fallout

IMF chief warns Africa to prepare for Europe fallout

Many countries in sub-Saharan African are less prepared to deal with an economic shock now than they were during the 2008 food and fuel crisis

Angola’s Nov inflation slows to record low 11.28 pct

Angola’s Nov inflation slows to record low 11.28 pct

Angola’s annual inflation slowed to a record-low 11.28 percent year-on-year in November from 11.44 percent in October, signalling

Ethiopia signs Djibouti railway deal with China

Ethiopia signed an agreement with a Chinese state-run firm to build the final section of a railway line that will link its capital Addis Ababa

S.Africa judge revokes rights awarded in Kumba case

S.Africa judge revokes rights awarded in Kumba case

A South African judge ruled on Thursday that a company with no mining experience

Zambia miners seek independent tax compliance audit

Zambia miners seek independent tax compliance audit

Mining companies operating in Zambia, Africa’s top copper producer, want the government to appoint independent international auditors

Goldman upgrades South Africa’s Standard Bank

Goldman upgrades South Africa’s Standard Bank

Standard Bank is poised to deliver loan growth ahead of its peers, given its strong franchise network, Goldman Sachs said and upgraded

Burundi inflation quickens to 16.4 pct in Nov

- Burundi’s annual inflation rate rose to 16.4 percent in November from 13.3 percent in October,

Cameroun: réunion des acteurs économiques de la CEMAC

Réunis à Douala depuis hier, ces pays veulent accroître leur compétitivité sur le marché mondial. Contribuer au développement économique de la Sous région

Tunisia says 2012 budget gap to hit 6 pct/GDP

Tunisia says 2012 budget gap to hit 6 pct/GDP

Tunisia’s budget deficit is likely to widen to at least 6 percent of GDP next year

Cameroun: des réserves diamantifères revues à la baisse

Cameroun: des réserves diamantifères revues à la baisse

La Corée du sud saisit la Commission d’arbitrage de l’Onu pour exiger des excuses et des réparations du Cameroun.

European economic slowdown a problem for Africa: WTO

The euro zone crisis will continue to hamper African countries’ trade and economic growth because of the continent’s dependence