September 25, 2017

MoneyWeb – Africa Business News

MoneyWeb – Africa Business News

Africa – Business, Financial and Investment news and tools

Kenya may face constitutional crisis over election impasse

Constitution makes no provision for election not being held.

Kenya’s chief prosecutor orders investigation into election board

After re-election of President Uhuru Kenyatta was annulled by the supreme court.

Africa to get state-of-art HIV drugs for $75 a year

Drugmakers to cap prices in return for sales volume pledge.

Zim to pay $1.8bn in foreign arrears only when economy is stronger – finance minister

Zimbabwe’s Finance Minister on Wednesday said the southern African nation would not be able pay $1.8 billion in arrears to the World Bank and African Development Bank (AfDB) until economic fundamentals improve. Patrick Chinamasa said in a radio interview that a payment plan agreed with foreign lenders in 2015 in Lima, Peru, could only proceed

Zimbabwe’s Tsvangirai ‘out of danger’ in SA hospital

MDC leader was hospitalised after the sudden onset of severe vomiting.

Zambia seeks bidders for new mobile provider to take on MTN

New entrant could be able to start operations in next year.

Macadamias to marigold seeds spark hope for Zim farm reboot

Production of macadamias seen rising to 15,000 tons this year.

Grace Mugabe says model attacked her with knife

Group representing model dismisses Mugabe 'lies'.

Diamonds fund Zimbabwe political oppression, Global Witness says

Secretive arrangements channel money to spies and the military.

Zimbabwe businesses warn Mugabe growing deficit could destabilise banks

Zimbabwean business leaders told President Robert Mugabe on Thursday that his government’s expanding fiscal deficit was unsustainable and that financing it through local borrowing could destabilise the banking sector. At the first such meeting in 10 years, executives from the mining, manufacturing, banking and farming sectors and representatives of foreign airlines told Mugabe and his

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