April 23, 2017

MoneyWeb – Africa Business News

MoneyWeb – Africa Business News

Africa – Business, Financial and Investment news and tools

Mugabe’s ruling party fractures as Zimbabwean opposition unites

Key opposition parties plan anti-Mugabe alliance in 2018 vote.

Kenya’s economy grew 5.8% in 2016, missing forecasts

Recovery in tourism industry boosts other sectors of economy.

World Bank sees sub-Saharan Africa GDP growth up in 2017

After poor 2016 performance.

AB InBev sees Africa as two-way street for boosting beer brands

Plans to invest between $150m and $200m on two new production lines in South Africa.

Congo aims to import SA electricity amid deep shortfall

The export would involve transporting power hundreds of miles through grids in Zimbabwe and Zambia, raising costs.

Zambian opposition leader charged with treason: Mwamba

Reportedly for failing to move off the road for the president’s motorcade.

Firestone Diamonds finds its biggest gem at new Lesotho mine

A 110 carat diamond unearthed as it starts commercial mining at its Liqhobong project.

Zambia’s inflation slows in March

LUSAKA – Zambia’s inflation slowed to 6.7 percent year-on-year in March from 6.8 percent in February, the statistics office said on Thursday. The monthly inflation slowed to 0.3 percent from 1.0 percent in the previous month, the Central Statistics Office said. “The decline in the year on year inflation rate is mainly attributed to price

Mugabe’s Zimbabwe gets busy creating ‘fiction money’

Flood of domestic debt pushing country towards brink.

IMF holds talks with Zambia

Over possible aid programme.

Related posts