Africa Business Headlines aggregated from diverse sources across the web, including local newspapers.
AllAfrica News: Economy, Business and Finance All Africa, All the Time.
- Namibia: Risk Appetite Among Borrowers Remains Subduedby Namibia Economist on 02/08/2021 at 15:24
[Namibia Economist] Credit extended to the private sector moderated to 2.6% in June 2021 from 2.7% a month earlier, according the Bank of Namibia.
- Namibia: Electricity Regulator Announces the Passing of CEOby Namibia Economist on 02/08/2021 at 15:24
[Namibia Economist] The Board of Directors of the Electricity Control Board (ECB) and ECB Management on Monday announved the sad and untimely death of Mrs. Foibe Louise Namene, the Chief Executive Officer of the ECB.
- Zimbabwe: Starafrica Gears for Export Marketby The Herald on 02/08/2021 at 15:23
[The Herald] SUGAR processor starafrica corporation says it is geared to take opportunities in the export markets as well as consolidate its market share in the region.
- South Africa: Treasury's Commodity-Driven Surplus Raises Fears of Slide Away From Fiscal Rectitudeby Daily Maverick on 02/08/2021 at 15:04
[Daily Maverick] South Africa recorded a R63-billion budget surplus in June, compared to a R22-billion deficit in 2020, as taxes collected from mining companies reaping the benefits of booming commodity prices globally kept Treasury in the black, just as it expanded grant payments following the riots and looting of earlier in the month.
- South Africa: Minister Gwede Mantashe Announces Adjustment of Fuel Prices Effective From 4 August 2021by Govt of SA on 02/08/2021 at 15:04
[Govt of SA] Minister of Mineral Resources and Energy, Mr Gwede Mantashe, announces adjustment of Fuel Prices Effective from the 4th of August 2021
- South Africa: N2 Toll Road On Wild Coast Divides Communityby GroundUp on 02/08/2021 at 14:37
[GroundUp] Some argue it will bring economic opportunities while others worry it will destroy their way of life
- South Africa: In-Depth - SA's Perennial Problems With Placing Community Service Doctorsby spotlight on 02/08/2021 at 14:24
[spotlight] Troubles regarding the placement of community service doctors have made headlines once again this year, as it seems to do most years. The structural roots of these problems are long-standing and complex.
- Namibia: Local Mahangu Production Bounces Backby New Era on 02/08/2021 at 14:22
[New Era] Mahangu, also known as pearl millet, is one of the most common staple food crops in Namibia contributing largely to overall domestic food security.
- Kenya: Peter Munya Unveils New Plan to Boost Pyrethrum Farmingby Nation on 02/08/2021 at 14:16
[Nation] The government is targeting to boost pyrethrum growing by ensuring that at least 10,000 acres of land is put under the crop in the region by next year.Agriculture Cabinet Secretary Peter Munya on Friday said this is part of the strategies to fully revive pyrethrum growing.Other strategies, he said, include provision and distribution of enough quality seedlings to farmers and increasing capacity of the pyrethrum processing plant.Mr Munya said his ministry, in partnership with the Nakuru government, is worki
- East Africa: Uganda Angered By 7pc Kenyan Levy On Its Milkby Nation on 02/08/2021 at 14:16
[Nation] Uganda has protested Kenya's delay in abolishing a seven per cent levy on milk imports following recent bilateral talks meant to resolve the stalemate as Kenya attributes this on third wave of Covid-19 that has hit Uganda.
- Nigeria: Cargo Haulage Cost Falls By 70% in 1 Month Over Low Importby Daily Trust on 02/08/2021 at 14:15
[Daily Trust] The cost of cargo haulage from the Lagos ports has dropped by about 70 percent in the last one months, importers and operators have said.
- Zimbabwe: Zim to Clear Paris Club Debtby The Herald on 02/08/2021 at 14:11
[The Herald] Zimbabwe plans to begin payments to Paris Club creditors, to clear its US$3.9 billion longstanding debt, in the second half of this year, Finance and Economic Development Minister Professor Mthuli Ncube has said.
- Nigeria: MTN to Invest Fresh N600 Billion As Subscribers Decline By 7.6 Millionby Daily Trust on 02/08/2021 at 14:09
[Daily Trust] MTN Nigeria Communications Plc (MTN Nigeria) has said it will invest fresh N600 billion to expand its network across the country in the next three years.
- Seychelles: Seychellois Cargo Service Now Exporting Fish to Nigerian, Ugandan Hotelsby Seychelles News Agency on 02/08/2021 at 14:06
[Seychelles News Agency] A Seychellois-owned cargo service, Euro African Star Transport (EAST), has begun exporting fish to African markets as part of its efforts to diversify Seychelles' exports.
- Mauritius: Air Seychelles to Resume Flights to Mauritius in October After 18-Month Pauseby Seychelles News Agency on 02/08/2021 at 14:04
[Seychelles News Agency] Air Seychelles will resume scheduled passenger flights to Mauritius starting October 3, the airline said on Monday.
- Namibia: Subsistence Farmers Increasingly Vulnerable to Climate Changeby Namibian on 02/08/2021 at 14:02
[Namibian] THE country's commercial and communal food production systems are increasingly threatened by climate change, a government analysis has revealed.
- Namibia: Mines Minister Taken to Court for Refusing to Renew Licenceby Namibian on 02/08/2021 at 14:02
[Namibian] CANADIAN mining outfit Deep-South Resources and its subsidiary Haib Minerals filed an application with the High Court of Namibia to review the recent refusal by the minister of mines and energy to renew Haib Minerals' copper project licence in Namibia.
- Namibia: Partnerships Needed for Katima/Liselo Farm Projectby Namibian on 02/08/2021 at 14:02
[Namibian] THE Ministry of Agriculture, Water and Land Reform is looking for public-private partnerships (PPPs) to fully implement the Katima/Liselo farm green-scheme project in the Zambezi region.
- Namibia: Walvis Bay to Evict Garbage Pickersby Namibian on 02/08/2021 at 14:02
[Namibian] HENDRINA Kamati (47) says the stink of the rubbish dump does not nauseate her any more.
- Angola: Angola, Ghana Committed to Agriculture and Mining Industryby ANGOP on 02/08/2021 at 13:16
[ANGOP] Accra -- Angola and Ghana are committed to strengthening cooperation in transport, mining, agriculture, training and education and defence field.
- Uganda: Russian Firm On the Spot Over Vehicle Tracking Dealby Monitor on 02/08/2021 at 12:55
[Monitor] Since signing of the memorandum of understanding (MoU) between government and Joint Stock Company Global Security on July 23 to implement the smart tracking project for a period of 10 years, the deal continues to elicit suspicion and flak.
- Uganda: Motorists With Expired Permits Get One Month Grace Periodby Monitor on 02/08/2021 at 12:49
[Monitor] The government has given motorists, whose driving permits expired during the 42-day lockdown, a one-month grace period to renew them .
- Uganda: Govt Sets New Terms for Arcades to Reopenby Monitor on 02/08/2021 at 12:44
[Monitor] Individuals operating businesses in Kampala City have to meet a number of stringent new conditions aimed at curbing the spread of Covid-19 as they reopen today.
- Nigeria: Still On the Depreciation of the Nairaby This Day on 02/08/2021 at 12:21
[This Day] On the 5th of July we had opened a debate in this column on the depreciation of the Naira. For those who may have missed it, kindly go to the website and update yourself so you can follow today's discuss. We received a response from Mr. Eustace Odunze, a renowned Economist and lawyer. We hereby publish Mr. Odunze's piece and will conclude with our reaction to him.
- Nigeria: FRSC Records 5,320 Crashes, 2,471 Deaths Nationwide in 6 Monthsby Vanguard on 02/08/2021 at 12:11
[Vanguard] The Federal Road Safety Corps (FRSC) recorded 5,320 road crashes (Road Traffic Crashes) and 2,471 deaths in the first half of 2021 nationwide.
- Tanzania: Barrick Keen to Implement Local Content Regulationsby Daily News on 02/08/2021 at 11:31
[Daily News] Barrick Gold Corporation has pledged to continue implementing local content regulations to ensure Tanzanians take an active part in the mining value chain.
- Tanzania: PM Touts Distribution of Free Avocado Seedlingsby Daily News on 02/08/2021 at 11:31
[Daily News] PRIME Minister Kassim Majaliwa has directed all District Councils growing avocado to establish nurseries for the production of seedlings to be distributed to farmers freely for generation of more incomes.
- Tanzania: Court Orders Nipo Group to Pay 940m/ - to Sao Hillby Daily News on 02/08/2021 at 11:31
[Daily News] THE High Court's Commercial Division has ordered Nipo Group Ltd, a local Engineering and Electrical power installation company, to pay over 940m/- to Sao Hill Industries Ltd for breach of contract on supply of treated wooden poles for rural electrification projects.
- South Africa: Somali Spaza Shop Owners Pick Up the Piecesby New Frame on 02/08/2021 at 09:59
[New Frame] With their businesses hit during the recent unrest, Somalis from Mayfair helped each other evacuate workers and stock from some of the worst-hit areas. Now they have to rebuild.
- Zimbabwe: Bumper Harvest Spurs Economic Recoveryby The Herald on 02/08/2021 at 09:29
[The Herald] Zimbabwean farmers did so well with the last harvest that the agricultural sector is now expected to grow 34 percent this year, more than three times the 11 percent initially projected in the budget at the end of last year.
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