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Africastyles African News
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All Africa News
AllAfrica News: Economy, Business and Finance
All Africa, All the Time.
Kenya: 26 Die in Road Accident,
[Capital FM]
Kisumu -
At least 26 people are dead following a grisly road accident that occurred on Friday night on the busy Kisumu-Kakamega highway at the Mamboleo black spot.
Sudan: Juba Has Khartoum Over a Barrel,
[Af Conf]
Few outside the Juba government had expected it to start shutting down oil production on 22 January. Warnings from the Government of South Sudan had been widely seen as brinkmanship.
East Africa: Sudanese Oil Stalemate Persists,
[ISS]
Negotiations between Juba and Khartoum on the oil issue, under the auspices of the African Union's High-Level Implementation Panel (AUHIP), continued on the sidelines of the recently ended African Union meeting in Addis Ababa, Ethiopia.
Zambia: Critiquing the Critique On China in Zambia,
[Fahamu]
In December, Pambazuka News carried an article that critiqued a Human Rights Watch report that had exposed labour abuses in Chinese state-owned copper mines in Zambia. Here, Human Rights Watch responds to that critique.
Zimbabwe: Gono Warns of Economic Slowdown,
[Financial Gazette]
RESERVE Bank of Zimbabwe governor, Gideon Gono, has warned that the country's economic recovery may slow down on the back of knock-on effects from the Eurozone debt crisis and the continuing economic turmoil in the United States.
South Africa: Implats Fires 13,000 Workers,
[SAPA]
Johannesburg -
Impala Platinum has fired 13,000 miners who went on an illegal strike at its Rustenburg operation, the company said on Thursday.
South Africa: Fighting Poverty - the NDP, ANC and a Political Big Beast,
[African Arguments]
Over the years, the South African government has released a plethora of strategies and initiatives in its post-apartheid policy reforms. Many of these recommendations and programmes have evidenced middling success, and even outright failure. The latest such proposal is the National Development Plan, issued by the National Planning Commission of South Africa, an advisory body in the Office of the Presidency with a 5 year mandate.
Malawi: Consumers Have a Right to Fuel and Forex Black Market,
[IPS]
Lilongwe -
The black market for foreign exchange and fuel is booming in the midst of an acute scarcity in Malawi. The shortage is so severe that even the Consumer Association of Malawi, an influential consumer rights body, has come out in support of the black market.
Rwanda: China's Donation of HQ Reflects Africa's Problems, Says Kagame,
[East African]
Rwanda president Paul Kagame has said China's donation to Africa - the new headquarters worth $200 million unveiled last week is a reflection of Africa's bigger problems.
Zimbabwe: RFHL Board Restructuring 'Null and Void',
[Zimbabwe Independent]
RESERVE Bank chief Gideon Gono has dismissed the recent reconstitution of ReNaissance Financial Holdings Ltd's board as null and void.
Nigeria: Never So Divided, Never So United,
[IRIN]
Lagos -
A month after an angry public launched protests across Nigeria over skyrocketing fuel prices due to the removal of a government subsidy, a measure of calm has returned and people seem to have settled into accepting a compromise.
Africa: Wishing AU Well On Free Trade Area,
[Public Agenda]
The African Continent had in the past and to this present day been described in uncomplimentary terms: the 'Dark Continent', the 'Continent that Devours its People', the 'Scar on the Conscience of the World', among others. These descriptions, although inappropriate and widely exaggerated, had stemmed from certain incidents, events and happenings on the continent.
Sierra Leone: At the Threshold of Rapid Growth,
[Concord]
The journey of the next fifty years of independence has begun; and we are gathered here today to map out how we are going to make it better than the journey we made during the last fifty years. This Conference is a moment for solidifying our collective promise to make this country better than we inherited it; and to deliver a country to our grandchildren that is worthy of their admiration, respect, and honorable remembrance of us.
Nigeria: Representatives Uncover More Fraud by Petroleum Marketers,
[Leadership]
Armed with the recommendations of the federal government's ordained KPMG report, the House of Representatives ad-hoc committee investigating the subsidy regime on Thursday uncovered more companies involved in overpayment worth several billions of naira.
Kenya: Potato Farmers Seek Protection From Brokers,
[Business Daily]
Potato farmers in Kenya want the government to intervene and control the farm gate prices of potatoes to protect them from the brokers, the middlemen said to be making extra-ordinary profits from the crop.
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