Latest Africa Economy News
- Euroshares outlook - set for uncertain start after Wall St losses 12 May 2008 10:26 GMT
... 5.72, or 0.23 percent, to 2,445.52 as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market ... at a 20 billion pounds bid for Africa's largest mobile phone operator MTN. Chief executive ...
- ITU: ITU TELECOM AFRICA 2008 opens in Cairo 12 May 2008 10:21 GMT
... 45 countries, including several from outside the African region, are exhibiting products, applications and services. ... 2007- and an encouraging investment climate spurring economic development in the region, Africa is a ... the opening ceremony, the Prime Minister of Egypt Dr Ahmed Nazif highlighted the impressive developments ...
- Search for inflation targets a fool's errand for bankers 12 May 2008 10:20 GMT
... method that can cause more damage than inflation itself The world's central bankers are a ... under the spell of monetarism, a simplistic economic theory promoted by Milton Friedman. After monetarism ... Czech Republic, Poland, Brazil, Chile, Colombia, South Africa, Thailand, Korea, Mexico, Hungary, Peru, the Philippines, ...
- Oil eases towards $125 on stronger dollar 12 May 2008 10:19 GMT
... PERTH — Oil fell today, after topping $126 a ... a basket of currencies today as weak economic data in Australia and New Zealand showed ... supply disruptions in the North Sea and Nigeria, as well as galloping demand for distillate ...
- GrowthGate buys into Arabian Roots 12 May 2008 10:17 GMT
... GrowthGate, the GCC-based specialist buyout firm, has reached ... UAE and more recently Qatar besides the Egypt, Syria and Lebanon and a presence in ... provided that they add strategic depth and economic benefits to Arabian Roots”, Fansa explained. “The ...
- FTSE gains as oil shares rise 12 May 2008 10:17 GMT
... a week of detail as far as inflation is concerned in the UK and in ... of pursuing a bid for the South African company MTN . "I have suggested for ... stockbroker at Redmayne-Bentley Stockbrokers on the UK economic picture. "I continue to see this as ...
- Zimbabwe may bar western observers 12 May 2008 10:16 GMT
... MDC secretary general Tendai Biti told South African public radio. Chinamasa accused Tsvangirai of playing ... results being announced. Chinamasa has also said Zambian President and SADC chairman Levy Mwanawasa’s failure ... has blamed the sanctions for his country’s economic downspiral characterised by inflation exceeding 165,000 percent, ...
- Zim may bar western observers 12 May 2008 10:16 GMT
... MDC secretary general Tendai Biti told South African public radio. Chinamasa accused Tsvangirai of playing ... results being announced. Chinamasa has also said Zambian President and SADC chairman Levy Mwanawasa’s failure ... has blamed the sanctions for his country’s economic downspiral characterised by inflation exceeding 165,000 percent, ...
- Vietnamese and Moroccan enterprises sign MoU on US $600 million fertiliser plant 12 May 2008 10:16 GMT
... Vietnamese and Moroccan enterprises sign MoU on US ... the Office Cherifien des Phosphates (OCP) of Morocco have signed a Memorandum of Understanding on ... a foreign country. OCP is the biggest economic group in Morocco under Morocco Royal ownership. ...
- London shares stay higher midmorning; oils strong; Kingfisher top FTSE 100 riser 12 May 2008 10:15 GMT
... > > > London shares stay higher midmorning; oils strong; Kingfisher ... 7.5 billion pounds for March. In other economics news, producer prices jumped in April to ... a barrel by ongoing supply fears in Nigeria and tensions in the Middle East. BP ...
- Q&A: The economy: School is in 12 May 2008 09:56 GMT
... It might not seem like it, but not all economists are predicting $200 a barrel oil, a ... couple of hiccups such as unrest in Nigeria, but nothing major as we move from ...
- Tsvangirai Not Fit to Rule Country - SA War Vets 12 May 2008 09:54 GMT
... Tsvangirai has come under fire from South Africa's Mkhonto weSizwe War Veterans' Association (MKVA) for ... facing numerous challenges such as food shortages, inflation and political concerns." Col Ricketts hailed Cde ... not millions, of Zimbabwean professionals helping our economy tick." Speaking at the same function, Cuban ...
- Zimbabwe: Tsvangirai Not Fit to Rule Country - SA War Vets 12 May 2008 09:54 GMT
... Tsvangirai has come under fire from South Africa's Mkhonto weSizwe War Veterans' Association (MKVA) for ... facing numerous challenges such as food shortages, inflation and political concerns." Col Ricketts hailed Cde ... not millions, of Zimbabwean professionals helping our economy tick." Speaking at the same function, Cuban ...
- Transit key in pollution, poverty fights 12 May 2008 09:54 GMT
... as a single unit." Many cities in Africa, Asia and South America had public transit ... school," Kete explains. "That doesn't support the economic base." In China and India, where a ... improve lives in the developing world by investing in public transit, something Kete calls the ...
- Global Voices: Transit is key 12 May 2008 09:54 GMT
... as a single unit." Many cities in Africa, Asia and South America had public transit ... school," Kete explains. "That doesn't support the economic base." In China and India, where a ... improve lives in the developing world by investing in public transit, something Kete calls the ...
- TA-25 falls 0.9% 12 May 2008 09:52 GMT
... and more sorry forecasts for the American economy rolled in. Investment bank UBS expects further ... bank UBS expects further increases in Israeli inflation, with the annual pace reaching 4.7% in ... new fab might go up in India. Africa Israel fell 2% on its own Indian ...
- Why the presidential candidates won't talk about Israel 12 May 2008 09:52 GMT
... billion from the US in direct foreign economic and military aid, says Shirl McArthur, a ... money for Iraq is excluded. Next are Egypt ($1.8 billion) and Afghanistan ($1 billion). Up ... Olmert put it, Israel facing "a South African-style struggle." ...
- » SA's 'wage apartheid' 12 May 2008 09:52 GMT
... Whites in South Africa earn five times more than their black ... legacy," said the author of the research, economist Mike Schussler. "My concern is that our ... unable to rectify," Burger says, adding the unemployment rate for blacks is five times higher ...
- UNWTOâs Secretary-General visits Kenya in support of tourism industry recovery 12 May 2008 09:38 GMT
... his recent series of visits to other African countries, aimed at reinforcing their capacity to ... of the sector. This would assist the economy, the stability of the administration and the ... Regional Commission for Africa, in in Abuja, Nigeria (13-16 May).
- Just because I'm English! Nationality discrimination in the City 12 May 2008 09:38 GMT
... in the City and indeed the wider economy are not uncommon. In 2000 Mark Souster, ... Security Services 2008 his ethnic origin (black African) or national origin (Nigerian origin) and colour (black). However a claimant ...
- And many more to come 12 May 2008 09:37 GMT
... Almost everywhere I went last week — TV, ... American townships, Israel has built a modern economy with a per capita gross domestic product ... largest recipient of U.S. aid has been Egypt: Its GDP per capita is $5,000, and ...
- China among interested investors for Cameroon port 12 May 2008 09:36 GMT
... Canada and Europe have expressed interest in investing in the building of a $655-million multi-purpose ... containers, oil products, iron-ore and aluminium. Cameroon's Economy, Planning and Regional Development Minister Louis Paul ... project. Other companies from Canada, Europe and Africa were interested in buying stakes in the ...
- TA-25 falls 0.9% while tech and mid-caps rise 12 May 2008 09:36 GMT
... and more sorry forecasts for the American economy rolled in. Investment bank UBS expects further ... bank UBS expects further increases in Israeli inflation, with the annual pace reaching 4.7% in ... new fab might go up in India. Africa Israel fell 2% on its own Indian ...
- Zimbabwe may bar western observers from run-off 12 May 2008 09:18 GMT
... MDC secretary general Tendai Biti told South African public radio. Chinamasa accused Tsvangirai of playing ... results being announced. Chinamasa has also said Zambian President and SADC chairman Levy Mwanawasa’s failure ... has blamed the sanctions for his country’s economic downspiral characterised by inflation exceeding 165,000%, 80% ...
- Spread of nuclear capability feared 12 May 2008 09:18 GMT
... also planning nuclear plants, as are Libya, Algeria and Morocco in North Africa and the kingdom of Jordan. Even Yemen, ... seven nuclear power plants -- four in Egypt and three in Turkey -- over the next ...
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