Zambia’s economy is expected to grow by more than 4 percent this year helped by the mining, agriculture and construction sectors, Finance Minister Margaret Mwanakatwe said.
Economic growth in Africa’s second-largest copper producer rose to 4.1 percent last year, helped in part by higher commodity prices.
Officials had initially targeted at...
The African Development Bank (AfDB) has advised that it is time to process cocoa and produce chocolate in Africa, and to end the continent being at the bottom of global value chains.
AfDB said there is huge opportunity for Africa, the largest producer of cocoa in the world, to rake...
South African President Cyril Ramaphosa has ordered the country’s Special Investigating Unit (SIU) to probe allegations of maladministration at state run-power utility Eskom and logistics group Transnet, the government said on Friday.
Ramaphosa, who replaced former president Jacob Zuma in February, has made the fight against corruption a key plank...
Zimbabwe wants mining firms to list on the local bourse as part of efforts under new president Emmerson Mnangagwa to boost investment and local ownership of its vast mineral resources, a new bill before parliament showed.
Mnangagwa, who took power in November when the military ousted Robert Mugabe after nearly...
Trade tensions between China and the US have been ramped up after Beijing responded to US plans for putting new taxes on hundreds of Chinese imports.
China said it would place 25% trade tariffs on 106 US goods, including soybeans, cars and orange juice.
The tit-for-tat action comes hours after Washington...
Shares in the music streaming firm Spotify will be publicly traded for the first time later on Tuesday when the firm debuts on the New York market.
The flotation marks a turning point for the firm, that, after 12 years, has not yet made a profit.
Spotify's listing, which could value...
The economy of Mauritius is expected to grow by 3.9 percent this year, down from a previous forecast of 4.0 percent in December, due to an expected slowdown in agriculture and fishing activities, the statistics office said on Friday.
The Indian Ocean island economy expanded by 3.8 percent in 2017,...
South Africa will speed up visa processes and lure major conferences in an effort to boost foreign arrivals by 40 percent by 2021, its tourism minister said on Friday.
The new measures are part of a goal to attract five million additional travellers – four million international tourists and one...
The Hong Kong airline has agreed flight attendants can choose to wear trousers, after intense union pressure.
Some crew had complained that wearing short skirts had made them feel uncomfortable - especially when putting bags in overhead lockers or taking public transport to and from work.
But change will not happen...
The sixth edition of the Africa CEO Forum opened on Monday 26 March under the banner of "African champions: it's transformation time".
This major meeting of Africa's private sector, organised by Jeune Afrique Media Group and Rainbow Unlimited, brought together three African presidents, namely Alassane Ouattara of Côte d'Ivoire and...