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Aggregated news from around the world

 
Africa: Business news headlines around the clock. View category archive -->
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AllAfrica: Ghana: New President Must Tackle Economy
As Ghana's president-elect, John Evans Atta Mills, prepares to take office, he has his work cut out for him translating several years of strong macro-economic performance into tangible benefits for the majority of Ghanaians.
AllAfrica: Zimbabwe: Hunt On for Rogue Soldiers After New Years Day Rampage
A manhunt has been launched by police in Masvingo for a group of soldiers who went on a violent rampage through the high density suburb of Rujeko on New Years Day.
AllAfrica: Ghana: Paul Victor Obeng Leads Transitional Team
The 12-member transitional team of the president-elect, Professor John Evans Atta Mills, began work yesterday at the Accra International Conference Centre. However, there is no intention of retaining any minister of the outgoing government.
AllAfrica: Ghana: NDC Supporters Celebrate in Grand Style in Regions
It was unique celebration by the majority of residents in the Central Region immediately Prof. John Evans Atta Mills was declared president-elect of Ghana by Dr. Kwadwo Afari-Gyan, Chairman of the Electoral Commission (EC), reports David Allan Paintsil.
AllAfrica: Nigeria: Lagos Rice Project to Stabilise Price, Create Jobs
The Lagos State rice for job programme is not all about creating job for the teeming unemployed youths in the state but to also stabilize the price of rice through increase production of the stable food in the state.
AllAfrica: Nigeria: VP Visits Bauchi Tomorrow
THE Vice President Goodluck Johnatan is to lead an inspection team to Bauchi to assess the football facilities in the state preparatory to the under 17 world football championship tagged Nigeria 2009.
Business Report: Oil gains as Opec plans meet
Oil prices rose back above $47 on Monday as the Israeli-Palestinian conflict raged on and major crude producer Iran said Opec would hold a special meeting next month.
Business Report: CoAL meets BEE requirements
Coal of Africa and its partners have fulfilled plans to ensure the development company is fully compliant with BEE legislation.
Business Report: US must spend, spend, spend
Spending taxpayers money fast enough to aid economic recovery is one of the biggest tasks facing US President-elect Barack Obamas team.
Business Report: Zimbabwe extends price controls
Zimbabwe has extended the period for price controls to combat what it claims is profiteering by some elements in the business sector.
South Africa: Nkosi Signs for Netanya
One Million Children Get Life-Saving Mosquito Nets
Who Wants to Be a Millionaire Gets Internet Version
Fuji Star in Police Net
Chams Unveils World's Largest Internet Cafe
Crisis-hit Zim unveils another bank note
Congo-Kinshasa: Future of Truce in East in Doubt
Uganda: Lady Wins First Chartered Secretary Award
Uganda: Govt Asked to Explain Fuel Crisis
Rwanda: 12 Million Litres for Gov't Strategic Fuel Reserves

AllAfrica News: Economy, Business and Finance

All Africa, All the Time.
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·South Africa: Tough Year Ahead For Economy
FALLING interest rates, inflation and petrol prices will bring relief to the embattled economy this year, but conditions for business and consumers are set to remain tough.
·Ghana: New President Must Tackle Economy
As Ghana's president-elect, John Evans Atta Mills, prepares to take office, he has his work cut out for him translating several years of strong macro-economic performance into tangible benefits for the majority of Ghanaians.
·Nigeria: Legislators In No Hurry Over Budget
Federal lawmakers in the Lower House did not pass the 2009 budget before Christmas so as to avoid conflict with Aso Rock over capital project allocations.
·Zimbabwe: Hospitals Can Charge in U.S. Dollars
PUBLIC hospitals have been given the green light to charge for all medical services in foreign currency; a development many hope will improve service delivery.
·Nigeria: Minister Summoned Over Tax Fraud
An Abuja High Court has summoned Minister of the Federal Capital Territory, the Inspector General of Police and the Abuja Municipal Area Council (AMAC) to appear before it over allegations bordering on illegal and fraudulent collection of N500 million as road tax and gaseous emission permit taxes.
·Uganda: 180 Million-Litre Oil Depot in Offing
BESIDE increasing the capacity of the Jinja oil reserves, the Government is planning to construct a 180 million-litre oil storage terminal in Kampala, to stem the intermittent fuel supply problems.
·South Africa: Among Telecoms, Only Strongest Will Survive 2009
THE Competition Tribunal will begin hearings tomorrow to decide whether MTN should be allowed to take over cellular retail distributor iTalk.
·Tunisia: Stock Exchange Boasts Third Best Growth Among World Bourses
In spite of the world economic crisis, the Tunis stock exchange has progressed by 10,7% in 2008 , the third best performance in the world, according to the French news agency AFP.
·Ghana: Why Ghanaians Need to Support the President-Elect
To the vast majority of Ghanaians, the country is split into literally two halves, with one side responding to the clarion cry for change, and the other half concurring with the need for change, but only in leadership, and not necessarily of parties. The figures given out by Dr Afari Djan give an accurate reflection of how fractured the nation is, but also underscores who the real winner is.
·Ghana: Paul Victor Obeng Leads Transitional Team
The 12-member transitional team of the president-elect, Professor John Evans Atta Mills, began work yesterday at the Accra International Conference Centre. However, there is no intention of retaining any minister of the outgoing government.

BNET: Topic Updates: African Business

Latest updates from BNET.
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News4Sites - Africa Business

Headlines on Africa Business - News4Sites.com
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·South Africa: Nkosi Signs for Netanya
·Libyan Leader Muammer Gaddafi And President Sirleaf Hold Airport Talks
·One Million Children Get Life-Saving Mosquito Nets
·Who Wants to Be a Millionaire Gets Internet Version
·Fuji Star in Police Net
·Agriculture - Palm Oil - The Country's Untapped Potential
·'No Trade On ZSE Till Next Year'
·Chams Unveils World's Largest Internet Cafe
·Crisis-hit Zim unveils another bank note
·Congo-Kinshasa: Future of Truce in East in Doubt

AllAfrica News: North Africa Business

All Africa, All the Time.
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·Tunisia: Stock Exchange Boasts Third Best Growth Among World Bourses
In spite of the world economic crisis, the Tunis stock exchange has progressed by 10,7% in 2008 , the third best performance in the world, according to the French news agency AFP.
·Tunisia: Easy Jet to Launch Service in 2009
The newspaper Le Temps reports in Monday's issue that the UK- based low-cost airline, Easy Jet has submitted a request to Tunisia 's civil aviation authorities (OACA) to operate a service from certain European cities such as Geneva, Paris and Frankfurt to respectively Tunis, Monastir and Djerba.
·Tunisia: Green Party for Progress Publishes Newspaper
The Green Party for Progress has recently published the first issue of its weekly newspaper, "Le Tunisien". The 16-page bilingual (Arabic and French) publication, reports on the party's recent congress, as well as the expectations of the Tunisian political scene and the strengthening of the opposition press landscape.
·Nigeria: Infrastructure Tops Akpabio's Agenda
The Special Assistant to Government Godswill Akpabio of Akwa Ibom State on project monitor, Mr. David Etuk has said the provision of electricity, water and several basic infrastructure in all the communities in the State tops the agenda of the government.
·Tunisia: Air Links Between Tozeur and Major European Cities to Re-Open in 2009
Air links between Tozeur, located some 400 kilometres South of the capital, and the cities of Milan, Geneva and Madrid, will reopen in November 2009.
·Tunisia: Country Ranked in Top Three Places to Invest in Africa and the Middle East in 2009
Tunisia is confirming its reputation as one of the best spots for investing in property. In an online article released on Tuesday, the international property portal Homesgofast.com has predicted that Tunisia is part of the three top places to invest within Africa and the Middle East for 2009.
·Tunisia: President Ben Ali Focuses on Modernization of ICT Sector
President Ben Ali received on Thursday Mr Hadj Gley, Minister of Communication Technologies who briefed him on the implementation of programs and measures with a view to modernizing and promoting the services of communication technologies notably in terms of enhancing the infrastructure pertaining to communications, the internet, broad band , developing electronic services and modernizing postal services.
·Tunisia: Cabinet Meeting Decides Extension of El Ghazala Technological Park
A cabinet meeting held on Tuesday has decided a 100,000 square meter extension of the El Ghazala technological Park in new areas of the Ariana and Manouba governorates. The extension which consists in the building of a new technological park between El Ghazala and Nahli in the governorate of Ariana and another one in the governorate of la Manouba, will provide much needed support to the El Ghazala pole, as well as mo ...
·Egypt: ANHRI Calls for Action in Case of Internet Activist Detained in Saudi Arabia
On 21 December 2008, ANHRI said that the administrative judiciary court will review its recently filed claim on 20 January 2009. On 2 December, ANHRI filed a claim against the Egyptian president demanding the dismissal of the Egyptian minister of foreign affairs and the ambassador to the Kingdom of Saudi Arabia. This action was brought in response to their failure, thus far, to take any action that might force the Sa ...
·Tunisia: Measures Taken for Pump-Priming the Economy
President Ben Ali chaired on Tuesday a cabinet meeting which examined a support plan relative to enterprises whose activities were hampered by the latest world financial and economic crisis.

News4Sites - Egypt Business

Headlines on Egypt Business - News4Sites.com
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·23 Bauchi Girls for Medical Training in Egypt
·Egypt Partners With Sudan to Grow Wheat
·ANHRI Calls for Action in Case of Internet Activist Detained in Saudi Arabia
·Pirates Seize Egyptian Ship

AllAfrica News: West Africa Business

All Africa, All the Time.
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·Ghana: New President Must Tackle Economy
As Ghana's president-elect, John Evans Atta Mills, prepares to take office, he has his work cut out for him translating several years of strong macro-economic performance into tangible benefits for the majority of Ghanaians.
·Nigeria: Legislators In No Hurry Over Budget
Federal lawmakers in the Lower House did not pass the 2009 budget before Christmas so as to avoid conflict with Aso Rock over capital project allocations.
·Nigeria: Minister Summoned Over Tax Fraud
An Abuja High Court has summoned Minister of the Federal Capital Territory, the Inspector General of Police and the Abuja Municipal Area Council (AMAC) to appear before it over allegations bordering on illegal and fraudulent collection of N500 million as road tax and gaseous emission permit taxes.
·Ghana: Why Ghanaians Need to Support the President-Elect
To the vast majority of Ghanaians, the country is split into literally two halves, with one side responding to the clarion cry for change, and the other half concurring with the need for change, but only in leadership, and not necessarily of parties. The figures given out by Dr Afari Djan give an accurate reflection of how fractured the nation is, but also underscores who the real winner is.
·Ghana: Paul Victor Obeng Leads Transitional Team
The 12-member transitional team of the president-elect, Professor John Evans Atta Mills, began work yesterday at the Accra International Conference Centre. However, there is no intention of retaining any minister of the outgoing government.
·Ghana: NDC Supporters Celebrate in Grand Style in Regions
It was unique celebration by the majority of residents in the Central Region immediately Prof. John Evans Atta Mills was declared president-elect of Ghana by Dr. Kwadwo Afari-Gyan, Chairman of the Electoral Commission (EC), reports David Allan Paintsil.
·Nigeria: Lagos Rice Project to Stabilise Price, Create Jobs
The Lagos State rice for job programme is not all about creating job for the teeming unemployed youths in the state but to also stabilize the price of rice through increase production of the stable food in the state.
·Nigeria: VP Visits Bauchi Tomorrow
THE Vice President Goodluck Johnatan is to lead an inspection team to Bauchi to assess the football facilities in the state preparatory to the under 17 world football championship tagged Nigeria 2009.
·Nigeria: Nipp Project Cost Was Inflated - Report
The cost of the Nigerian Integrated Power Project (NIPP) embarked upon by former president Olusegun Obasanjo is alleged to have been inflated.
·Nigeria: Resign, Lagos Tells Striking Doctors
Lagosians may be in for an unhealthy start to the new year as the face-off between the doctors and the state government has taken a new turn, with the Commissioner for Health, Dr Jide Idris, asking doctors planning to embark on strike today to resign their appointments.

AllAfrica News: Central Africa Business

All Africa, All the Time.
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·Angola: Wharf Receives Large Ships for First Time
The northern Cabinda Province wharf received last Friday a large vessel with more than 132 metres of length and 15 metres wide, ANGOP learnt from a note of the local managing board of the port.
·Rwanda: Rwandatel in Expansion Drive
In a bid to bolster its national network coverage, Rwandatel is set to construct 86 masts in two months early this year.
·Rwanda: Fuel Crisis Averted as New Supplies Arrive
The government has announced that the fuel crisis which marred the festive season will soon come to an end as new supplies begin to arrive.
·Rwanda: RRA Exceeds Tax Revenue By 120 Percent
Rwanda Revenue Authority (RRA) the national revenue collection body in 2008 recorded an increase in its targeted collections surpassing it by 120.4 percent.
·Rwanda: Gov't to Reform Rwandair and Improve Air Transport - Official
The government is set to introduce new operational standards for Rwandair Express and make it "an airline of choice by focusing on safety and quality service".
·Rwanda: Clean Bill of Health After 2008 Challenges
The transition to 2009 comes with many triumphs, especially on the economic front, which were registered in 2008 despite the global tragedies like the food crisis, the surging financial crisis; and locally the most recent, withdrawal of aid by some so called Western democracies over a baseless 'UN Experts' report.
·Rwanda: 12 Million Litres for Gov't Strategic Fuel Reserves
The government is importing 12 million litres of fuel to add to its strategic reserves.
·Angola: Trade Stands Out as One of Most Active Sectors in 2008
With the licensing of 4,180 large and small public and private shops and service markets, including "Nosso Super" network of supermarkets, municipal markets and Logistics and Distribution Centres (Clod), trade stood in 2008 as one of the most active sectors of the Angolan economy, alongside the oil industry, civil construction and agriculture.
·Angola: New Workers Recruitment Regime for Oil Industry Published
The oil companies are obliged, henceforth to have Angolan citizens in all categories and posts, according to the new regime on the recruitment, integration, training and development of the personnel in the oil industry.
·Rwanda: Electronic Driving Licences to Be Ready Next Month
The Rwanda National Police (RNP) will start distributing new electronic driving licences next month to people who registered for them, the head of Traffic Police, Superintendent Robert Niyonshuti has said.

AllAfrica News: East Africa Business

All Africa, All the Time.
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·Uganda: 180 Million-Litre Oil Depot in Offing
BESIDE increasing the capacity of the Jinja oil reserves, the Government is planning to construct a 180 million-litre oil storage terminal in Kampala, to stem the intermittent fuel supply problems.
·Uganda: Find Viable Solution to Fuel Crisis
THE current fuel shortage across the country has pushed the price of petrol up to as much as sh10,000 a litre. Post-election violence in Kenya at the beginning of last year cut off Uganda's route to the sea and triggered shortage of fuel and other commodities that saw fuel pump prices shoot through the roof.
·Uganda: Govt Asked to Support Investments
OPPOSITION political party leaders have advised President Yoweri Museveni to support local investors the same way he was helping foreigners.
·Uganda: Bus Overturns Near Lyantonde
THE driver of the bus registration number belonging tio to SB Coaches on Monday lost control, swerved off the road and overturned at Kyapa on the Mbarara-Lyantonde road, injuring some passengers seriously.
·Uganda: The Fuel Crisis is Being Solved
PROBLEMS at Mombasa port, failure of the oil pipeline and transporters have conspired to cause a fuel problem. The energy minister, Daudi Migereko, explains the fuel shortage and how the Government plans to solve it in an interview carried out by Cyprian Musoke and Raymond Baguma.
·Uganda: Minting Money From Omujaaja
FARMERS in Masindi District are growing a medicinal shrub, ocimum (omujaaja). Gerald Tenywa assesses the prospects of this plant and asks why Government is reluctant on it's growing and processing.
·Uganda: Who is to Blame for the Acute Fuel Crisis?
WHAT are the views of the Government and the opposition on the topic of the week? Sunday Vision pits opposition columnist Wafula Oguttu against the Government representative, Ofwono Opondo.
·Uganda: Lady Wins First Chartered Secretary Award
A Ugandan, Doris Akol is the June 2008 winner of the Ralph Bell Prize of £100.
·Uganda: MPs to Lobby for Banana Factory
THE parliamentary committee on finance, planning and economic development is to lobby for more funds from the Government to invest in the banana industry at Nyaruzinga in Bushenyi district.
·Uganda: Govt Asked to Explain Fuel Crisis
THE Government has been asked to explain the persistent fuel crisis.

News4Sites - Ethiopia Business

Headlines on Ethiopia Business - News4Sites.com
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