Egypt: EU provides support to fostering enterprise development, trade

Egypt: EU provides support to fostering enterprise development, trade

The Egyptian Minister of Trade and Industry, Tarek Kabil, and Ambassador James Moran, head of the European Union Delegation to Egypt, on Thursday jointly inaugurated the Trade and ...

Swaziland gov’t targets $706m revenue earnings from taxation

Swaziland gov’t targets $706m revenue earnings from taxation

The Swaziland Revenue Authority (SRA) has a target to collect $425 million for the 2016/17 budget, which, when added to the $281.3million from the Southern African Customs Union ...

US pledges to address abuse of harmful agricultural chemicals in Kenya

US pledges to address abuse of harmful agricultural chemicals in Kenya

The United States government has expressed willingness to partner with Uasin Gishu County government in Kenya's Rift Valley in an effort to reduce over-use and abuse of agricultural ...

Ghana: January inflation rate shoots up to 19 percent

Ghana: January inflation rate shoots up to 19 percent

Ghana's monthly consumer inflation rate for January 2016 has shot up from 17.7 percent in December 2015 to 19.00 percent in January, APA learns here. Ghana's Deputy Government ...

Egypt’s stock market gains EGP2.4bn on Wednesday

Egypt’s stock market gains EGP2.4bn on Wednesday

The Egyptian stock market's main index EGX 30 climbed 0.97 per cent at the end of Wednesday's session, recovering from a retreat on the previous day.The market capital gains EGP2.4 ...

S/Africa: Zuma sets up task team to tackle jobs, growth

S/Africa: Zuma sets up task team to tackle jobs, growth

A joint task team of the South African government and business executives in the country will be established to focus solely on economic growth and job creation, South African ...

Largest diamond found in Botswana named

Largest diamond found in Botswana named

Diamond mining company Lucara on Wednesday announced that the winning name for the 1,111 carat gem quality diamond recovered in November, 2015 has been named "Lesedi La Rona" which ...

Egypt: EU provides support to fostering enterprise development, trade

The Egyptian Minister of Trade and Industry, Tarek Kabil, and Ambassador James Moran, head of the European Union Delegation to Egypt, on Thursday jointly inaugurated the Trade and Domestic Market Enhancement Programme in Cairo. This EU-funded programme supports the Ministry of Trade and Industry and its affiliates in their efforts to facilitate competitiveness and job creation in the Egyptian economy in line ...

Read more

Swaziland gov’t targets $706m revenue earnings from taxation

The Swaziland Revenue Authority (SRA) has a target to collect $425 million for the 2016/17 budget, which, when added to the $281.3million from the Southern African Customs Union (SACU) pool, will give the country a total budget of $706 million, APA reports here on Thursday. This amount will form part of the 2016/17 budget which is expected to be slightly over last financial year's $937.5million. SRA ...

Read more

US pledges to address abuse of harmful agricultural chemicals in Kenya

The United States government has expressed willingness to partner with Uasin Gishu County government in Kenya's Rift Valley in an effort to reduce over-use and abuse of agricultural chemicals, which are feared as being the major causes of rising cases of cancer in the country. US Ambassador to Kenya Robert Godec was addressing the issue brought about by Uasin Gishu deputy governor Daniel Chemno over concerns ...

Read more

Ghana: January inflation rate shoots up to 19 percent

Ghana's monthly consumer inflation rate for January 2016 has shot up from 17.7 percent in December 2015 to 19.00 percent in January, APA learns here. Ghana's Deputy Government Statistician, Mr. BaahWiredu, Thursday revealed at a news conference in Accra that this represents 1.3 percent increment in inflation. He attributed it to the astronomical increases in utilities and fuel prices, which recorded over 69 ...

Read more

Nigerian refineries to resume production soon – official

Nigeria's refineries are expected to restart before the end of the month after attacks on their feedstock pipelines forced their closure in January, the head of refining at the state-run Nigerian National Petroleum Corporation (NNPC), Mr. Dennis Ajulu, has said. The NNPC halted crude flows to the refineries in mid-January after the key pipelines feeding the plants were attacked. According to Ajulu, the ...

Read more

Nigeria to revive $4.5 bn Steel complex

Nigeria's Minister of Solid Minerals Development Kayode Fayemi has said that the $4.5 billion Ajaokuta Steel Complex will be handed over to private operators this year as part of a plan to kick start its industrial and mining industries. The Steel complex, which has an installed capacity of 5 million metric tonnes of steel a year, began in 1979, but work was delayed by the government's failure to pay the ...

Read more

Namibia set to be a beef hub in southern Africa

Namibia is set to become the beef hub in southern Africa and beyond once the construction of a meat processing plant and feed lot at the Kavango Cattle Ranch is complete, Dr Michael Humavindu said on Wednesday.Humavindu, the deputy permanent secretary in the Ministry of Industrialisation, Trade and SME Development the construction of the facility in Kavango region, will be completed within two years. The ...

Read more

Obasanjo tasks Nigerian govt on promoting economic growth

Former President Olusegun Obasanjo has charged the Nigerian Government to create the enabling environment to attract private investment which is needed to grow the economy. Speaking at the official opening of British American Tobacco Company Nigeria (BATN), head office in Lagos, Obasanjo said: “Government must partner with private sector to attract both local and foreign investments. “In 1999, Nigeria ...

Read more

Namibia to finally sign EPA

Namibia's National Assembly Speaker Peter Katjavivi on Wednesday said after long negotiations, the Southern Africa country is now set to sign the Economic Partnership Agreement (EPA) with the European Union (EU).Katjavivi said parliament is expected to pass legislation on the Economic Partnership Agreement (EPA) and the country will the agreement between May and June, and then ratify the agreement before ...

Read more

Egypt’s stock market gains EGP2.4bn on Wednesday

The Egyptian stock market's main index EGX 30 climbed 0.97 per cent at the end of Wednesday's session, recovering from a retreat on the previous day.The market capital gains EGP2.4 billion (1$=7.78EGP).EGX 30 reached 6,062 points up from 5,999 points at the beginning of today's session. The index for small and medium enterprises EGX 70 and the broader EGX 100 inched up, by 0.58 per cent and 0.51 per cent, ...

Read more

© 2009-2016 StarAfrica

Scroll to top
1