New research shows the earning power of women is on the rise – something that, the Most Powerful Woman in Television, Disney’s Anne Sweeney knows all about.
There’s good news for female workers this week with the news that the earning power of young women has now surpassed that of their male counterparts.
News of the shift, [...]

According to the National Association of Automobile Manufacturers of South Africa (NAAMSA) automotive and light commercial vehicle sales have shown a very positive growth in the month of August.
A lot of the this growth can by due to buyers trying to to avoid the CO2 new car emissions tax. Aggregate industry sales at 46 377 [...]

Lusaka, Zambia 3rd Sep 2010 (ABN) – SAFINTRA a global roofing firm is hoping to invest about US 25 million dollars in Zambia in the next five years in its attempt to enhance its operations and increase market share.
The company which is a subsidiary of SAFAL group of companies has immense presence in 13 countries [...]

Stock brokers in Zimbabwe where left stranded Tuesday after Harare City council closed a building housing the Zimbabwe Stick Exchange due to failure to settle water bills.
Council officials are demanding outstanding $7000 from several tenants accommodated at the building. Investors where not certain if there would be any trade Wednesday. However, ZSE [...]

The Africa Export Import Bank (Afreximbank) and the Zimbabwe government have jointly unveiled a US$70 million loan facility to revive the country’s economy mailnly through its agriculture and manufacturing industries.
According to the agreement, Afrexim bank will inject US$50 million, while the Zimbabwean government will add US$20 million to the fund.
But the money would be channeled [...]

The oil spill reported in the Bonny area of Rivers State has rendered more than 6,000 fishermen jobless, according to the Bonny Environment Consultant Committee.
The News Agency of Nigeria (NAN) recalls that the spill from a vandalised pipeline belonging to Shell Petroleum Development Company (SPDC) was reported by fishermen through the committee on August 2, [...]

African countries are urged to partner among themselves for more enhanced development and better standard of living in the continent.
Vice President Muhammad Namadi Sambo stated this yesterday when he met with Nigerians resident in Bujumbura , Burundi . He said this is necessary as majority of African countries are attaining their fifty years of independence [...]

Lusaka, Zambia 25 Aug 2010 (ABN) – Zambia will start processing coal after its major coal mine Maamba Collieries Limited MCL announced it will in the next three months open a processing plant ending a five year long suspension on coal production.
The reviving of a new processing plant which will cost US 108 million dollars [...]

Lusaka, Zambia 25 Aug 2010 (ABN) – India is placed to strengthen its business presence in Africa after successfully launching Pan African E-network, a project aimed at providing effective communication in e-commerce and trade with African Union member states.
The project funded at a cost of US 117 million by India will run for five years [...]

The government was put on the spot Wednesday over its decision to increase and gazette new contribution rates to the National Health Insurance Fund and including out patient cover without parliament’s approval.
Gichugu Member of Parliament Martha Karua questioned why the government had bypassed parliament in its decision to review the charges that will now see [...]

Zimbabwe National Statistical Agency (ZNSA) on Monday (August 22) announced that the southern African country’s annual inflation marginally dropped to 4.1 percent in July from 5.3 percent in June and attributed to falling prices of food and non-alcoholic beverages.
The drop, the second in two months running is much in line [...]

ZIMBABWE is set to surpass its annual gold output forecast as the Chamber of Mines data reveal that from January to June the country produced 4 023kg of gold.
The Chamber of Mines has projected that this year’s gold production would increase by 43 percent to between 7 000kg and 8 000kg compared [...]

Malawi’s central bank, the Reserve Bank of Malawi, says it will resume the rationing of foreign exchange (forex) to contain shortage of money next month.
The bank’s governor Perks Ligoya says the move is aimed at containing shortage of foreign money in the country, according to Thursday’s The Nation.
Malawi has for the past year suffered from [...]

Economic experts in Malawi say people keeping their money with the country’s banks are losing out because what they get as interest is far below the country’s inflation rate.
The economic experts have since advised banks to increase their savings rates to within or above the inflation rate which currently stands at 7.5 per cent, according [...]

With preparations for the Automechanika SA 2011 motor industry show firmly under way, the planned conference programme for the event underpins the crucially important role that Automechanika South Africa has established in the South African motor industry since the first exhibition in 2009.
Automechanika SA will be held at Expo Centre in Johannesburg from 9-11 March [...]