NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) […]
Tag Archives: economy
LILONGWE, Malawi, November 5, 2012/African Press Organization (APO)/ – The Malawi Ministry of Finance, the Reserve Bank of Malawi and the International Monetary Fund jointly organized a conference in Lilongwe during November 2-3, 2012 aimed at discussing strategies for enhancing the implementation of Malawi’s Economic Recovery Plan (ERP). The high level conference was held under […]
According to a report by Statistics South Africa, unemployment rate in South Africa is at 24.9%, down from 25.2% in the first quarter. A staggering 79% of those unemployed are under the age of 35, with some 26,000 graduates unemployed. The largest decreases in unemployment were seen in Limpopo with 1.7%, Mpumalanga with 1.4% […]
The seventh African Economic Conference ended on November 2, 2012 in Kigali, Rwanda KIGALI, Rwanda, November 3, 2012/African Press Organization (APO)/ – Participants at the closing session of the seventh African Economic Conference (http://www.africaneconomicconference.org), on November 2, 2012 in Kigali, Rwanda, urged African leaders to put in place bold economic reforms, aimed at sustaining […]
By Thandisizwe Mgudlwa A report this week reveals that entry as a Small and Medium Enterprise (SME) is not so restrictive after all. And according to Gerrie van Biljon, Executive Director of Cape Town-based Business Partners, the general sentiment in South Africa’s business landscape is that the environment is plagued by challenges that hinder […]
Chinese Journal of Communication Volume 5, Issue 3, 2012 Special Issue: Media and the State: China and Beyond China in South Africa: media responses to a developing relationship DOI:10.1080/17544750.2012.701428 Herman Wassermana Abstract The formal invitation extended to South Africa by China late in 2010 to join the BRIC formation of emerging economies (Brazil, Russia, […]
Move to certify entire product line seen as significant step to eradicate trafficking and forced child labor on cocoa farms and plantations NEW YORK, Oct. 11, 2012 /PRNewswire-USNewswire/ — Today, the Interfaith Center on Corporate Responsibility, a shareholder coalition that engages companies on labor and human rights standards in global supply chains, commends the […]
Ceiba Intercontinental Adds Malabo – Madrid Route MALABO, Equatorial Guinea, Oct., 2012 /PRNewswire-USNewswire/ — Equatorial Guinea‘s national airline, Ceiba Intercontinental, made its historic first intercontinental flight on October 4 from Malabo, Equatorial Guinea, to Madrid. Ceiba will service the route with a newly acquired Boeing 777 aircraft. The Ministry of Civil Aviation of Equatorial […]
Enterprises and governments to be tech intensive and ICT empowered (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to […]
WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South […]
by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources […]
Tses Glass is expected to become the largest dynamic glass manufacturing factory in Africa focused on producing industry leading glass products with the type of float glass, hollow glass, glass wool and fiber, cast glass, and ultrathin glass for the construction of residential and commercial buildings as well as for automobiles, kitchenware, bottles, touch screen […]
The partnership with China should aim to boost Africa’s overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent’s regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon […]
Agreement Provides for Social and Economic Support [19-July-2012] WASHINGTON, July 19, 2012 /PRNewswire/ — The World Cocoa Foundation (WCF) and the office of Dominique Ouattara, first lady of Cote d’Ivoire, announced today an agreement to develop and implement educational and vocational training programs to benefit cocoa farmers and their families in Cote d’Ivoire. The […]
NEW YORK, July 20, 2012/African Press Organization (APO)/ — Following are UN Secretary-General Ban Ki-moon’s remarks to the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, in Beijing, 19 July: It is a great honour for me to participate on behalf of the United Nations at this important Forum on China-Africa cooperation. I […]
by Tina-Louise Company: Compuscan Telephone: 021 888 6127 It is estimated that identity theft costs our economy over R 1 billion each year. Despite the fact that consumers are becoming more vigilant, fraudsters are becoming more cunning. Techniques such as card skimming and phishing are used daily on unsuspecting victims to access their identity […]
By Thandisizwe Mgudlwa Vocational education and training is clearly the answer for most students who can’t enter the university system. That is why experts have in the past urged students to consider private colleges and Further Education and Training (FET) institutions as a viable option for gaining a tertiary education. Among them are quality […]
SunEdison demonstrates its ability to deploy high value solar assets in Europe and to structure complex transactions attracting world class financing partners BELMONT, Calif., July 9, 2012 /PRNewswire/ — SunEdison, a leading worldwide solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), today provided additional details on the solar project closings announced […]
LONDON, July 9, 2012 /PRNewswire/ — June proved to be a bullish month for stock markets, with investors buying back into the market after three previous months of declines as Central Banks looked to stimulate a slowing global economy. In June, the FTSE 100 gained 251 points or 4.7%. However, having hit resistance at […]
by Amat JENG Access Bank (Gambia) Ltd on Wednesday held its fifth Annual General Meeting (AGM) at the bank’s head office along Kairaba Avenue. Started with a required quorum, the meeting witnessed the Chairman board of directors of the bank, Bai Mattar Drammeh, declared total assets and contingents to have grown by 7.7% from dalasi […]
CAPE TOWN, South Africa, July 4, 2012 /PRNewswire/ — With the latest supply of power grids, power generation efficiency and movement toward energy-efficient buildings, Africa is at the brink of a green energy revolution – or is it really? The Frost & Sullivan Energy and Power Systems business unit will be hosting a complimentary web conference that […]
Washington, February 7, 2012 – With African leaders now calling for a continental free trade area by 2017 to boost trade within the continent, a new World Bank report shows how African countries are losing out on billions of dollars in potential trade earnings every year because of high trade barriers with neighboring countries, and […]
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