Business – Page 128 – Medafrica Times

South Africa to charge 10% more on steel import tariff

August 25, 2015 Geraldine Boechat 0

Africa’s largest steel maker, ArcelorMittal in South Africa, has asked the government to impose a 10 percent import duty on steel and in return, may […]

Failed rains put 4.5mln Ethiopians at risk of a food crisis

August 25, 2015 Steven Addamah 0

The number of Ethiopians who will need food aid by the end of this year has surged by more than 1.5 million from earlier estimates […]

Mauritius: Economic forecast shows 5.5% growth as of 2017

August 24, 2015 Khalid Al Mouahidi 0

Mauritius’ economy is expected to grow at an annual average rate of 5.5 percent from 2017 driven by higher investments and a focus on manufacturing […]

Kenya plans to borrow $328 million to finance Mombasa port expansion

August 23, 2015 Steven Addamah 0

The Kenya Ports Authority plans to borrow 34 billion shillings ($328 million) to finance the expansion of East Africa’s biggest harbor on the southeast coast, […]

Botswana: 2015 growth forecast down to 2.6%

August 22, 2015 Steven Addamah 0

Botswana split its 2015 growth forecast due to expected weakness in the diamond market, the finance ministry said in a 2016/17 budget strategy paper on […]

Egypt to host 2015 Africa Business Forum in Oct. 30

August 20, 2015 Khalid Al Mouahidi 0

Egypt will host the 2015 Africa Business Forum from October 30 to 31, to discuss how to accelerate private sector engagement and investment within Africa […]

Nigeria: Agribusiness to get $1.8bn investment boost

August 19, 2015 Khalid Al Mouahidi 0

A group of investors have donated the sum of $1.8 billion to develop agriculture and agribusiness in Nigeria, according to the country’s Permanent Secretary at […]