India’s M&M looks to maintain double-digit growth in Africa
India’s largest utility and tractor producer, Mahindra and Mahindra or M&M, has set up an Africa-focused business unit as it looks to maintain double-digit growth […]
Zimbabwe
Zimbabwe: Companies’ tax arrears hit $ 1 Bln, Tax Agency
Zimbabwe’s companies and businesses owe more than $1 billion in tax arrears to the government, the Zimbabwe Revenue Authority said on June 25. Some of […]
China Development Bank lends $ 2 billion to Transnet group
The South African logistics group Transnet announced it had obtained a loan of 30 billion rand ($ 2 billion) from the China Development Bank to […]
Equity Bank to open office in DR Congo
Leading kenyan commercial bank, Equity Bank plans to expand to Congo. The Bank’s banking group has announced that it would soon open office in DR […]
Zimbabwe: EU willing to lift Mugabe travel ban, conditions attached
After the election of President Robert Mugabe of Zimbabwe as the Chairman of the African Union, the European Union (EU) has hinted that it is […]
Zimbabwe : Mugabe becomes AU Chairman
The Heads of state of the member countries of the African Union (AU) have elected Zimbabwean president Robert Mugabe as Chairman. Ahead of his election, […]
Zimbabwe: Banks continue to fold up, sector no longer safe
Zimbabwe’s banking sector seems to be crumbling as local banks continue to head out of business. The trend has been continuing for the past couple […]
Zimbabwe: Mugabe’s modifies constitution to continue ruling
President Robert Mugabe has affirmed his desire to stay in power after amending Zanu-PF’s constitution. The changing of the party’s constitution is seen by many […]
WB Says Togo Improved in Doing Business
Togo has improved in doing business and jumped from the 162nd to the 156th rank as shown in the latest edition of Doing Business report […]
EU to suspend sanctions against Zimbabwe
The European Union announced Monday it would suspend most sanctions decreed against Zimbabwe after the African country holds a credible referendum on a new constitution. […]