Business

Johannesburg, 11 April, 2005— Prices of basic commodities have increased sharply since Zimbabwe’s 31 March legislative elections, causing panic buying and fears of a return to widespread shortages. Economist Dennis Nikisi told IRIN on Monday […]

Washington, 11 April, 2005— Donor countries’ official aid to developing countries increased in 2004 to $78 billion, the highest level ever, according to the Organization for Economic Cooperation and Development (OECD). Accounting for inflation and […]

Johannesburg, 8 April, 2005— Campaigners have cautiously welcomed the World Bank’s (WB) approval of a US $3.8 billion debt relief package for Zambia under the programme to help heavily indebted poor countries (HIPC). The World […]

Windhoek, 4 April, 2005— Namibia has raised concerns over future power supplies after South Africa’s power utility, Eskom, announced it could no longer provide a steady supply of electricity. Eskom notified the Namibian Power Corporation […]

Abidjan, 31 March, 2005— Moussa Tanoh used to import two shipments of new car parts in to Cote d’Ivoire every month but in 2004, he only managed two all year as a protracted political crisis […]

Mbabane, 28 March, 2005— A Swazi construction firm and real estate developer have bowed to popular fears over the spread of HIV/AIDS by ending the use of on-site single sex workers’ hostels in a new […]

Walvis Bay, 21 March, 2005— A three-year battle with a weak US dollar, high fuel prices and declining catches have left many Namibian fishing companies on the verge of losing credit support from banks and […]

Washington, 16 March, 2005— The U.S. Millennium Development Corporation (MCC) has begun to spend some of its appropriated funds in Madagascar — the first country it has selected to receive Millennium Development Account (MCA) funding […]