Business

Abuja, 1 June, 2005— The Nigerian government has appointed independent mediators to end a dispute between transnational Royal Dutch/Shell and the local Ogoni community, which forced the oil giant to suspend some of its operations […]

Mbabane, 30 May, 2005— Creating more business opportunities to counter rising unemployment is expected to take centre stage at an upcoming jobs summit in Swaziland. The summit, scheduled to take place in July, follows a […]

Bulawayo, 30 May, 2005— Zimbabwean President Robert Mugabe has endorsed an ongoing crackdown by the police on illegal settlements and the parallel economy in a controversial campaign to clean-up the country’s major towns and cities […]

Dar es Salaam, 30 May, 2005— Rwanda could be admitted to the East African Community (EAC) by the end of this year, according to a directive by the heads of state of Kenya, Tanzania and […]

Harare, 19May, 2005— Reserve Bank governor Gideon Gono announced the devaluation of the Zimbabwean dollar by 31 percent from Zim $6,200 to Zim $9,000 per US $1 in his quarterly review of monetary policy on […]

Johannesburg, 18 May, 2005— The rise of transnational organised crime in Africa has scared off foreign investment and undermines economic progress across the continent, a new United Nations study has found. In a report released […]

Harare, 29 April, 2005— The sudden closure of mines in Zimbabwe five years ago is still having a negative impact on the livelihoods of thousands of former employees. Forty-four year old Sara Muwati was among […]

Washington, 20 April, 2005— The Millennium Challenge Account offers a “new approach” to development, which empowers people at the grassroots level, Madagascar President Marc Ravalomanana told reporters April 19, one day after his government signed […]