Business

Washington, 14 April, 2005— Without accelerated efforts by all countries to reduce global poverty and spur economic growth, the poverty reduction goals agreed to at the United Nations in 2000 ”will be seriously jeopardized, especially […]

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 […]