Business

Lusaka, 23 June, 2004— Zambia is set to boost export earnings from hydropower generation once a new US $12 million power transmission line to neighbouring Namibia is completed by next year, according to news reports. […]

Washington, 15 June, 2004— Federal Reserve Chairman Alan Greenspan says that the U.S. central bank continues to seek ways to prepare for possible threats to the economy, including another terrorist attack. Greenspan, nominated by President […]

Sea Island, Georgia, 8 June, 2004— The world’s major industrialized countries have agreed on plans to make international travel, especially air travel, more secure, senior Bush administration officials say. Briefing reporters on the opening day […]

Dakar, 4 June, 2004— Gyude Bryant, the Chairman of Liberia’s transitional government has pleaded to the UN Security Council to lift an embargo on diamond and timber exports to help the struggling company rebuild its […]

Lagos, 31 May, 2004— President Olusegun Obasanjo, accused by opposition parties of rigging last year’s elections to remain in power for a second term, has offered to resign if that would persuade Western governments to […]

Kampala, 25 May, 2004— African economies grew by 3.7 percent on average last year, far below economic expansion rates needed to enable the continent to meet the UN’s aim of halving the number of people […]

Kampala, 26 May, 2004— African Development Bank (ADB) has announced a grant and loan package of US $80.18 million to support recovery programmes in the Democratic Republic of the Congo (DRC) to target the educational, […]

Kampala, 21 May, 2004— The UN Economic Commission for Africa (ECA) said on Friday that poverty levels on the continent had increased by 43 percent over the last 10 years, with women making up to […]