Business

New York, 7 October– The United Nations Global Compact for international businesses seeks solutions to societal problems, while ensuring that markets remain open and globalization works for everyone, Secretary-General Kofi Annan said today. Mr. Annan, […]

Harare, 7 October– Three children on their way from school splash dirty water flowing from a burst sewer pipe at each other, while further down the road a man holds his nose as he passes […]

Bulawayo, 6 October– Economists warned of fresh shortages of basic commodities and an expanding parallel market as the Zimbabwean government announced plans for new price controls across all sectors of production, to take effect within […]

Lagos, 6 October– Labour unions led by the Nigeria Labour Congress (NLC) have called a general strike to press President Olusegun Obasanjo’s government to reverse recent deregulation of fuel prices, which has caused the prices […]

Abidjan, 3 October– Cocoa production in Cote d’Ivoire, the world’s leading producer, is expected to decline by six to seven percent this year as a result of the country’s one-year political crisis, the Ivorian Cocoa […]

New York, 2 October– The United Nations Conference on Trade and Development (UNCTAD), in its annual world economic forecast released today, challenged industrialized countries struggling to get out of a slump to coordinate growth policies, […]

Lagos, 2 October– President Olusegun Obasanjo’s government chose the 43rd anniversary of Nigeria’s independence to surreptitiously raise fuel prices, prompting threats of crippling general strikes from the country’s labour unions. Before Wednesday’s price rises, long […]

Johannesburg, 30 September– The International Monetary Fund (IMF) staff team in Malawi has recommended that the body’s executive board, which meets in late October, authorise the resumption of aid disbursements to the country. IMF Resident […]