Economy
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Economy
Revamped border posts clear Malawi trade barriers World Bank
Date:Apr 11, 2024
The introduction of One-Stop Border Posts (OSBPs) in Malawi has had an auspicious effect on the Southern African country’s trade and economy, the World Bank says.
ACSA intervenes to avert jet fuel shortages at OR Tambo Airport
Date:Apr 11, 2024
Airports Company South Africa (ACSA) has confirmed its participation in the ongoing discussions to avert the impact of the looming fuel shortages on its OR Tambo International Airport operations.
Zimbabwe informal traders ditch 'worthless' Zim Dollar before new currency debuts
Date:Apr 10, 2024
Zimbabwean informal traders are refusing to accept the local Dollar for fear it will be worthless in a few weeks when the government's new gold-backed currency enters circulation at the end of April.
Indian firm denies SA mass fish deaths linked to chemical spillage
Date:Apr 10, 2024
United Phosphorus Limited (UPL), an India-based agrochemical firm, has suggested that the mass fish deaths along the Umhlanga coastline may be attributed to sewage contamination rather than chemical spillage from their warehouse.
Russian court rejects Google's appeal against $50m fine over Ukraine content
Date:Apr 10, 2024
A Russian court said it had rejected an appeal by Alphabet's Google against a $49.4 million fine, imposed for failing to delete what Russia considers to be fake information about the war in Ukraine.
SA loadshedding schedule remains suspended
Date:Apr 11, 2024
South Africa’s power utility, Eskom, has announced that load shedding will remain suspended until further notice.
SA farmers get helping hand
Date:Apr 10, 2024
South Africa's Mpumalanga province's maize farmers are set to receive a substantial boost from a newly announced grain milling initiative.
Zambia authorities arrest 77 individuals, including 22 Chinese nationals on fraud charges
Date:Apr 10, 2024
The Drug Enforcement Commission (DEC) of Zambia spearheaded a co-ordinated raid on a Chinese-operated firm suspected of conducting a complex internet fraud operation.
Fitch downgrades outlook on China to negative on growth risks
Date:Apr 10, 2024
Ratings agency Fitch revised its outlook on China’s sovereign credit rating to negative on Tuesday, citing risks to public finances as the economy faced increasing uncertainty in its shift to new growth models.
EU gives coffee exporter Uganda $43m to comply with policy
Date:Apr 10, 2024
The European Union (EU) has awarded a $43 million grant to Uganda, the continent's top coffee producer.
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