ECONOMY Archives - Page 16 of 20

Falling Oil Prices Threaten Fragile African Economies // Baisse Prix Pétrole Menacent La Fragile Economies

Jide AdesinaDecember 24, 2014December 24, 2014

by Jide AdesinaDecember 24, 2014December 24, 20140870

The sharp decline in world petroleum prices – hailed as a bonanza to millions of motorists in the United States – is threatening to undermine...

ECONOMY

Zim Dollar Is Suicidal To Zimbabwe Economy // ZIM Dollar Est Suicidaire Pour L’économie Du Zimbabwe

Jide AdesinaDecember 23, 2014

by Jide AdesinaDecember 23, 20140813

THE Reserve Bank of Zimbabwe on December 5 unveiled a set of new bonded coins worth $10 million, which as started circulating on December 18,...

ECONOMY

Tata Chemicals Expects Profits From Britain, Kenya Plants // Tata Chemicals Attend Des Bénéfices Provenant De Grande-Bretagne, Kenya Plantes

Jide AdesinaDecember 21, 2014December 21, 2014

by Jide AdesinaDecember 21, 2014December 21, 20140706

Following the restructuring of its plants in Britain and Kenya, Tata Chemicals Limited (TCL) is hoping to generate profits from its plants in Kenya this...

ECONOMY

Egypt Set To Pass Mining, Industrial Land Laws // Jeu D’Egypte Passer Minier, Lois Foncières Industrielles

Jide AdesinaDecember 17, 2014

by Jide AdesinaDecember 17, 20140689

Egypt will pass laws next week related to mining and the allocation of industrial land as it pursues reforms to attract foreign investors deterred by...

ECONOMY

Pura Vida Set For $US136m Oil Drill in Morocco // Pura Vida Néc $US136m Huile Perceuse Au Maroc

Jide AdesinaDecember 15, 2014

by Jide AdesinaDecember 15, 20140710

Pura Vida Energy has secured a better shot at making a 1.4 billion barrel oil strike in its Mazagan permit off the coast of Morocco...

ECONOMY

World-Class Gold-Copper Deposit Makeover // Relooking De Calibre Mondial Gisement D’or-Cuivre

Jide AdesinaDecember 13, 2014

by Jide AdesinaDecember 13, 20140733

Newcrest and Harmony have gone back to the drawing board on Wafi-Golpu. Results come Monday. Author: Kip Keen Monday could be a day of redemption...

ECONOMY

World Bank Unveils 160 Mln USD Grant For Sierra Leone // La Banque Mondiale Dévoile 160 Millions USD De Subvention Pour La Sierra Leone

Jide AdesinaDecember 4, 2014

by Jide AdesinaDecember 4, 20140686

World Bank President Jim Yong Kim Wednesday announced a grant of 160 million U.S. dollars to support the fight against the Ebola disease...

ECONOMY

Ghana Teams Up With UN-Backed Alliance In Move Towards Cashless Economy // Ghana Fait Equipe Avec Alliance Soutenue Par L’ONU Dans L’évolution Vers Une Economie Sans Argent

Jide AdesinaDecember 2, 2014

by Jide AdesinaDecember 2, 20140738

The Government of Ghana today took steps towards enhancing fiscal transparency and promoting the financial inclusion of its citizens by committing to a United Nations-backed...

ECONOMY

Mrs. Diezani Alison-Madueke CON, Minister of Petroleum Resources of Nigeria ,Elected OPEC President for One Year // Mme Diezani Alison-Kévin CON, Ministre Des Ressources Pétrolières Du Nigeria, Elu Président De L’OPEP Pour Un An

Jide AdesinaNovember 28, 2014

by Jide AdesinaNovember 28, 20140902

The 166th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 27th November 2014...

ECONOMY

Nigeria Lifts Rate First Time in 3 Years, Devalues Naira // Nigeria Ascenseurs Tarif Première Fois En 3 Ans, Dévalue Naira

Jide AdesinaNovember 26, 2014

by Jide AdesinaNovember 26, 20140820

Nigeria’s lifting of its interest rate for the first time in three years, and simultaneouscurrency devaluation, may stave off more drastic action in the three...

ECONOMY

Morocco King To Visit China For Better Ties // Roi Du Maroc Pour Une Visite En Chine Pour Les Traverses De Mieux

Jide AdesinaNovember 25, 2014

by Jide AdesinaNovember 25, 20140818

King Mohammed VI of Morocco will pay an official visit to the China on November 27 at the invitation of Chinese President Xi Jinping, the...

ECONOMY

BHP Targets Further Spending Cuts As Iron Ore, Oil Prices Tumble // BHP Cibles De Réductions De Dépenses Supplémentaires Dans Le Minerai De Fer, Les Prix Du Pétrole Tumble

Jide AdesinaNovember 24, 2014

by Jide AdesinaNovember 24, 20140735

BHP Billiton Ltd., the world’s biggest mining company, plans to take a scalpel to capital spending and costs to bolster cashflows as iron ore and...

ECONOMY

Auroch Minerals Looks To Improve Gold Recoveries At Project In Mozambique // Auroch Minéraux Semble Améliorer Or Recouvrements Au Projet Au Mozambique

Jide AdesinaNovember 19, 2014November 19, 2014

by Jide AdesinaNovember 19, 2014November 19, 20140756

Auroch Minerals (ASX:AOU) has progressed a metallurgical test program on the Fair Bride sulphide orebody at its Manica project in Mozambique that achieved primary...

ECONOMY

Dangote Says Nigeria Lagos Refinery To Start By Mid-2018 // Dangote Dit Raffinerie Lagos Nigéria d’abord mi-2018

Jide AdesinaNovember 18, 2014November 18, 2014

by Jide AdesinaNovember 18, 2014November 18, 20140710

Dangote Group, controlled by Africa’s richest man, expects an oil refinery it is building in...

ECONOMY

IMF Projects Niger Economic Growth To rebound to 6.5 percent in 2014 // Niger Projets FMI Croissance Economique Pour Rebondir A 6,5% En 2014

Jide AdesinaNovember 10, 2014November 10, 2014

by Jide AdesinaNovember 10, 2014November 10, 20140760

“Niger’s overall macroeconomic performance has been generally satisfactory. Economic growth slowed to 4.1 percent in 2013 largely due to the adverse climatic conditions on agricultural...

ECONOMY

Guinea-Bissau On Rapid Credit Facility From IMF , US$5.4Million Approved // Guinée-Bissau Sur Installation Rapide Du Crédit Du FMI, 4millions De Dollars Approuvé

Jide AdesinaNovember 5, 2014

by Jide AdesinaNovember 5, 20140764

IMF Executive Board Approves US$5.4 million Disbursement Under the Rapid Credit Facility for Guinea-Bissau The Executive Board of the International Monetary Fund (IMF) approved today...

ECONOMY

Nigeria Oil Workers Unions Threaten Strike Action Over Victimization Of Leaders // Nigeria Huile Syndicats Menacent De Grève Sur La Victimisation Des Dirigeants

Jide AdesinaNovember 3, 2014

by Jide AdesinaNovember 3, 20140751

Oil workers under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association...

ECONOMY

South Sudan Famine Temporarily Averted, But Risks Remain – U.N.

Jide AdesinaOctober 31, 2014

by Jide AdesinaOctober 31, 20140740

By Drazen Jorgic Aid and some small harvests have helped stave off a feared famine in South Sudan, but any more fighting there could...

ECONOMY

IMF Praises Uganda’s PFM Reforms // IMF Fait L’éloge Des Réformes De L’Ouganda PFM

Jide AdesinaOctober 29, 2014

by Jide AdesinaOctober 29, 20140856

Recent improvements in public financial management in Uganda are expected to boost revenue collection and the quality of government investments in projects, the International Monetary...

ECONOMY

THE IMPACT OF THE GLOBAL FINANCIAL CRISIS ON BANKING GLOBALIZATION //L’IMPACT DE LA CRISE FINANCIÈRE MONDIALE SUR LA MONDIALISATION DES SERVICES BANCAIRES

Jide AdesinaOctober 28, 2014

by Jide AdesinaOctober 28, 20140738

Global banking in resent years have gone down a little bit while cross-border bank lending has fallen sharply since the crisis, extending our bank ownership...

Newsletter