Eskom dismisses bankruptcy claims // Eskom Rejette Les Revendications De La Faillite
Eskom forked out billions of rand to buy diesel to boost the grid(SABC Eskom has dismissed having any knowledge of reports that it is broke....
Category : ECONOMY
Chinese Mining Firms Will Not Halt Operations in Zambia // Entreprises minières chinoises n’arrêtera pas les opérations en Zambie
Chinese Ambassador to Zambia Yang Youming said on Friday that Chinese firms operating in Zambia will not halt their operations following the change of the...
THE AFRIKA MARKET EDITORIAL PANORAMA OF 2014 // LE PANORAMA ÉDITORIAL DE MARCHÉ AFRIKA DE 2014
The year 2014 for Sub-Saharan Africa did not have a particularly good year. There were internal conflicts in South Sudan, and Central African Republic. Nigeria’s...
China Willing To Elevate Ties With Zimbabwe To Higher Level // La Chine Prête à Elever Ses Liens Avec Le Zimbabwe Au Niveau Supérieur
Zimbabwe’s President Robert Mugabe is seen with Vice Presidents Phelekezela Mphoko (R) and newly-sworn in Emmerson Mnangagwa (L) at the State House in Harare, China...
Employment Remains High In Africa Despite Economic Growth // L’emploi Reste Elevé En Afrique Malgré La Croissance Economique
Workers at the Merkato in Addis Ababa, Ethiopia. The Merkato is one of the largest open-air markets in Africa.Ilia Torlin / Shutterstock.com Written by...
Egypt And The Double-Edged Sword Of Cheap Oil // L’Égypte Et L’épée à Double Tranchant De Pétrole Bon Marché
The good news for Egypt: Inexpensive oil means the government needs to spend less on its fuel subsidies for its energy-hungry population of 86 million...
Falling Oil Prices Threaten Fragile African Economies // Baisse Prix Pétrole Menacent La Fragile Economies
The sharp decline in world petroleum prices – hailed as a bonanza to millions of motorists in the United States – is threatening to undermine...
Zim Dollar Is Suicidal To Zimbabwe Economy // ZIM Dollar Est Suicidaire Pour L’économie Du Zimbabwe
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,...
Tata Chemicals Expects Profits From Britain, Kenya Plants // Tata Chemicals Attend Des Bénéfices Provenant De Grande-Bretagne, Kenya Plantes
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...
Egypt Set To Pass Mining, Industrial Land Laws // Jeu D’Egypte Passer Minier, Lois Foncières Industrielles
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...
Pura Vida Set For $US136m Oil Drill in Morocco // Pura Vida Néc $US136m Huile Perceuse Au Maroc
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...
World-Class Gold-Copper Deposit Makeover // Relooking De Calibre Mondial Gisement D’or-Cuivre
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...
World Bank Unveils 160 Mln USD Grant For Sierra Leone // La Banque Mondiale Dévoile 160 Millions USD De Subvention Pour La Sierra Leone
World Bank President Jim Yong Kim Wednesday announced a grant of 160 million U.S. dollars to support the fight against the Ebola disease...
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
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...
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
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...
Nigeria Lifts Rate First Time in 3 Years, Devalues Naira // Nigeria Ascenseurs Tarif Première Fois En 3 Ans, Dévalue Naira
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...
Morocco King To Visit China For Better Ties // Roi Du Maroc Pour Une Visite En Chine Pour Les Traverses De Mieux
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...
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
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...
Auroch Minerals Looks To Improve Gold Recoveries At Project In Mozambique // Auroch Minéraux Semble Améliorer Or Recouvrements Au Projet Au Mozambique
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...
Dangote Says Nigeria Lagos Refinery To Start By Mid-2018 // Dangote Dit Raffinerie Lagos Nigéria d’abord mi-2018
Dangote Group, controlled by Africa’s richest man, expects an oil refinery it is building in...