ECONOMY Archives - Page 8 of 23

Experts Warn That Regulatory Constraints Are Hindering Ethiopia’s Economic Growth Amidst Reform Efforts

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 20240112

Experts have raised concerns that existing laws and regulations in Ethiopia are obstructing the country’s pursuit of economic growth. Among the regulations cited are those...

EMMA LOUISE POWELL: Prioritizing South Africa’s National Interests A Review of the BRICS Summit

Eniola OladeleOctober 30, 2024

by Eniola OladeleOctober 30, 20240177

As SA enters the era of coalition politics, the government of national unity (GNU) must unite in developing a strategic, coherent and consistent foreign policy...

ECONOMY STOCK MARKET

Oil Gas Exploration in Somalia Game Changer Energy Minister

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 20240152

Turkish research vessel Oruç Reis last week arrived in Somalia to conduct seismic surveys for oil and natural gas. Speaking at the welcoming ceremony at...

BUSINESS ECONOMY

China’s Next-Gen Factory Owners Turn to Digital Solutions to Overcome Economic Challenges

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 20240109

China’s second-generation factory owners are adapting to significant economic challenges by embracing digital solutions to modernize and sustain their family businesses. As traditional manufacturing faces...

Africa ECONOMY

South Sudan Farmers Face Crippling Fuel Shortages and Bird Infestations Amid Economic Crisis

Eniola OladeleOctober 29, 2024

by Eniola OladeleOctober 29, 20240152

JUBA Farmers in South Sudan’s Ruweng Administrative Area (RAA) are facing a double whammy of fuel shortages and destructive bird attacks, threatening their livelihoods and...

Africa ECONOMY

Rising Tensions Signal Potential for New Conflict in Africa

Eniola OladeleOctober 28, 2024

by Eniola OladeleOctober 28, 20240170

In recent months, growing tensions across parts of Africa have sparked concerns about the potential for new conflicts in a region already dealing with significant...

Africa ECONOMY POLITICS

Examining the Moral Implications of Compensating Zimbabwean Farmers Displaced by Land Reforms

Eniola OladeleOctober 25, 2024

by Eniola OladeleOctober 25, 20240120

The issue of compensating white Zimbabwean farmers who lost land during the country’s controversial land reform program continues to spark debate. While the Zimbabwean government...

Africa ECONOMY International News

Xiaoshan District in Hangzhou Accelerates High-Quality Development Amid Modernization Efforts

Eniola OladeleOctober 25, 2024

by Eniola OladeleOctober 25, 20240138

Xiaoshan District in Hangzhou of east China’s Zhejiang Province has been constantly fostering industrial development and urbanization by focusing on innovation and cultivating new quality productive forces in recent...

Africa ECONOMY

BRICS Creates New Opportunities for Africa

Eniola OladeleOctober 24, 2024October 25, 2024

by Eniola OladeleOctober 24, 2024October 25, 20240126

At the ongoing BRICS Summit in Kazan, Russia, the leaders of BRICS member states are focusing on strengthening strategic partnerships and enhancing the grouping’s role in...

Africa ECONOMY International News

Experts Make Progress on Upcoming 11th Edition of Assessing Regional Integration in Africa (ARIA XI)

Eniola OladeleOctober 24, 2024

by Eniola OladeleOctober 24, 20240134

Addis Ababa, Ethiopia The United Nations Economic Commission for Africa (ECA), in partnership with the African Union Commission (AUC), and the African Development Bank (AfDB)...

Africa ECONOMY

Ethiopia Plans Tight Monetary Policy Following Currency Reform

Eniola OladeleOctober 24, 2024

by Eniola OladeleOctober 24, 20240196

Ethiopia will keep interest rates high for the rest of the year to combat transitory inflation caused by an overhaul of its foreign exchange policy,...

Africa ECONOMY

Southern Africa Emerges as Leading Hub for Imports and Exports in African Trade Barometer

Eniola OladeleOctober 22, 2024

by Eniola OladeleOctober 22, 20240167

Southern Africa has solidified its position as a top hub for imports and exports, according to the latest African Trade Barometer report. The region, which...

Africa ECONOMY

NUMSA Livid Over Unpaid Primary Healthcare Benefits for Bus Sector Workers

Eniola OladeleOctober 17, 2024

by Eniola OladeleOctober 17, 20240182

The National Union of Metalworkers of South Africa (NUMSA) is up in arms over the alleged non-payment of primary healthcare benefits for workers in the...

ECONOMY Education

Ethiopia’s Economic Overview: Focus on Progress in Education and Health Sectors

Eniola OladeleOctober 16, 2024

by Eniola OladeleOctober 16, 20240230

Ethiopia, one of Africa’s fastest-growing economies, has made significant strides in various sectors over the past decade, with education and health being critical areas of...

Africa ECONOMY

Kenya Moves to Regulate Cryptocurrency Amid Concerns Over Money Laundering and Terrorism Financing

Eniola OladeleOctober 15, 2024

by Eniola OladeleOctober 15, 20240170

Kenya is actively working on cryptocurrency regulation as the government seeks to address the growing use of digital assets in the country. Despite being ranked...

Africa ECONOMY

Cairo and Moscow Agree on Wheat Supply Deal Extending to April 2025

Eniola OladeleOctober 14, 2024

by Eniola OladeleOctober 14, 20240211

Cairo and Moscow have recently formalized a significant agreement regarding the supply of wheat, extending their cooperation until April 2025. This strategic partnership comes at...

Africa ECONOMY

Uganda, CAR Road Project to Connect South Sudan with Central and East Africa, Enhancing Regional Trade and Connectivity

Eniola OladeleOctober 11, 2024

by Eniola OladeleOctober 11, 20240187

The governments of Uganda and the Central African Republic (CAR) have launched an ambitious road project aimed at linking South Sudan with Central and East...

Africa ECONOMY

Zambia to Acquire Mining Permits Following Nationwide Mapping Exercise

Eniola OladeleOctober 10, 2024

by Eniola OladeleOctober 10, 20240147

Zambia is set to gain control over several mining permits as part of a comprehensive national mapping exercise aimed at restructuring the country’s mineral resource...

Africa ECONOMY

Egypt’s Prime Minister Warns of a Shift to “War Economy” If Regional Conflict Erupts

Eniola OladeleOctober 10, 2024October 10, 2024

by Eniola OladeleOctober 10, 2024October 10, 20240214

Egypt’s Prime Minister, Mostafa Madbouly, has issued a stark warning that the country may be forced to adopt a “war economy” if a regional conflict...

Africa ECONOMY

The Horn Of Africa States: The Teetering Ethiopian Economy – OpEd

Eniola OladeleOctober 8, 2024

by Eniola OladeleOctober 8, 20240191

Ethiopia stepped into a destructive path in 2020 when it started a war with itself. Inter-state wars are often reported to negatively affect economic growth...