Business

Ukraine Crisis: Will African Oil Producers Take Advantage of Increasing Oil Prices?

Russia's invasion of Ukraine, and the sanctions that followed, has pushed the price of oil to over $100 per barrel, the highest level in eight years. But, it's also opened an opportunity for African oil producers like Nigeria, Angola, Libya, and Algeri...

Minister Ebrahim Patel briefs media on fourth South African Investment Conference, 28 Feb

The fourth South African Investment Conference press briefingPreparations for the fourth South African Investment Conference (SAIC) scheduled for Johannesburg on 24 March 2022 have commenced. Accordingly, the Minister of Trade, Industry and Competition...

Government Communications invites media to apply for South Africa Investment Conference accreditation

Media Accreditation for the Fourth South Africa Investment Conference (SAIC)South Africa will host its fourth South Africa Investment Conference (SAIC) on 24 March 2022 at the Sandton Convention Centre in Johannesburg. The conference is part of our inv...

Niger: EU announces €43 million in humanitarian aid as Commissioner Lenar?i? visits the country

Commissioner for Crisis Management, Janez Lenarcic, is visiting Niger today to assess humanitarian needs in the country as it faces a deteriorating security situation as well as an unprecedented food and nutrition crisis due to impacts of climate chang...

Minister Patricia De Lille and Dr Kgosientsho Ramokgopa on Economic Reconstruction and Recovery Plan (ERRP)

Statement by Minister of Public Works and Infrastructure, Patricia De Lille and Head of Infrastructure South Africa, Dr Kgosientsho RamokgopaInfrastructure Investment Plan projects in full swing reviving construction sector and creating much needed job...

Minister Nathi Mthethwa pays tribute to Archbishop Desmond Tutu, 22 Feb

Minister Mthethwa pays tribute to Archbishop Desmond Tutu, a beacon of reconciliationSport, Arts and Culture, Minister Nathi Mthethwa will on Tuesday, 22 February 2022 host a memorial lecture in honour of Archbishop Desmond Tutu, a true humanitarian an...

North West Committee on Economic Development, Environment and Tourism meets Department on their 2022/23 Annual Performance Plans, 22 Feb

North West Committee on Economic Development, Environment and Tourism to meet Department on their 2022/23 Annual Performance PlansThe North West Provincial Legislature's Portfolio Committee on Economic Development, Environment, Tourism, Agriculture &am...

Israel’s economy minister visits Morocco to cement trade ties

RABAT– An Israeli minister arrived in Morocco on Sunday for a visit aimed at developing economic and trade ties, in the latest sign of expanding cooperation after the countries normalised relations in 2020. Economy Minister Orna Barbivai is due to s...

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Repo Rate Remains Unchanged at 6.75 Percent: Bank of Namibia’s Decision to Safeguard Currency Peg

Windhoek: The Bank of Namibia (BoN) has maintained the repo rate at 6.75 percent for the next two months. The central bank announced this decision on Wednesday, stating that the unchanged rate aims to sustain the peg between the Namibian Dollar and th...
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Ethiopia and Kenya Sign Memorandum to Boost Border Trade

Addis Ababa: Ethiopia and Kenya have signed an implementation memorandum of agreement to facilitate trade relations between the two countries and ensure that people living in the border area can access essential daily commodities without any supply di...

Value Addition on Rice Key to Boosting Income and Nutrition in Kenya

Nairobi: Paddy rice production in Kenya has doubled over the past six years, increasing from 116,000 metric tons in 2018 to 244,000 metric tons in 2023. However, the national rice self-sufficiency rate remains below 20 percent, indicating a continued ...

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Aussenkehr, Rosh Pinah, Oranjemund main road to be closed

The Roads Authority (RA) has announced the impending closure of District Road 212 (DR212 - Aussenkehr to Rosh Pinah) and Main Road 118 (MR 118 - Rosh Pinah to Oranjemund) respectively.In a notice on Wednesday, the RA said South Africa is currently exp...

At least 10 dead in a series of explosions of coal mines in Colombia

A powerful explosion tore through a series of five coal mines interconnected by tunnels and ventilation systems in a rural area of central Colombia, killing at least 11 people and leaving 10 others missing, the government said Wednesday. Nine other mi...

Boundaries Commission Advises Against Creation of New Regions

Windhoek: The Boundaries Delimitation and Demarcation Commission has advised against the establishment of new regions in its final report submitted to President Nangolo Mbumba on Tuesday. Receiving the report from the commission's chairperson, Petrus ...