Business

National Treasury on local government revenue and expenditure report for the third quarter of the 2020/21 financial year

National Treasury has released the local government revenue and expenditure report for the third quarter of the 2020/21 financial year. This report covers the...

Free State Economic, Small Business Development, Tourism and Environmental Affairs on deadline for Industrialization Support Incentive

DESTEA extends Industrialization Support Incentive deadline On May 28, 2021, MEC Makalo Mohale launched the Industrialization Support Incentives aimed at assisting industrialists in the Free...

Zambia: African Development Bank approves $1.4 million grant to improve household food security in the wake of Covid-19

The Board of Directors of the African Development Bank has approved a $1.4 million grant from the Global Agriculture and Food Security Program to...

The World Bank Group supports recovery and resilience of Rwanda’s COVID-19-affected businesses

WASHINGTON—The World Bank Group today approved $150 million from the International Development Association (IDA)* to help the Government of Rwanda increase access to finance...

Syrian Refugees in Somalia Enrich Culture, Contribute to Economy

Since the war in Syria broke out a decade ago, refugees have fled to countries in the Middle East and Europe as well as...

Turning to sustainable global business: 5 things to know about the circular economy

Due to the ever-increasing demands of the global economy, the resources of the planet are being used up at an alarming rate and waste...

Mozambique: World Bank Approves $150 Million to Improve Incomes and Resilience in the Rural Economy [EN/PT]

WASHINGTON, June 9, 2021 --- To improve the incomes and resilience of communities in rural areas, the World Bank approved today a $150 million grant from the International Development Association (IDA)* in support of the first phase of Mozambique's Sus...

MEC Vusi Mkhatshwa tables Mpumalanga Treasury Prov Budget Vote 2021/22, 11 Jun

The MEC for Finance, Economic Development and Tourism, Mr Vusi Mkhatshwa will, on Friday, 11 June 2021 table the Policy and Budget for the Provincial Treasury for the current fiscal year.The MEC is expected to outline the spending plans for the R481 mi...

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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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SoDMA Director visits Jawiil district, delivers aid to displaced people

A high-level delegation led by Mr. Mahmoud Ma'allim Abdulle, the Director of the Somali National Disaster Management Agency (SoDMA), visited the district of Jawiil in the Hiran region on Sunday, October 15, 2023. The delegation, which also include...

Sahel Region Leaders Show Solidarity with Burkina Faso After Barsalgho Terrorist Attack

OUAGADOUGOU — In a strong display of regional unity, emissaries from Niger and Mali met with Captain Ibrahim Traoré, the President of Faso, to express their condolences and solidarity after the recent terrorist attack in Barsalgho. According to Burk...

Ethiopia: Agriculture Cluster – SNNP Gap Analysis (July 2021)

IPC Situational Overview Jan- June 2021: In total 12.9 million...