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MONDAY, 15 JULY 2019, 22:20

Africa

Algeria suspends grain agency head in corruption probe – govt sources

Today at 17:19 PM, via Reuters

ALGIERS (Reuters) – Algeria’s government has suspended the head of grains agency OAIC over corruption allegations, sources close to the prime minister’s office said, creating uncertainty for traders who supply one of the world’s biggest cereal importers.

Op-Ed: On corruption: How South Africa’s new leader can replace bold promises with bold action

Today at 16:09 PM, via CNBC Africa

While holding corrupt leaders accountable sends a powerful message, if Ramaphosa’s long-term strategy does not include investments in innovations that lead to prosperity creation, he’s effectively snipping the buds while the roots remain intact.

The post Op-Ed: On corruption: How South Africa’s new leader can replace bold promises with bold action appeared first on CNBC Africa.

Zuma on claims of vilification

Today at 15:43 PM, via CNBC Africa

Former South African president Jacob Zuma finally took the stand today at the Zondo Conmission on State Capture in Johannesburg. His opening speech to the commission was the keynote of the day in which he claimed there was a campaign to vilify him and remove him from ANC structures. CNBC Africa’s Yolanda Mabanga filed this special report.

The post Zuma on claims of vilification appeared first...

Rwanda hopes to achieve 35% urban population by 2024

Today at 15:35 PM, via CNBC Africa

The development of cities in Rwanda is very recent, and the urbanization rate currently stands at around 18.4 per cent and almost half of it is concentrated in Kigali. Despite the low urbanization rate, the annual growth rate of the urban population far exceeds the worldwide average of 1.8 per cent. It’s also above Africa’s urban growth rate of 3.2 per cent. Inhee Chung, Country Director...

Urbanization driving demand for affordable housing in Kenya

Today at 15:33 PM, via CNBC Africa

Urban populations are growing at a rate much faster than can be absorbed and managed, causing demands on services and infrastructure that massively outstrip supply. In Kenya, a new Ksh12 billion residential housing project that seeks to address the shortage of middle income housing in the country was introduced. Chris Coulson, Chief Executive Officer at Mi Vida Homes joins CNBC Africa for...

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