ANC treasurer-general Gwen Ramakgopa says the middle class must appreciate the governing party’s efforts to grow the economy, and show this appreciation by donating towards its election campaign.
The United States and Russia are locked in a race against China, France, and South Korea to build the first nuclear power plant in Ghana. The West African country is among several nations on the continent looking to nuclear power as a low carbon source of energy as they seek to broaden access to electricity.… Read More »Ghana has to Choose between Large-scale Nuclear Power Plants to Small...
The $20.5 billion Dangote refinery, owned by Africa’s richest man, has a processing capacity of 650,000 barrels per day. The refinery, which finally began production in January after facing years of delay, outshines Europe’s largest refinery, the Pernis Refinery, with its installed capacity of 404,000 barrels per day (bpd). Additionally, the GOI Energy ISAB Refinery… Read More »A...
Authorities are isolating exchange rates to putting barriers on imports and immobilising foreign currencies, but in the long run, they are bound by market forces. “Currency is based on the law of supply and demand: there is no miracle cure,” says French economist Bruno Cabrillac. He says this against the backdrop of many African countries… Read More »African Countries are Using a...
The Kenyan government has confirmed that it will be maintaining its 1.5% digital service tax on multinational tech giants, despite pressure from the Organisation for Economic Cooperation and Development (OECD) to join its global minimum tax initiative. Kenya’s digital service tax came into effect in January 2021, with the government opting for a low-tax regime… Read More »Nairobi’s...
The Manufacturing Association of Nigeria (MAN) revealed that about 767 manufacturing companies shut down operations while 335 experienced distress in 2023. Even the multinationals are not left out. Last year, about five multinationals left the country. Meanwhile, the businesses and companies that endured are left grappling with ongoing losses. Last year, 7 Nigerian companies lost… Read More...
Efforts are part of a years-long push to transform the largely agrarian economy through subsidizing manufacturers of planes, trains, and automobiles. Officials hope it dovetails with efforts to grow Moroccan airlines, including the state-owned Royal Air Maroc. The French engine manufacturer is among the 130 aerospace companies active in Morocco, where parts ranging from wings… Read More...
A little-known company run by a distant relative of the Abu Dhabi royal family agreed to lend $12.9 billion to South Sudan in exchange for repayment in oil, making it one of the largest ever oil-for-cash deals and the latest such intervention in a struggling African country. According to an unpublished report by a United… Read More »A Loan from an UAE Company May Tie Up most of South...
A campaign against high prices, which began in the major cities of Port Said and Alexandria, has spread elsewhere under the slogan “let it rot”. The protest began online weeks ago, sparked by the ongoing price hikes of almost all goods. President Abdul Fattah al-Sisi has previously advised consumers to boycott products that become unaffordable as… Read More »Boycott Forces Fishmongers...
With one month to go, the Electoral Commission (IEC) is in the final stretch of preparations for the seventh democratic elections, which are believed to be the most contested in the history of the country.
South Africans will go to the polls on 29 May 2024 to the elect the leadership for the seventh administration out of the 70 political...
Government activities for the week 29 April – 03 May 2024
On Monday, 29 April, the Minister of Higher Education, Science and Innovation, Dr Blade Nzimande, will hand over a media laboratory to Naledi Primary School in Ottosdal, Ngaka Molema Modiri District, in the North West province.
On Monday, 29 April, Eastern Cape Premier, Lubabalo Oscar Mabuyane, together with the Rural...
Three blue light gang suspects who were allegedly terrorising motorists on the N3 freeway were shot dead by a multidisciplinary team of law enforcement officials on Sunday.
According to the South African Police Service (SAPS), this is after information about the gang, which allegedly committed blue light robberies on the N3 between Villiers and...
Health urges public to get the flu vaccine as flu season hits
The National Department of Health has urged the public to take extra precautionary measures to protect themselves and their loved ones against respiratory infections, which are expected to increase over the winter season.
According to the department, the respiratory syncytial virus (RSV) is currently at peak circulation...