[RFI] The French government is stepping up efforts to strengthen ties with the African continent in the run-up to a key business forum at the end of the month. Africa’s leading European trading partner wants a win-win cooperation without historical baggage.
[Daily Trust] The World Bank Doing Business (DB) team has announced Nigeria as one of the top-20 improvers in doing business out of 190 countries.
[New Times] A few days ago, Daniel Kalisa, a university student, spent more than one hour at a bank’s entrance together with others waiting for the bank to open.
EXCEPT FOR the glow of a mobile phone behind the watermelons, the fruit-and-vegetable shop on a busy Cairo street looks deserted. The owner says his wares are 25% more expensive than last summer. As prices rise, buyers skimp: regulars who used to buy a kilogram of fruit now settle for half
[The Herald] Government will repeal the Indigenisation and Economic Empowerment Act as it moves to enhance the attractiveness of the minerals sector to foreign direct investment (FDI).
[SAnews.gov.za] The South African Reserve Bank (SARB) says it has been made aware of the assertions made by Africapacity of its intention to buy VBS Mutual Bank (VBS) or part of it.
[Nyasa Times] Reserve Bank of Malawi (RBM) has announced that it has maintained the policy rate–also known as the bank rate–at 13.5 percent and that the country’s economy is expected to grow by 5% this year, up from 4% the previous year.
[New Zimbabwe] President Emmerson Mnangagwa’s government has renewed its bid to mend long lost relations with colonial master Britain with Foreign Affairs Minister Sibusiso Moyo set to engage officials in attempts to unlock foreign investment into Zimbabwe.
[allAfrica] Cape Town -Fired Old Mutual CEO Peter Moyo has filed papers in the South Gauteng High Court against his former employer who first suspended, then dismissed him on June 18, 2019. He is also filing an interdict against the company to stop his position being filled until the court proceedings had been finalized.
IN ZIMBABWE “SODOMY” can land you in prison for a year. In Zambia “carnal knowledge against the order of nature” could mean seven or more years behind bars. Uganda passed a law in 2013 punishing gay acts with life imprisonment, though a court later struck it down