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Politics, not economics, is at play... Indonesia wants more trade with Namibia
12 Nov 2014Indonesia, with a GDP of over US$1.3 trillion (N$15 trillion), believes it is inconceivable that its trade with Namibia is only worth N$37 million annually.
The Asian country says...
read moreChifungula keen on mining audit
12 Nov 2014Auditor General Anna Chifungula says the extent of corruption in the mining industry requires serious intervention.
In an interview following a Millennium Development Goals (MDG) ...
read moreEU asks Nigeria to sign trade deal
12 Nov 2014A delegation of the European Union, EU, to Nigeria on Tuesday appealed to the Federal Government to sign the Economic Partnership Agreement (EPA) to enhance the export of Nigerian ...
read moreTake advantage of factoring as trade finance tool, African businesses urged
12 Nov 2014Legislators and regulators should assist African businesses to take advantage of the benefits of factoring as a trade finance instrument by creating enabling environments for the f...
read moreEU-Africa free trade agreement ‘destroys’ development policy, says Merkel advisor
11 Nov 2014German Chancellor Angela Merkel’s Africa Commissioner, Günter Nooke issued harsh criticism of the EU’s joint free trade deal with multiple African countries, claiming the EPA ...
read moreTime to upscale renewable energy
11 Nov 2014It is no longer a secret. The world is fast running out of traditional energy sources such as coal. Furthermore, emissions from these fossil fuels have increased climate warming an...
read moreInaugural Conference on Land Policy in Africa to be held in Addis Ababa
11 Nov 2014The inaugural Conference on Land Policy in Africa (CLPA) will be held from 11 to 14 November 2014, at the African Union Conference Center, in Addis Ababa, Ethiopia. The CLPA 2014 i...
read moreDevelopment billions channelled through tax havens
11 Nov 2014Public institutions providing finance to businesses in developing countries are channelling billions of euros through secretive tax havens, a report published today (4 No...
read moreSitharaman sees hope for trade facilitation in WTO talks
11 Nov 2014Commerce minister makes strong case for food subsidy to poor
India on Sunday exuded confidence that the current impasse over the Trade Facilitation Agreement (TFA) and f...
read moreObama says momentum building on ‘historic’ trans-Pacific trade deal
11 Nov 2014U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the fi...
read moreECOWAS slammed over delay in adoption of single currency
11 Nov 2014Some analysts have slammed the Economic Community of West African States (ECOWAS) for its frequent postponement of the deadline for the adoption of a single currency.
The new dead...
read moreEU says Yes to Kenya biotech food exports
11 Nov 2014
The European Union has rescinded its earlier statement that Kenyan farmers will find it difficult to find market in the EU if the country adopts genetically modified crops.
...
read moreFailed Mozambican deal hits SA firms
10 Nov 2014South African blue-chip companies have ended up on the wrong side of a soured R3.7-billion Mozambican port deal, including Esor Franki and law firm Bowman Gilfillan.
South African...
read moreKenya to sign convention that curbs tax fraud
10 Nov 2014
Kenya plans to pursue individuals who use offshore companies to evade taxes and commit other economic crimes, after the government announced it will endorse an international conv...
read moreWorld Bank supports new actions to improve connectivity of Land-locked Countries
10 Nov 2014Landlocked countries can improve their connectivity by strengthening cooperation with their transit neighbors and other global partners, as well as pursuing specific actions to red...
read moreTreasury seeks reforms to deal with weak economy, low budget spend
10 Nov 2014
Kenya’s rebased economy will not grow as fast as initially projected, a paper tabled by Treasury Secretary Henry Rotich shows.
Instead of the 5.8 per cent growth rate on w...
read moreCommuniqué of Africa Business Initiative Response to Ebola
10 Nov 2014At an historic meeting on 8 November 2014, the African Union together with African Development Bank, the United Nations Economic Commission for Africa and leading businesses in Afr...
read moreExports of poorest countries rebounded in 2013 but their trade share remains marginal
09 Nov 2014The exports of goods and commercial services from least developed countries (LDCs) increased by 5.2% last year but the total share of LDCs in world trade remains marginal, the LDC ...
read moreNew global tourism initiative to ‘steer industry onto a truly sustainable path’ – UN
09 Nov 2014Tourism is one of the largest and fastest-growing economic sectors in the world contributing 9 per cent to global GDP, accounting for one in 11 jobs worldwide and for 6 per cent of...
read moreIFC launches $450 million initiative to spur private sector trade and investment in Ebola-affected countries
09 Nov 2014IFC, a member of the World Bank Group, on 5 November 2014 announced a package of at least $450 million in commercial financing that will enable trade, investment, and employment in...
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