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Egyptian stocks drop sharply on back of Sinai incidents

Egyptian stocks dropped by nearly 3% on Sunday, the first day of the new five-day trading week in the North African country, on the back 
Africa

US supports rural roads construction in Pemba Island, Zanzibar

Zanzibar First Vice President Seif Sharif Hamad and the US Ambassador to Tanzania, Alfonso E. Lenhardt, Thursday witnessed
Africa

Cape Verdian trade balance worsens by 23% in second quarter of 2011

The Cape Verdian trade balance worsened by 23 per cent in the second quarter of this year compared to the first quarter, official 
Africa

Devalued Tanzania shilling sparks hike in fuel prices

Motorists in Tanzania on Monday woke to a shock hike in oil prices after a fortnight of disruption in fuel supplies that nearly brought
Africa

Consumption prices rise by 0.4% in July in Senegal

The consumer price index for in Senegal increased by 0.4% in July, a statement from the Senegalese National Statistics and Demography 
Africa

BRB introduces 10 and 50 francs coins in Burundi

Citing economic reasons, the Bank of the Republic of Burundi (BRB) Tuesday put into circulation coins of 10 and 50 Burundian
Africa

Ghana daily minimumn wage up by 20 per cent

The Ghana government and the Trades Union Congress on Monday announced a 20 per cent increase in the daily minimum wage
Africa

Nigeria: Govt to sell new banks after 3 years, appoints transition consultants

The lifespan of the new management of the three banks acquired by the Nigerian Federal Government at the weekend has
Africa

Nationalisation debate rages on in SA

A leading economist has warned that the eagerness with which global miners are investing in Africa belies the risks that operating
Africa

Nigerian govt takes over three banks

The Nigerian government Friday announced the take-over of three banks which were yet to sign the Transaction Implementation
Africa

‘Nationalisation debate back in South Africa’

The nationalisation debate which has sparked a storm of controversy over the past few years is now firmly back in the spotlight
Africa

Helios announces ground-breaking leaseback deal in Tanzania

Helios Towers Africa, the leading independent telecoms tower company in the continent, was Friday granted a licence by the Tanzania
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