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News : Business

Harare - Zimbabwe and neighbouring South Africa, Africa's most powerful economy, together signed an agreement in Harare to (webremix.info)

Last month, the International Monetary Fund and the African Export-Import Bank made $800-million in credit available to Zimbabwe. This initiative is meant to help the country restore its ravaged economy. (webremix.info)

The 2010 FIFA World Cup is expected to inject R55 billion into the domestic economy, according to the Deputy Minister of Water and Environmental Affairs, Rejoice Mabudafhasi. (webremix.info)

South Africa's economy recovery will not be a fast process, but it will be a sustainable one, Finance Minister Pravin Gordhan said in Johannesburg on Thursday. (webremix.info)

South Africa's central bank should target employment when deciding on interest rates, and worry less about inflation when the economy is struggling, a top Cosatu official says. (webremix.info)

THE Congress of South African Trade Unions (Cosatu) is not backing down in its quest to influence economic policy. (webremix.info)

Leading economists from across Africa are meeting in Nairobi to discuss the continent's economy. (webremix.info)

South Africa has emerged from its first recession in seventeen years, with the economy registering a growth of 0.9% for the third quarter of 2009, Statistics South Africa says, warning however that long term indicators still remain negative and that the country faces a slow recovery. (webremix.info)

SOUTH African investors are keen to establish businesses in Zimbabwe and are anxious to see Zimbabwe's economy stabilising, a Rustenburg municipal officer has said. (webremix.info)

South Africa's economy turned around in the third quarter of 2009, registering marginal growth, the government's statistics agency reported Wednesday. (webremix.info)

Second National Operator, Globacom says it will revolutionise Cote d'Ivoire's telecommunication services to help transform its economy and position the country as one of the most powerful telecommunications market in Africa and indeed the world. (webremix.info)

South Africa exits a nine-month recession after its economy returned to growth between July and September. (webremix.info)

Johannesburg - South Africa, Africa's biggest economy, is back on the growth path following two quarters of recession, (webremix.info)

Industrialization can serve as "a critical engine of economic growth and development" for Africa, which, like the rest of the world, continues to feel the impact of the global economic and financial crisis, UN Secretary-General Ban Ki-moon said Friday. "UN figures indicate that the world economy is poised for recovery, but for Africa to benefit the continent must focus on industrialization as a critical engine of economic growth and development," Ban said in his message to mark the Afric ... (webremix.info)

November 20, 2009 The rugby series between the Springboks and the British and Irish Lions boosted the South Africa economy to the tune of almost R1,5-billion, a study commissioned by SA Rugby has reve... (webremix.info)

Armed conflict, inadequate infrastructure, weak governance, limited financing and technological abilities, and policies that stifle entrepreneurship, limit competition and raise the cost of doing business are hindering the industrialization that Africa needs to fully join the global economy, Secretary-General Ban Ki-moon warned today. (webremix.info)

A TOP think-tank sharply raised its forecasts for the global recovery yesterday, and gave a surprisingly upbeat assessment of SA's economy over the next two years. (webremix.info)

Harare — ZIMBABWE is ready to receive investment across all sectors of the economy, and will remain an attractive investment destination in Africa, Zimbabwe's Ambassador to South Africa Simon Kh... (webremix.info)

ZIMBABWE is ready to receive investment across all sectors of the economy, and will remain an attractive investment destination in Africa, Zimbabwe's Ambassador to South Africa Simon Khaya Moyo, told South African investors. (webremix.info)

President Ian Khama has unveiled his multi-faceted dream to turn Botswana from a diamond dependent economy to a producer country and a competitive service provider in Africa. (webremix.info)

United Nations Industrial Development Organization (UNIDO) Director-general Kandeh K. Yumkella has said that the lack of industrialization is the missing key for Africa to join in the global economy, according to a report published by the United Nations Information Service Vienna (UNIS Vienna) on Wednesday. "Africa's pursuit of industrialization was critical to the continent's full integration into the global economy," said Yumkella in the report. According to the UNIDO chief, mo ... (webremix.info)

18 November 2009 - The head of the United Nations Industrial Development Organization (UNIDO) warned today that Africa must overcome the obstacles to boosting industrial production and gaining a larger share of world trade to benefit from the global economy. (webremix.info)

China and the United States (US) have signed a joint statement agreeing that the transition to a green and low-carbon economy is essential. (webremix.info)

President Ian Khama has unveiled his multi-faceted dream to turn Botswana from a diamond dependent economy to a producer country and a competitive service provider in Africa. (webremix.info)

FOR sub-Saharan Africa, building a knowledge economy "is no longer an option, it is a necessity", World Bank Institute economic adviser Shahid Yusuf said last week at a University of the Witwatersrand symposium on research and training for sustainable development in Africa. (webremix.info)

Growth in private-sector credit slowed to its lowest pace in more than 40 years in August, showing that interest rate cuts have done little so far to revive the shrinking economy. (webremix.info)

MIDRAND, South Africa, Nov 13 (IPS) - As the Second Africa Water Week ends, participants have reiterated that lack of access to clean water and adequate sanitation has a direct bearing on public health and the economy in Africa. (webremix.info)

As the Second Africa Water Week ends, participants have reiterated that lack of access to clean water and adequate sanitation has a direct bearing on public health and the economy in Africa. (webremix.info)

SA's decision to block a 23b n merger between MTN and India's Bharti Airtel may indicate President Jacob Zuma favours more state involvement in the economy to protect jobs and local industries. (webremix.info)

Figures due out this week should show that factory output picked up in August, in line with growing evidence that the economy's most embattled sector is emerging from the recession. (webremix.info)

ATTEMPTS to weaken the rand may backfire, given the clout of global markets and the potential cost to the economy, analysts say. (webremix.info)