Finance News


Toyota South Africa starts taxi assembly

Monday, July 09, 2012

Toyota South Africa has opened the R70-million Toyota Ses'fikile minibus taxi assembly line at its manufacturing plant at Prospecton in Durban, creating 300 new jobs, and the government is keen for other manufacturers to follow suit.


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Source of news: southafrica.info



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South Sudan: President Says 'Never' to ICC
Friday, May 24, 2013
[VOA]Juba, South Sudan -South Sudan President Salva Kiir said Thursday that he would "never accept" the International Criminal Court. He spoke during a visit from new Kenyan president and ICC indictee Uhuru Kenyatta, who pledged the creation of roads, rail and pipelines to deepen economic ties between Kenya and the new nation.

Wildcat strikes hurt the poor: Zuma
Thursday, May 23, 2013
Trade union leaders should engage with their members to avert unnecessary labour action, President Jacob Zuma said on Thursday, adding that illegal or "wildcat" strikes were no way to advance the interests of marginalised South Africans.

Swaziland: Careless Food Storage Sidelines Hungry
Thursday, May 23, 2013
[IRIN]Mbabane -Mounds of food aid intended for Swaziland's food insecure were recently found rotting in the government's main storage warehouses at the Matsapha Industrial Estate, about 25km east of the capital, Mbabane.

Uganda: Uganda Now Drug Hub, Admits Police
Friday, May 24, 2013
[Observer]The police admit that drug trafficking is becoming a problem in Uganda, with many travellers frequently arrested for the offence in foreign countries.


Africa Finance Blog

Youth Employment in Africa: An Interview with Dr. Shanta Devarajan—Part II
Friday, November 30, 2012
Dr. Shanta Devarajan, the chief economist of the Africa Region with the World Bank, recently sat down with emerging market investment consultant Wilmot Allen to discuss youth employment in sub-Saharan Africa. Part II appears today; Part I appeared on Wednesday.


Youth Employment in Africa: An Interview with Dr. Shanta Devarajan—Part I
Wednesday, November 28, 2012
Dr. Shanta Devarajan, the chief economist of the Africa Region with the World Bank, recently sat down with emerging market investment consultant Wilmot Allen to discuss youth employment in sub-Saharan Africa. Part I of the interview series will appear today; Part II will appear on Friday.


Africa’s Green Eggs and (Chicken)
Wednesday, November 28, 2012
Chicken is what is known as a Fast-Moving Consumer Good (FMCG) or Consumer Packaged Good (CPG). FMCG’s are the buzz across Africa now. Investors are seeking opportunities to take advantage of this rapidly growing market.


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