Finance News


Uganda: Bunyoro Angry With Museveni On Oil Sharing

Sunday, June 24, 2012

[Observer] Bunyoro has said nobody, including President Museveni, can silence the sub-region's agitation for a fair share of the oil revenue, which has grown louder in recent weeks.


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Source of news: southafrica.info



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Repay SA, US tells lobster poachers
Wednesday, June 19, 2013
The government has welcomed a New York court's decision that South Africa be paid US$22.5-million (about R225.4-million) by three men convicted of importing illegally harvested rock lobster into the US.

Jobs, construction boom at Coega
Wednesday, June 19, 2013
Building projects at the Coega Industrial Development Zone outside Port Elizabeth have injected over R1.2-billion into South Africa's Eastern Cape construction industry over the past two quarters, creating over 2 500 jobs, says the state-owned Coega Development Corporation.

Kenya: Kenyans Mobilise Against Taxing the Poor
Wednesday, June 19, 2013
[The Star]On a side street in Nairobi's bustling neighbourhood of Shauri Moyo, Faisal Ngila shouts to street vendors, motorbike taxi drivers and pedestrians. "Do you know taxes are increasing in Kenya?" he asks, handing out flyers urging Kenyans to say "no to Unga (maize flour) tax" by dialling a phone number that will register their signature on a petition.

East Africa: Piracy Victims Endure Harsher Treatment in East Africa
Wednesday, June 19, 2013
[VOA]London -Piracy in West Africa now affects more ships and seafarers than piracy coming from Somalia, according to a new report by the International Maritime Bureau (IMB), however, Somali pirates tend to mete out harsher treatment to their hostages. The report focuses on the human impact of piracy.


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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