Tanzania loses 1.7tri/- to illicit trade yearly
Tanzania loses 1.7tri/- to illicit trade yearly Minister for Industry and Trade, Dr Selemani Jafo. DAR ES SALAAM: COUNTERFEIT goods are increasingly undermining Tanzania’s economy, with estimates indicating that the government loses over 1.7tri/- annually in uncollected excise duty from…
Ramaphosa’s message to South Africans regarding the US tariffs
President Cyril Ramaphosa has warned that the United States’ decision to impose steep new tariffs on South African exports will deliver a blow to some key industries, but insists that the country will not be left without options. …
Japan takes on China with cheaper loans plan for Africa
Japan is intensifying its economic engagement with Africa by offering low-cost loans, presenting an alternative to China’s high-interest lending practices. At the Ninth Tokyo International Conference on African Development (TICAD 9), Japan pledged 5.5 billion in loans, coordinated with the…
Zimbabwe brings back maize import ban after bumper harvest
Zimbabwe has brought back a ban on maize imports to boost local farmers, and has grown enough of its own this year to supply its millers after a bumper harvest, a senior agriculture ministry official said on Monday. Improved rainfall…
Uganda Named as Destination in Ongoing Deportation Case
A look at Uganda, the east African nation where the US is set to deport Abrego GarciaUganda is one of at least four African nations that have agreed to receive immigrants deported from the United States. The U.S. deported five…
Botswana declares national public health emergency
Botswana has declared a public health emergency as it faces a shortage of essential medicines and medical equipment. President Duma Boko made the announcement in a televised address on Monday, setting out a multimillion-pound plan to rectify the supply chain…
African Nations Must Regulate ‘Debt Trap’ Loans From World Bank, IMF — Malema
South African opposition leader, Julius Malema, has cautioned the continent against loans from Brentwood organisations and others, warning that such moves can undermine Africa. Malema spoke on Sunday in Enugu as a keynote speaker during the opening ceremony of the…
FAAN resumes cargo revenue collection at Lagos airport after 15 years
FAAN resumes cargo revenue collection at Lagos airport after 15 years FAAN Getting your Trinity Audio player ready… The Federal Airports Authority of Nigeria has announced the resumption of direct revenue collection at the cargo terminals of the Murtala Muhammed…
Africa could become ‘renewable superpower’, says UN
Africa has everything it takes to become a “renewable superpower”, UN head Antonio Guterres said Thursday, as he called for greater investment in green energy across the resource-rich continent. Guterres spoke at a three-day development conference in Japan attended by…
Botswana signs $12 billion investment deal with Qatar’s Al Mansour Holdings
Duma Gideon Boko, President of Botswana, attends a meeting during the 38th Ordinary Session of the Heads of State and Government of the African Union at the African Union Commission (AUC)… Purchase Licensing Rights . Botswana’s President Duma Boko announced…