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World finance chiefs outline steps to spur growth, boost jobs
14 Oct 2014Against the backdrop of a fragile and uneven global recovery, the IMF’s policy steering body – the International Monetary and Financial Committee – met today t...
read moreLower forecasts, but reason to be hopeful at the World Bank/IMF Annual Meetings
14 Oct 2014As the World Bank and International Monetary Fund annual meetings wrapped up in Washington, DC on Sunday, finance ministers and bankers from around the world expressed deep concern...
read moreJoint statement issued at the conclusion of the 19th BASIC Ministerial Meeting on Climate Change
14 Oct 2014Final statement
Sun City, South Africa, 10 October 2014
The 19th BASIC Ministerial Meeting on Climate Change was held in Sun City, South Africa, on 10 October 2014. H.E. Ms. ...
read moreRural wages rise sharply across Asia – report
14 Oct 2014An end to the seemingly inexhaustible source of cheap, unskilled labour in Asia is within sight as rural wages rise sharply across the region – according to the Overseas Developm...
read moreForeign investors’ participation on NSE Drops to 25%
14 Oct 2014The level of foreign investors’ participation on the Nigerian Stock Exchange (NSE) has continued to shrink, dropping to 25.17 per cent as at July, 2014.
Foreign Portfolio Invest...
read moreState of the Africa Region 2014: Using Africa’s growth to reduce poverty, improve lives
14 Oct 2014While Sub-Saharan Africa has sustained positive economic growth in the last 20 years, this growth has not translated into a fast-enough reduction in poverty, which remains more wid...
read moreWTO and World Bank join forces to provide Trade Facilitation support
13 Oct 2014Trade is critical for boosting growth in developing world, particularly in Africa
The World Bank Group and the World Trade Organization (WTO) have agreed to enhance their co-opera...
read moreSustain Africa’s growth by easing structural bottlenecks
13 Oct 2014Sustaining growth in sub-Saharan Africa requires proactively addressing structural bottlenecks to growth such as infrastructure gaps and poor business climates, IMF African Departm...
read moreZambia sees lower 2015 budget deficit due to higher royalties
13 Oct 2014Zambia plans to narrow its budget deficit in 2015, helped by changes to the mining tax regime which should boost revenue, Finance Minister Alexander Chikwanda said on Friday.
Pres...
read moreWhat EAC presidents agreed on in Kampala Summit
13 Oct 2014President Paul Kagame on Thursday returned from Uganda where he had joined his regional counterparts for the Seventh Summit of the Heads of State of the Northern Corridor...
read moreWorld’s risks loom large at Annual Meetings
13 Oct 2014Ebola, climate change, lack of money for crucial infrastructure – the world’s risks loomed large as the World Bank Group-IMF Annual Meetings drew to a close. But solutions, too...
read moreComesa bond scheme speeds up movement of goods in Northern Corridor
13 Oct 2014
With more than 200 Customs bonds worth $100 million executed in the clearance of transit goods on the Northern Corridor in less than three years, Uganda, Kenya and Rwanda have ta...
read moreEA traders fear cheaper goods from Egypt will swamp regional market
13 Oct 2014
East African traders have expressed fears that subsidised Egyptian products will swamp the regional market following a decision by the East African Community to extend the Free T...
read moreA single African air transport market critical to agenda 2063
13 Oct 2014The Chairperson of the AU Commission, H.E. Dr. Nkosazana Dlamini Zuma met a delegation of the African Airlines Association (AFRAA) to discuss the importance of the aviation sector ...
read moreSouth Africa ducks Agoa exclusion, for now
10 Oct 2014As concerns mount of South Africa’s dominance with the trade pact.
South Africa can breathe a sigh of relief for now, as indications are clear that the African Growth and Opport...
read moreMoves to reindustrialise SA’s economy
10 Oct 2014It’s been named among South Africa’s top 10 investment opportunities. The Dube TradePort in Durban is now officially an Industrial Development Zone (IDZ), joining three ot...
read moreMore growth, more jobs are main objectives of meetings – Lagarde
10 Oct 2014The IMF-World Bank Annual Meetings starting this week in Washington will discuss how to break through prolonged low growth and generate more growth and more jobs, IMF Managing Dire...
read moreNinth African Development Forum: Innovative Financing for Africa’s Transformation
10 Oct 2014The Ninth African Development Forum will be held in Marrakech, Morocco, from 12 to 16 October 2014 on the theme “Innovative financing for Africa’s transformation”. The Forum ...
read moreNamibian Retail Charter to be implemented by 2015
10 Oct 2014An agency of the Ministry of Trade and Industry, the Namibia Trade Forum (NTF), that aims to chart out the formation of Task Teams, their terms of references, as well as the guidel...
read moreSuspension of EEG stifling non-oil export growth
10 Oct 2014Nigeria’s quest for economic diversification may be imperilled by the continuing suspension of the Export Expansion Grant (EEG), with current backlog of Negotiable Duty Customs C...
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