18-Jan-2019 to 09:02

eSwatini not utilising $6M COMESA hides market – Ministry

APA-Mbabane (eSwatini) — With the capacity of exporting 250 000 hides and skins, eSwatini is losing $6 million per year by not taking advantage of a regional market to export footwear.

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17-Jan-2019 to 15:01

Zimbabwe's inflation leaps to new 10-year high

APA-Harare (Zimbabwe) — Zimbabwe’s year-on-year inflation rose to 40.09 percent in December 2018, its highest level since the country adopted a basket of foreign currencies as legal tender in February 2009.

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17-Jan-2019 to 11:49

Mozambique: Moody’s places credit ratings at lowest level

APA-Maputo (Mozambique) — The Moody's rating agency has kept Mozambique at the lowest level of the investment recommendation due to its track record of defaulting on debt payment, APA can report on Thursday.

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16-Jan-2019 to 15:40

Mozambique: Former Finance Minister condemns predecessor

APA-Maputo (Mozambique) — Former Mozambican Finance Minister Tomas Salomao has expressed his disappointment that one of his successors, Manuel Chang, was arrested in South Africa related to a scandal about $2 billion in fraudulent loans.

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15-Jan-2019 to 15:04

Ethiopia gets new irrigation dam

APA-Addis Ababa (Ethiopia) — Ethiopia is to inaugurate yet another dam project with a capacity of irrigating 13,425 hectare of land, the country’s Ministry of Water, Irrigation and energy disclosed on Tuesday.

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15-Jan-2019 to 13:22

President Sall takes delivery of TER, Dakar's new train service

APA-Dakar (Senegal) by Ibrahima Dione — President Macky Sall on Monday afternoon took delivery of engines and coaches for the new Regional Express Train service (TER), which will link Dakar with Blaise Diagne International Airport (AIBD), a distance of 55 km (comprising 36 km of existing developed infrastructure and 19 km of new line).

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15-Jan-2019 to 08:09

S/Africa: W/Bank’s 2018 economic report is call to action - Agency

APA-Pretoria (South Africa) — Brand South Africa said it had noted the areas of concern expressed in the World Bank’s 2018 Global Economic Prospects report, which has indicated that the country’s real gross domestic product growth would expand by 1.3% in 2019.

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