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| Economics & Finance (Africa) |
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Coffee farmers in Rwanda will continue to receive financial support from Rwanda Development Bank (BRD) in form of loans with Rwf4billion available for farmers next season.  |  |


Botswana could soon have a new diamond mine if African Diamonds develop the AK 6 discovery near Letlhakane.  |  |
ENGEN Petroleum's bid to acquire all interests owned by BP Zimbabwe and Shell Zimbabwe in a US$16 million joint venture deal faces a major hitch as third parties have begun to lay claims on BP amounting to US$20 million, it  |  |
ELSEWHERE in this issue, we carry a story on the bid for a controlling stake in the Zimbabwe Iron and Steel Company (ZISCO), which has come down to just two firms from an initial list of six companies that had  |  |


Six workers employed by Grace Mugabe's Gushungo Dairy Estates, stormed the headquarters of dairy giant Nestle in Harare, demanding that the company resume accepting milk from the farm. In October this year pressure from human rights groups forced Nestle to  |  |
A HUGE exchange gain of US$7,6 million earned from consolidating regional operations hoisted AICO Africa Limited back to safety in the first six months of its financial year after a post-tax loss of US$4,2 million had dragged it down.  |  |
In furtherance of its resolve to prosecute the former governor of Delta State, James Ibori and others for alleged corrupt practices and money laundering, the Economic and Financial Crimes Commission is preparing to file a notice of appeal at the  |  |
CBZ Bank Limited, the government's principal strategic sector facility intermediary, is expected to report substantial earnings from commission and related fees on off-balance sheet lending, which looks set to intensify in the outlook.  |  |
Following Thursday ruling by federal high court in Asaba quashing the 170-count charge bordering on money laundering filed by the Economic and Financial Crimes Commission (EFCC) against former Governor James Ibori of Delta State, the commission has said the ex-governor  |  |
MINISTER of Finance, Tendai Biti, presented the 2010 National Budget to Parliament on December 2 2009 amid high expectations.  |  |
A Federal High Court in Lagos presided over by Justice Dan Abutu yesterday, granted leave to the former chief executive officer of Oceanic Bank, Mrs. Cecelia Ibru, to travel to the United States of America for urgent medical treatment.  |  |
FOOD processor, National Foods Limited (NFL) is undergoing a restructuring exercise that has seen some of the company's longest serving employees being sent on forced leave.  |  |
FUNDS allocated to the police force in the 2010 budget are inadequate thereby compromising the training of the law enforcement agents among a host of other adverse effects, a parliamentary committee has said.  |  |
HOPE of early end to the current fuel scarcity across the country was yesterday dashed as members of the Petroleum Tanker Drivers (PTD) branch of the National Union of Petroleum and Natural Gas Workers (NUPENG), began an indefinite strike over  |  |
Olympia Capital Holdings Limited (OCHL) has unveiled a new business strategy for the South African market in an effort to support its regional growth plans.  |  |
The Ministry of Energy yesterday held its 3rd national energy show and exhibition to promote renewable energy and energy efficiency devices and technology.  |  |
Abdou Kolley, the minister of Finance and Economic Affairs, has confirmed that The Gambia has witnessed a market growth in the number of financial institutions over the past few years, noting that two banks were granted operating licence in 2009,  |  |
Parastatals Eskom and Transnet have concluded the sale of Information-Technology (IT) services provider arivia.kom to a Midrand-based company.  |  |
The signs to halve poverty in Ghana have never been clearer, the solutions never been abundant and the political will never been stronger. According to the 2009 Human Development Index (HDI), an index used to rank countries by their level  |  |
The year 20009 will go down in history as one of the worst in terms of economic performance, as Botswana just like most African and developing countries fell victim to the global economic crisis.  |  |
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