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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Business / Economics

1232 Results / Page 85 of 137

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Africa

Chad presidential election: assassination of main opposition figure casts doubt on country’s return to democracy

  By Helga Dickow, University of Freiburg     The assassination of Chad’s main opposition leader, Yaya Dillo, is hanging heavy over presidential elections due in early May. Dillo was killed on 28 February when the headquarters of the opposition Party Socialiste sans Frontières (Party of Socialists without Borders) in the Chadian capital N'Djamena was besieged by the newly formed Rapid Reaction Force. It’s not the first violence meted out […]

todayMarch 22, 2024 6

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Business / Economics

Steinhof CEO dies by suicide

Former Steinhoff CEO Markus Jooste died by suicide in Hermanus on Thursday, a day before he was told to hand himself over to law enforcement. News24 reports that Jooste told his wife he was going out for a walk, and it was during his walk that he shot himself. According to local police, Jooste “was still alive at the time [they reported to a beach in Hermanus, where a 63-year-old man […]

todayMarch 22, 2024 147

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Business / Economics

Morning Biznews update – 22 March 2024

With South Africa’s annual consumer price inflation increasing to 5.6% in February, exceeding economists' expectations, and rising closer to the top of the central bank's 3% to 6% target range, all hopes of an interest rate cut before the Monetary Policy Committee meeting in July have fallen. A number of economists are in fact now looking at September as the first opportunity for any easing of the country’s 8.25% repurchase rate. […]

todayMarch 22, 2024 7

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Africa

Africa is fueling India’s economic ambitions

  By Bonface Orucho, bird story agency   India is growing its investment and nurturing diplomatic alliances with a range of countries in Africa, recognizing the continent as a key component in its pursuit of superpower status. In the latest move, Ethiopia’s ambassador to India disclosed to The Print, an Indian news outlet recently, that the two countries are “in the final stages of clinching defence cooperation.” This is just […]

todayMarch 20, 2024 15

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Business / Economics

Namibia may tap its trillion dollar oil & gas windfall to fuel renewables ambitions.

    By Bonface Orucho, bird story agency   Namibia has been advancing extensive oil and gas exploration, and making substantial discoveries. Portuguese oil and gas company recently announced another discovery of “a significant column” of light oil in high-quality reservoirs. A press statement from Galp on March 15, confirmed the find at the Mopane-2X well in the larger Orange Basin, off the Namibian Coast, adding to its oil discovery […]

todayMarch 20, 2024 43

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Africa

Cocoa beans are in short supply: what this means for farmers, businesses and chocolate lovers

    By Michael E Odijie, UCL   A shortage of cocoa beans has led to a near shutdown of processing plants in Côte d'Ivoire and Ghana, the two countries responsible for 60% of global production. With chocolate makers around the world reliant on west Africa for cocoa, there is significant concern about the impact on the prices of chocolate and the livelihood of farmers. Cocoa researcher Michael Odijie explains […]

todayMarch 20, 2024 9

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