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Emerging Markets Business News
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Friday, 14 May 2010 15:54 |
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London, United Kingdom - China has, on Thursday, announced a 170 million euros deal with South Africa ; aimed at building a giant cement plant in the African nation, reports the APA.
Chinese officials also used the announcement to defend their country's investment policies on Africa as whirlwind criticism intensifies globally over its "neo-colonialist" attitude towards the continent where it has continued to do deals while expanding its economy with African resources.
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Emerging Markets Business News
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Friday, 07 May 2010 17:27 |
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Pretoria, South Africa - The three-day gathering of the World Economic Forum (WEF) on Africa being held in Dar es Salaam, Tanzania, where delegates are exchanging ideas on Africa's growth strategy and the continent's response to the global economic crisis, among others, ends on Friday.
South African President Jacob Zuma, who is also attending the forum, will participate in a panel discussion and address the closing plenary session, according to a Bua News Online report.
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Emerging Markets Business News
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Tuesday, 27 April 2010 06:00 |
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Harare, Zimbabwe - Zimbabwe's largest cellular phone operator has said it planned to extend coverage of its 3G network to the country's border posts and resort areas before the 2010 FIFA World Cup hosted in neighbouring South Africa kicks off on 11 June.
Econet Wireless on Monday said its 3G capacity, which was initially restricted to the capital Harare, was being deployed to all other major cities, resort towns and main ports of entry.
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Emerging Markets Business News
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Wednesday, 24 March 2010 20:48 |
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Harare, Zimbabwe - The International Monetary Fund (IMF) on Tuesday warned that Zimbabwe's economic recovery remained fragile and called for an urgent address of "significant policy challenges" to restore its stability.
The IMF said in a statement that Zimbabwe's coalition needed to implement radical changes in economic policy without delay, including sufficient budgetary allocations to key infrastructure rehabilitation projects and social programmes.
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Emerging Markets Business News
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Wednesday, 24 March 2010 20:41 |
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Cape Town, South Africa - The Department of Rural Development and Land reform has proposed a major overhaul of the country's land restitution and redistribution policy to speed up land reform.
The move will require a change of the Constitution.
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