South Africa will consider partially privatising struggling state-owned companies as part of wide-ranging reforms set in motion by President Cyril Ramaphosa since he came to power last month, the head of the National Treasury said on Saturday. Dondo Mogajane said South Africa was at the end of a credit downgrade...
The Foreign Minister for the Russian Federation Sergey Lavrov has rubbished claims that, its government was connected to the poisoning of a former spy in London. According to the Mr. Lavrov, the accusation coming from London is nothing but “nonsense.” He said the Russian Federation had nothing to do with the...
African leaders hope for trade-led growth boost Nigeria, South Africa do not to sign up Continent gives itself 18 months to hammer out details African leaders agreed on Wednesday to form a US$3 trillion continental free-trade zone encompassing 1.2 billion people, but its two biggest economies, Nigeria and South...
Leaders of African Union member-states, including President Nana Akufo-Addo, at an Extraordinary Session of the Assembly of Heads of State and Government of the African Union signed onto a roadmap for the proposed Continental Free Trade Area (CFTA) in the Rwandan capital, Kigali, on Wednesday, March 22. As part of...
The father of a schoolgirl kidnapped by Boko Haram in Nigeria has described the pain of losing his daughter again. His daughter was among several others taken to the capital, Abuja, to meet President Muhammadu Buhari after their release from a month in captivity. The father told the BBC that he...
Ghana has urged members of the Economic Community of West African States (ECOWAS) to show commitment to a borderless sub-region. Mr. Ambrose Dery, the Minister of Interior who made the call, said the rationale for forming ECOWAS - which was a borderless West Africa - still remains relevant, and requested...
The European Union and its free trade agreement took decades to establish. Africa is now hoping it can achieve the same in a fraction of the time. But with Nigeria pulling out, questions are being raised over just how achievable it really is. The vision is a free trade deal encompassing...
Nigerian lawmakers aim to pass the country’s 2018 spending plan on April 24, House Speaker Yakubu Dogara said on Wednesday. Dogara said the budget would be laid at plenary on April 19 and passed the following week.
On the occasion of Namibia's Independence Day, the Ghana-Namibia Friendship Association has released a statement to commemorate the day and foster partnership between both countries in areas of tourism and business. A statement signed by former High Commissioner of Ghana to Namibia and Chairman of the association, Harruna Attah, welcomed the "resumption...
Within less than two decades it will be cheaper to operate robots in US factories than hire workers in Africa, a new report warns. Falling automation costs are predicted to cause job losses as manufacturers return to richer economies. Some analysts say poorer countries could be less impacted by this trend,...