The World Bank on Monday lowered its 2016 sub-Saharan African growth forecast to 3.3 percent from a previous forecast of 4.4 percent in October, citing plunging global commodity prices. The […]
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World Bank backs East Africa trade facilitation
About 80 000 traders and their families in Africa’s Great Lakes Region should benefit from greater food security, more jobs, and an overall increase in welfare as a result of […]
Countries Tax Statistics released
The seventh Tax Statistics bulletin has just been released by the National Treasury and South African Revenue Service. In a statement the two government departments said the objective of releasing […]
The World Bank releases Ease of Doing Business report
Sub-Saharan Africa surpasses all regions in improvements to the business environment. Source: eNCAnews Source URL: https://www.youtube.com/watch?v=tTOgEn1oogQ&list=UUI3RT5PGmdi1KVp9FG_CneA
$500 million phase one port expansion
A $500 million US dollar memorandum of understanding (MOU) has been signed for phase one of the port expansion and modernisation of Dar es Salaam. This MOU is between the […]
African businesses continue to reap benefits of US-Africa trade agreement, says DHL
The trade relationship between the United States and Africa, as well as the African Growth and Opportunity Act (AGOA) - which provides exporters duty-free access to the lucrative US market, […]
Transforming the South African economy to increase competitiveness and innovation
The Minister of Finance Nhlanhla Nene outlines the government plan to transform the economy in a speech to dignitaries and the business fraternity in Pietermaritzburg. Below is his speech where he […]
Transit times save millions of dollars
$1.2 million a year is what business owners in Uganda are expected to save following the launch of an electronic system that helps owners of goods, clearing agents and transporters […]
World Bank approves funding for Tanzanian transport network
$300 million US dollars has been approved by the World Bank for Tanzania to improve the East African central corridor and boost trade with landlocked neighbouring countries. According to the […]
Kenya Transport Association opens driver institute doors to the Private Sector
Kenya Transporters Association (KTA) recently opened its Heavy Commercial Vehicle (HCV) Driver Development Institute doors in Mombasa, Kenya to Total Kenya and Bamburi Cement (Lafarge), the largest oil company in […]