South Africa Treasury in line of fire as ANC factions squabble


  For investors hoping that South Africa might be over the worst of its damaging economic and political impasse, the court summons issued yesterday morning to finance minister Pravin Gordhan…


African Development Bank calls for manufacturing renaissance

African countries must begin a manufacturing renaissance to take over from China as that country’s labour costs rise, and unleash investments in food and farming to secure the continent’s future…


African borrowing levels surge anew

Sub-Saharan Africa is in danger of sinking back into the level of indebtedness that led the west to write off tens of billions of dollars worth of borrowing earlier this…


Nairobi’s vibrant art market points to a boom

As Paul Onditi prepared to move his family back to Kenya after a decade as a struggling artist in Germany, his former art school professor tried to dissuade him. “How…


East African nations urged to take advantage of strong growth

East African nations should take advantage of their strong economic growth to attract foreign investment at time when the continent’s commodity exporters are grappling with their worst downturn in years,…


Blackstone-backed group strikes African oil pipeline deal

Black Rhino, the African infrastructure investor owned by US private equity group Blackstone, has made its first $300m investment in a strategically important fuel pipeline between Ethiopia and Djibouti. The…


Official obstacles disrupt Nigeria’s Zuckerbergs

Two events in the indefatigable city of Lagos have given young entrepreneurs cause to swing between celebration and despair in a matter of days. The former came with Mark Zuckerberg’s…


Angola oil overhaul tests ties with Trafigura

An overhaul of Angola’s energy sector poses a test for Trafigura’s close-knit relationship with the west African country, as the Opec member restricts spending and forges ties with rival trading…


Visa plots Kenyan payments rival to Mpesa

Visa has partnered with four banks in Kenya to launch a mobile phone payments platform that will mount the first credible challenge to the country’s dominant Mpesa system. The mVisa…


A continent growing in fits and starts

The “Africa Rising” narrative gained momentum around 2010. As is the way with these things, it arrived about a decade late – and just as things were about to go…




Editorial

With a reformist administration in charge of the executive, there has b...


Agenda

The new electricity tariffs that became effective on December 1, 2018,...


Fineline

Who it is that midwifed the rapprochement between E...


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Commentary

Ethiopia’s economy is at a crossroads. The same old advice will not s...


Viewpoint

A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


Opinion

The future is bleak. Millennials and younger generations who will inher...


View From Arada

There is heated debate on the propriety, decency and morality of breast...




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