WEF Competitiveness Report: Two wooden spoons, two gold medals

After today’s release of the keenly awaited annual World Competitiveness Report, we got hold of the WEF’s  Margareta Drzeniek-Hanouz for further insights. Sadly, there wasn’t much she could advise beyond the hope that those who have the power to change things take note of the problem areas and build on the good ones. SA’s overall … Read more

Sierra Leone police blockade Ebola areas, Liberia declares emergency

By Umaru Fofana and Clair MacDougall FREETOWN/MONROVIA (Reuters) – Police and soldiers in Sierra Leone blockaded rural areas hit by the deadly Ebola virus on Thursday, a senior officer said, after neighbouring Liberia declared a state of emergency to tackle the worst-ever outbreak of the disease, which has killed 932 people. Liberian President Ellen Johnson-Sirleaf announced emergency measures late on Wednesday … Read more

Tanzania, Zambia to invest $80m in cash-strapped rail firm

DAR ES SALAAM (Reuters) – Tanzania and Zambia plan to inject $80 million to bail out a jointly owned railway firm suffering from decades of under-investment, the company said on Tuesday. The 1,860 km (1,155 mile) railway is a key route for copper exports from Zambia and neighbouring Democratic Republic of Congo to Tanzania’s main port of Dar es Salaam. The capital infusion from the two … Read more