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Africa is home to seven of the 10 fastest growing economies globally. This section of Biznews targets existing and potential investors into the African continent. Editors curate the most important news about African business, infrastructure development and investment, including emerging market essentials, trade and development, economic insights, SADC, ECOWAS and EAC region reports.
At the end of April this year, the Competition Tribunal approved a merger involving Community Investment Ventures Holdings and Vumatel.
A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4bn is floundering because a military stake in the project has deterred potential backers.
Veteran Zimbabwean writer Cathy Buckle observes her country’s political and social life with a pragmatic, uncomplicated eye.
Shorn of their most important campaign weapon, scandal-ridden former President Jacob Zuma, South Africa’s biggest opposition parties are turning to immigration as they scramble for votes in the most competitive election since the end of apartheid.
Finally, says the Movement for Democratic Change politician Eddie Cross, the Zimbabwe economy is showing signs of life.
The deal is expected to dramatically increase the unit’s capacity for storage while also boosting food security in the region.
When an Ethiopian Airlines Boeing Co. 737 crashed near Addis Ababa last month, a curious thing happened: Industry experts immediately began to question the safety not of the carrier, but the plane itself.
The majority of rural African communities are still without power and will probably have no access to the grid at any time soon.
The tropical cyclone rampaging south-eastern Africa has been described as one of the worst disasters ever to strike the southern hemisphere, with up to 2.6m people potentially affected in Mozambique, Malawi and Zimbabwe.
Far more help is needed as aid agencies estimate that more than a million people from Mozambique, Zimbabwe and Malawi have been displaced by the cyclone.