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World Economic Forum News

How to make sustainable development a reality

05/06/2015 15:33:24

The year 2015 is significant for Africa, as it marks the end of global, regional and local efforts to meet the MDGs.

Importing skilled labour to bridge the gap

05/06/2015 14:29:32

South Africa is advised to relax visa regulations and welcome more skilled immigrants in catalysing its economic growth.

UNFPA encourages PPPs to tackle Africa’s unemployment

05/06/2015 13:35:34

UNFPA's Executive Director, Babatunde Osotimehin has urged private sector to be partners in national development.

South Africa prepares for increasing interest rates

05/06/2015 11:23:26

South Africa's Reserve Bank Governor confirmed that interest rates will be going up in 2015 given the current inflation outlook.

Special Report

Why Africa should prioritise safety and security?

24/11/2015 10:58:11

Increasing terror attacks should be a wake up call for African countries to priorities security.

The truth about Africa’s rising middle class

18/11/2015 15:39:57

Income growth in Africa may not be as fast as some have expected, but the trend is very much alive.

Forbes Africa journalist wins two Zimeo Excellence in Media Awards

13/11/2015 15:49:07

Caboz won the technology and maritime economy category.

UN, AU, EU raise alarm on Burundi crisis spreading

13/11/2015 07:16:13

The United Nations, African Union and European Union warned that Burundi's divisions threatened to create a deep and violent crisis.

Southern Africa

S.Africa fund set to assist low income earners and tech start-up

25/11/2015 12:29:08

How South African investment fund plans to help assist those who are currently excluded in formal financial services?

S.African rand steadies but looming U.S. rate hike poses risk

25/11/2015 07:42:16

South Africa's rand remains largely unchanged against the dollar in early Wednesday trade.

Glencore's Zambia copper mining unit lays off 4,300 workers

24/11/2015 11:05:02

According to union and company sources, Glencore has laid off 4300 workers.

South Africa avoids recession but economic growth sluggish

24/11/2015 10:47:04

Africa's most industrialised economy remains under stress, and might not achieve even the sluggish 1.5 percent 2015 growth target set by the National Treasury.

Western Africa

Behind Nigeria's fuel shortages

25/11/2015 14:38:26

Long queues have been seen at petrol stations across the Nigeria as the country faces fuel shortages.

Landmine kills U.N. peacekeeper in Mali

25/11/2015 07:19:36

A U.N. peacekeeper was killed in Mali by a landmine on Tuesday, underlining persistent insecurity in the country.

Nigeria central bank cuts rates for first time in six years

25/11/2015 06:10:22

Nigeria's central bank surprisingly cut the benchmark interest rate to 11 percent from 13 percent on Tuesday.

Nigerians' hunt for jobs worsen

24/11/2015 13:18:42

The report showed an increase in the unemployment rate to 9.9 per cent in the third quarter, from 8.2 per cent in the second and 7.5 per cent in the first quarter of 2015.

East Africa

Rwandair eyeing for improved performance with Ecobank partnership

25/11/2015 11:44:09

Rwandair is earmarking to increase passengers from 500,000 annually to more than three million by 2020.

2015 is Rwanda’s year of good performance: Fin Min

24/11/2015 12:22:37

Rwanda's President and Finance Minister positive about the country's prospects.

Africa's largest carrier, Ethiopian Airlines, plans to order narrow-body planes

24/11/2015 10:37:15

Ethiopian Airlines plans to double its fleet between now and 2025.

Burundi suspends 10 civil society groups as crisis deepens

24/11/2015 07:08:30

Burundi's interior minister suspended 10 civil society groups, accusing them of fueling widespread violence in recent months.


South Africa's rand stable ahead of local and U.S. GDP data

24/11/2015 07:46:42

S.Africa's rand was steady against the dollar early on Tuesday, with dealers expecting narrow range trading ahead of U.S. economic data.

S.Africa's rand under pressure as market eyes U.S. rate hike

23/11/2015 07:43:07

S.Africa's rand snapped a five-day winning streak against the dollar on Monday.

South Africa's rand a touch firmer, stocks to open flat

12/11/2015 07:25:10

S.Africa's rand stretched gains early on Thursday as the dollar retreated following a holiday in the United States.

South Africa's rand firmer, stocks to open higher

11/11/2015 07:52:25

S.Africa's rand traded firmer early on Wednesday as emerging assets shrugged off fears of a looming rate hike in the United States.


South Africa's Sappi Q3 profits fall on maintenance shutdowns

07/08/2015 09:14:00

South African pulp and paper company Sappi posted a 89 percent fall in third-quarter earnings on Friday.

South Africa's Sasol flags lower FY earnings on softer oil price

07/08/2015 09:07:42

S.African petrochemicals company Sasol said on Friday it expected full-year profits to fall by up to 19 percent due to softer oil prices.

South African insurer Liberty plans to spend millions on Nigerian deals

07/08/2015 08:50:19

South Africa's fourth-largest insurer Liberty Holdings reported a 6 percent increase in half-year profit on Friday.

Omnia FY earnings inch up, mining woes a constraint

23/06/2015 08:49:00

Omnia, reported a slight rise in year earnings on Tuesday.

Special Reports

Private funding key to assist government make NDP a reality

07/10/2015 17:01:49

Public-private partnerships need to find ways to work better and make sure proposed projects actually happen.

Public–private partnerships are critical critical to achieving SA's NDP goals

07/10/2015 13:42:08

Public private partnerships are critical to South Africa realising its National Development Plan goals.

Social Contract as a way to further an inclusive economic agenda

30/09/2015 15:14:54

Social contracts still need to be developed to bridge the inequality between communities and private sector.

We can address social inequality: Stephen van Coller

13/08/2015 07:52:30

Barclays Africa’s CE for Corporate and Investment Banking Stephen van Coller has called for a robust approach in dealing with inequalities.


Opening Pandora’s Box: The bitter harvests of xenophobia

24/04/2015 16:04:29

It is a supreme irony that, exactly 30 years later, the troops are back on the streets of Alexandra.

Please beat the count Ali

24/10/2014 12:54:21

There are many Africans who are praying that Muhammad Ali will beat the count and rise from the hospital bed where he lies critically ill.

The rise of the island paradise

03/10/2014 11:32:19

From the moment you step on the plane you know Mauritius means business.

TB Joshua Lagos church collapse: the cheapness of life in Africa

19/09/2014 14:41:52

As a journalist, it makes me sick.

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