South Sudan peace talks in the Ethiopian capital Addis Ababa show signs of progress after nearly two weeks marked by boycotts and walkouts. On Wednesday, the parties to the Igad-led negotiations agreed on the composition of a transitional government and security arrangements. According to the South Sudan ambassador to Ethiopia, James Morgan, the government has […]
South Sudanese government has rejected a demand by a coalition of opposition forces asking Juba to abandon continuing to be part, as a member-state, of the summits and meetings of the Intergovernmental Authority on Development (IGAD) which mediates the ongoing process to achieve peace in the country. Presidential adviser on security affairs told Sudan Tribune […]
For long, commercial bank lending rates have averaged at 21.37 percent, going as high as 23.13 percent in February 2017 and as low as 18.97 percent recorded in October 2017. The Central Bank Rate (CBR) fell drastically by over 20 percent to 9.5 percent from 12 percent recorded at the start of 2017 in a […]
Agricultural sector stakeholders converge in Dodoma tomorrow for the 4th Annual Agricultural Policy Conference (AAPC) that will deliberate on ways to improve its contribution to the economy. It will evaluate the outcomes of last year’s discussions on the subject and propose a new policy for implementation. Speaking in Dar es Salaam yesterday, Prof David Nyange from […]
Rwanda Stock Exchange (RSE) recorded a total turnover of over Rwf11.7 million from 123,200 shares traded in six deals during yesterday’s trading session. The bond market was quiet. According to the RSE daily market report for Monday, Bank of Kigali counter realised Rwf290,000 in turnover from 1,000 shares traded in one deal at Rwf290. This […]
The South Sudan peace talks, which started on February 5 in Addis Ababa, have stalled after the government delegation objected to a clause calling for punitive measures against saboteurs of the peace process. The issue of accountability has been the main thread among the mediators and the international community in this last attempt to bring […]
Kenya has taken a 180-degree turn from a beacon of democratic hope for much of East Africa to being just one of the rest with fears that the region’s economic powerhouse is on the brink of plunging back to the “dark Moi era” or even worse. “Reset your TV sets 30 years back. It’s about […]
According to Royal Institution of Chartered Surveyors’ (RICS) South Africa country manager TC Chetty, the recent credit rating downgrades by global ratings agencies will negatively affect Africa’s two biggest economies – South Africa and Nigeria, and hit Africa’s overall economic growth. TC Chetty, South Africa country manager for the Royal Institution of Chartered Surveyors (RICS). […]
Kenya has in recent years topped the list of African countries that are most attractive to foreign investment. But with elections coming later this year and an increasingly unstable global economic outlook, the country’s risk profile has increased. The Business Daily spoke to Citibank’s head of investment banking for Africa, Miguel Azevedo, on the country’s […]
State structures in African countries are often inhabited by officials who rather line their pockets and please those above them than render a service to the public. In the second and last part of an investigation carried out in Uganda, Ghana and Nigeria, journalists ANAS AREMEYAW ANAS, THEOPHILUS ABBAH and BENON HERBERT OLUKA highlight how […]
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