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News in 'Economy' section

Sierra Leone: Gov’t releases 2013 citizen’s budget

June 13, 2013

The Sierra Leonean government has released the second citizen’s budget, after the successful release of the first budget last year.  The citizen's budget is a simplified version of the national budget. 

Ghana seeks US assistance to unravel Fire Outbreaks

June 12, 2013 President Mahama

Ghana's President John Dramani Mahama has announced his government will engage US fire experts to investigate the causes of fire outbreaks that have engulfed the country.

 

Ghana: Consumers reject proposed 384% tariff increase

June 11, 2013

Consumers in Ghana are up in arms with a proposal by utility companies in the country to increase tariffs by 384%.

Libya 'seeking to recover Kadhafi riches in S.Africa'

June 3, 2013

Libya has called on the South African government to help it recover more than $1 billion in diamonds, gold and cash allegedly stashed in the country by slain dictator  Kadhafi, a local newspaper reported Sunday.

Africa, Japan underline private sector role

June 3, 2013 Japanese officials have stressed the need to transform Japan's relationship with Africa from one of donor-recipient to that of business partnership.

The private sector has a vital role to play in African development, international leaders said in Tokyo on Monday on the final day of a three-day meeting hosted by Japan.

South Africa needs stable mining sector - Zuma

May 30, 2013

South Africa's President Jacob Zuma moved Thursday to restore investors' confidence by urging stability in the key mining sector after the country's economic growth hit a fresh low.

African Union leaders mark 50th anniversary in Ethiopia

May 25, 2013 Ethiopian Prime Minister Hailemariam Desalegn

African leaders gathered Saturday ahead of extravagant celebrations for the 50th jubilee of the continental bloc, with Africa's myriad problems set aside for a day to mark the progress that has been made

DR Congo and neighbours get $1bn

May 23, 2013 fighting continues near the eastern city of Goma.

The World Bank has unveiled a $1bn (£660m) aid package to help the Democratic Republic of Congo and its neighbours. The money is to be used for health, education, cross-border trade and hydroelectricity projects.

Mali aid meet opens with pledge to avoid past mistakes

May 15, 2013 European Commission President Jose Manuel Barroso (right) smiles alongside Mali President Dioncounda Traore (left) at the end of a joint press conference on Tuesday

International donors opened a conference on Mali Wednesday aimed at raising some two billion euros ($2.6 billion), pledging to help all sides in the troubled country avoid the mistakes which led to war and political crisis.

'Greedy pig' protest held at Kenya parliament

May 15, 2013  A policeman tries to control pigs left by protestors outside the parliament

Kenyan police have fired teargas and water cannon outside parliament in Nairobi to disperse about 200 people demonstrating against parliamentarians' demands for a higher wage.