South Africa is one of the countries worldwide that is heavily dependent on coal for the generation of electricity, with nearly 90% of its energy derived from coal-fired power stations. Read more.
Tags : government
Gaborone- Minister of Finance Peggy Serame has lauded the acquisition of BancABC Botswana by renowned Nigerian Bank Access bank which has operations in about 10 countries worldwide. Read more.
Deputy Minister Ministry of Industry and Trade Hon. Exaud Kigahe said the government's intention is to see all industries in the country produce in large quantities at all times due to the raw materials that make cement available locally.
WINDHOEK-Namibia has recorded a sharp rise in electrify imports from its neighbours in the Southern African Power Pool (sapp) as the region intensifies efforts for generation and supply of power which is vital for industrialisation. Read more.
With the objective being to pluck Zambia out of its protracted debt crisis, the country’s newly appointed Finance Minister Situmbeko Musokotwane, last week on Friday made a pledge to conclude talks with the International Monetary Fund (IMF) on matters of lending programme by October. Read more.
The Social Development Minister for South Africa, Lindiwe Zulu gazetted a new National Social Security Fund (NSSF) which would have offered disability and retirement benefits as well as unemployment benefits to all South African citizens. Read more
Botswana has set sights on the exploitation of both untapped copper and coal deposits to improve its income from the mining sector which has in the past be steered by diamond production. Read more.
Eswatini has suffered a loss of US$8million due to a deliberate five-day shutdown of internet amid political unrest. Read more.
Zimbabwe is expecting to put approximately 62 000 hectares of this year’s 2021 under winter wheat crop production.
Namibian Minister of Finance Ipumbu Shiimi is pushing for solid Public Private Partnership in infrastructure development projects to improve the ailing economy which contracted by an astounding 8 percent in the last financial year.
‘The project is one of Tanzania’s priorities under its Second Five-Year Development Plan and will also advance the objectives of the country’s Vision 2025’
South African Airways emerged from business rescue proceedings during April after it had reduced its staff compliment by more than half in addition to trimming various liabilities. Read more.
