Saturday, November 17, 2018
Shuttered stores, thinning crowds, empty parking lots, and retailers filing for bankruptcy. These are tough times for shopping malls and the major retailers who serve as their anchors. Product oversupply and the rise of e-commerce are squeezing margins, and...
The Minister of Railway Development Mr. Joe Ghartey Tuesday said over 1,400 kilometer (KM) railway lines, expected to cost about $7.8 billion, would be created between three cities notably the Volta lake city, Ashanti rail city and the Paga rail city. According...
HARARE, Dec. 6 (Xinhua) -- China on Wednesday agreed to provide Zimbabwe with a funding of about 213 million U.S. dollars for infrastructure development projects. The funding includes those for the expansion and upgrading of the country's flagship airport, the...
Dr Vera Songwe, Executive Secretary of the United Nations Economic Commission for Africa (UNECA), has said Africa can unlock its full potentials with the coming into force of its ambitious Continental Free Trade Area (CFTA) framework. She said the CFTA,...
In recent years, many economies in sub-Saharan Africa have grown at an unparalleled rate. Economic fortunes are on the upswing, populations are booming and international investment is flowing into the continent. A consequence of this has been a commensurate increase...
Address by Ms Nomvula Mokonyane, Minister of Water and Sanitation at the Water Infrastructure Investment Summit held at the Sandton Convention Centre, City of Johannesburg Programme Director, Gabsie Mathenjwa David Mahlobo, Minister of Energy Lindiwe Zulu, Minister of Small Business Pam Tshwete, Deputy...
Common Market for Eastern and Southern Africa (COMESA) Secretary General Sindiso Ngwenya said, in an interview with Daily News Egypt, that the Egyptian initiative to establish logistical centres in a number of African countries is a laudable initiative. Ngwenya added...
The International Finance Corporation (IFC), a member of the World Bank Group, is helping finance a new tramline in Antalya, Turkey's fifth-largest urban center and largest tourism resort, part of an effort to help municipal authorities improve public transport...
After six successive months of year-on-year growth, the motor industry is confidently forecasting that full-year, new-vehicle sales for 2017 will improve by 2% compared to 2016. Figures from the Department of Trade and Industry show that sales totalled 49,754 last...
CAPE TOWN, Dec 5 (Reuters) - The African Development Bank (AfDB) has approved a 1 billion rand ($74 million) loan to Namibia’s education sector to help reduce youth unemployment by boosting technical and vocational training, it said on Tuesday. The...
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