SOUTH AFRICA NATIONAL ASSEMBLY APPROVES DIVISION OF REVENUE BILL

SOUTH AFRICA NATIONAL ASSEMBLY APPROVES DIVISION OF REVENUE BILL

National Assembly approve Division of revenue bill that will determining each province’s equitable share.

In the quest to have a stability, South Africa’s National Assembly has approve the division of revenue bill. The Division of Revenue bill will provide for equitable division of funds raised nationally. It will also be …

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NIGERIA NOW LARGEST RICE PRODUCER IN AFRICA

NIGERIA NOW LARGEST RICE PRODUCER IN AFRICA

Nigeria overtakes Egypt as the largest rice producer in Africa

The biggest economy in Africa is now also the largest rice producer in Africa. According to Director-General, Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley, Nigeria has overtaken Egypt as the largest rice producer in Africa.

Egypt which was producing …

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AKWA IBOM STATE LAUNCHES IBOM AIR

AKWA IBOM STATE LAUNCHES IBOM AIR

Akwa Ibom state have launched Ibom Air

After several months, the Akwa Ibom Government have just launched its new airline company, Ibom Air. The Airline is among Governor Udom Gabriel Emmanuel’s key projects for the state.

Although Ibom Air is completely owned by the Akwa Ibom State Government; its management …

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WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

WHAT INVESTORS SHOULD KNOW AS SOME OF AFRICA’S BIGGEST ECONOMIES HEAD TO POLLS

Before the elections commence in Africa, what do investors need to know?

Political instability which is an investors nightmare, is also one element hindering infrastructural development in Africa. Most times, especially in Africa, political unrest usually arises during election period – change in government.

Some African countries this year 2019 …

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SOUTH AFRICA DECLINES ZIMBABWE US$1.2 BILLION LOAN REQUEST

SOUTH AFRICA DECLINES ZIMBABWE US$1.2 BILLION LOAN REQUEST

Zimbabwe’s US$1.2-billion loan request rejected; South Africa says it doesn’t have “that kind of money”

A spokesman for the finance ministry in South Africa today said , South Africa rejects the request from its neighboring country Zimbabwe for US$ 1.2 billion loan.

 

The national spokesman Jabulani Sikhakhane said, “South

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KENYAN GOVERNMENT START DREDGING ON LAKE VICTORIA

KENYAN GOVERNMENT START DREDGING ON LAKE VICTORIA

Dredging process at Lake Victoria kick-off today in Kenya.

Kenya government has kick-off the dredging process on lake Victoria. This process will help boost the nation transportation sector as well as growing the sector. Meanwhile, the process will help ease the vessel navigation.

The project will help eradicate water hyacinth …

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CONSTRUCTION OF SEMWA DAM RESUME IN ZIMBABWE

CONSTRUCTION OF SEMWA DAM RESUME IN ZIMBABWE

Semwa Dam construction resume after the project was included in Zimbabwe 2019 budget.

Construction of the Semwa dam is set to resume in Zimbabwe after funds were provided. The project which kick-off in 2014 was originally set for completion in three years time but had financial issues.

According to report, …

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TANZANIA CHIEF JUSTICE WARNS POLITICIANS NOT TO MINGLE WITH JUDICIARY MATTERS.

TANZANIA CHIEF JUSTICE WARNS POLITICIANS NOT TO MINGLE WITH JUDICIARY MATTERS.

Chief Justice Ibrahim hamais Juma warns the government against meddling with the judiciary. 

Head of Tanzania’s judiciary, Chief Justice Ibrahim Hamis Juma, has warned politicians to stop mingling with matters concerning the judiciary.

He was speaking at a press briefing in connection with the country’s Law Week celebrations which marks …

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