Kenya may scrap some taxes to make tea industry more profitable. The world’s biggest exporter of black tea, is considering removing some levies charged on its tea producers and traders to make the industry more competitive, the nation’s agriculture ministry said.
Jacob Zuma does not care about South Africa. South African Finance Minister Pravin Gordhan’s efforts to restore investor confidence in Africa’s most-industrialized economy and ward off a junk credit rating are being frustrated by the very man who appointed him to his post.
One of Nigeria’s missing girls found. A schoolgirl abducted by Islamist militants two years ago from the northeastern Nigerian town of Chibok has been found.
Dangote is a threat to Zimbabwean jobs. Zimbabwe’s cement industry has called on the government to impose tariffs on imports from international manufacturers including Dangote Cement Plc of Nigeria, which it says is undercutting local makers of the building material and threatening jobs.
Uber cash in South Africa. Uber Technologies Inc. will allow passengers to make cash payments for journeys in South African cities to make the ride-hailing service more accessible to those without debit or credit cards.
Rwanda tech boom. The tiny nation of Rwanda is pursuing a local technological revolution in a bid to transform its largely agrarian society into the equivalent of an African Singapore.
South Africa slumping to recession. From the slump in commodity prices to policy uncertainties, impact of extreme weather phenomenon El Nino and the pressure being put on Finance Minister Pravin Gordhan, there are multiple factors paving the way for a recession in South Africa.
Nigeria’s Power challenges worsen. The operations of power companies in Nigeria are being crippled by the sabotage of gas pipelines, increasing debt owed them by the government and their inability to obtain foreign exchange to import equipment, a trade group said.