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South African Government Releases 2014 Budget

Despite the sluggish local economic growth brought about by the 2008 global recession, Finance Minister Pravin Gordhan has not gone back on his 2013 growth projections. Tabling his 2014 Budget.

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France Eyes Africa’s Mining Industry With $550m Investment

Europe’s second largest economy, France has revealed plans to invest €400 million ($548 million) in establishing a new state-owned mining company called Compagnie National des Mines de France (CMF), with.

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Microsoft Global President To Meet Nigeria’s Tech Community

Microsoft Global President, Jean Philippe Courtois will today meet with Nigeria’s Tech Community during a visit to the Co Creation Hub Nigeria, a social innovation centre dedicated to accelerating the.

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Kenyan Vehicle Manufacturer (KVM) To Roll Out Africa’s Cheapest Car By June

Kenyan Vehicle Manufacturer (KVM) has revealed that it is currently working on the assembly of Africa’s cheapest car in its Thika plant and expects the vehicle to be made commercially.

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Egypt interim government resigns unexpectedly

As Sally Nabil reports, Hazem Beblawi did not explain why he was resigning Egypt’s interim Prime Minister Hazem Beblawi has unexpectedly announced the resignation of his government. Mr Beblawi said.

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Ugandan President Yoweri Museveni signs anti-gay bill

 The BBC’s Catherine Byaruhanga: “Many citizens are quite happy the president is defending what they say are traditional African values” Uganda’s president has signed into law a bill toughening penalties.

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Kenya To Invest $74million In Uganda Oil Refinery

Kenya has concluded plans to invest in Uganda’s proposed oil refinery project which is expected to gulp $2.5 billion, after host country offered regional nations an invitation to acquire a.

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Algeria’s President Bouteflika to run for re-election

President Bouteflika casts his ballot in local elections in November 2012 Algeria’s president, who has not publicly addressed the country for nearly three years, will be running for a fourth.

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