Economy

Free trade in Africa promises boost to intra-regional business

aumeetAfrica's intra-regional trade was expected to increase by US$34.6 billion in 2022 with establishment of the Continental Free Trade Area (CFTA)

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US$40 million AfDB fund supports Malawian budget

Malawi AfDB and ADFMalawi has been granted approximately US$40 million by The African Development Fund (ADF), part of the African Development Bank (AfDB), to cushion vulnerable groups from the negative impacts of recent economic reforms

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Sudan puts economic hopes in US$1 billion sugar factory

Sudan_sugar_refinery_open_-_ATR_-_12.7Sudan has opened its long-awaited US$1 billion White Nile Sugar factory, which is expected to lift the country out of its current economic decline

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Tax relief proposed to encourage South African MNC trade across continent

rand_Heather_DowdExperts have welcomed proposals on double taxation in the Taxation Laws Amendment Bill released by the South African National Treasury to aid the country's multinational companies do business across the African continent

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Zimbabwe Stock Exchange to introduce automated trading system

Zimbwabe_stock_exchangePlans are underway to introduce an automated trading system to the Zimbabwe Stock Exchange (ZSE), after the manual operations have impacted on the growth of the exchange

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