Browsing: premium

Long gone are the days you hear of Africa and envision mud huts and malnourished babies.  Well, maybe long-gone is…

Tanzania has always run on a wider and richer path of reliable business partners, and the United Arab Emirates (UAE)…

Indeed, African governments are reaping a plethora of benefits from the inclusion by international financial markets to broaden the scope…

Kenya is among some eight countries that the United Arab Emirates (UAE) wants to deepen trade ties with, even as…

The Dubai Chamber of Commerce and Industry has been instrumental in enabling Dubai’s business sector to move forward, despite the…

Commenting on Africa’s participation at the conference and the continent’s development in general Egypt’s representative at Expo 2020, Ahmed Maghawry Diab, who is also an official from the country’s Ministry of Trade and Industry said, “…the world has started to look at Africa and rediscover it…the continent has a lot of difficulties, but it has also started to develop.”

Another optimist for the continent’s development and what it has to offer is Dr. Levi Uche Madueke, Head of the African Union (AU) Strategic Partnerships Office and AU Commissioner General for Expo 2020 said, “…Africa is undergoing a dynamic socio-economic and political transformation. There is a lot happening on the continent but the world is yet to hear all about it. It is time to take charge of Africa’s narrative and reclaim its rightful place in the global arena.”

Africa’s blue economy prospects  What if Africa could farm its oceans and reap benefits from it? Yes, research findings from African…

Numerous advantages and benefits have been proffered to explain the motives individuals have for moving their assets offshore and investing in jurisdictions other than their home countries. Standard Bank reckons that offshore investment aids in capitalizing on circumstances outside the country providing a buffer against our markets, our inflation spikes and exchange rate fluctuations.  

Essentially, offshore investment serves as a hedge against the volatility and harsh economic fundamentals in the local economy. Zimbabwe as a case in point has suffered from perennial poor economic performance for the greater part of the last two decades. The economic phase that characterized this period included compulsory expropriation of productive farmland, the expropriation of hard currency funds that were never returned, of individuals and organizations by the government to fund its operations, hyperinflation and a generally depressed economy.

No family wants to be stuck in their home and yet starve due to food security systems being shaken by…

The central bank of Tanzania (BoT) has painted the state of the economy on a different canvas.  BoT’s economic bulletin for the quarter ending June…