Black Market Forex Dealing is a Thriving Side Hustle in Harare
In April, in the government’s latest attempt to stabilise the economy, Zimbabwe’s central bank launched a new currency, Zimbabwe Gold, or ZiG. Soon after, Zimbabwean police began cracking down on informal forex dealers and arresting them in their numbers. The authorities blame illegal currency dealing for distorting the exchange rate and devaluing the local currency, […]
Amazon’s Entry into the African Market could not have Come at a Better Time
Foreign businesses looking to penetrate the African market typically go through some of the continent’s most advanced and largest markets. This was Amazon’s approach as it launched its online services in one of the continent’s largest markets; South Africa. Amazon.co.za will provide same-day and next-day delivery from over 3,000 collection stations. Customers will receive free […]
Man Accused of Illegal Logging in Liberia Now Heads Watchdog
West Africa’s most forested country has a long history of illegal logging, which the country’s regulator, the Forestry Development Authority, has repeatedly struggled to confront. So, it raised eyebrows when Rudolph Merab, whose companies were twice found to have engaged in illegal logging, was recently appointed to lead the FDA. In an interview with The […]
Kenya Airline Resumes Flights to Kinshasa
Kenya Airways says its staff in the Democratic Republic of Congo who were released on Monday had been detained because of a “misunderstanding” by the authorities. The airline says it is resuming flights to the country – which it had suspended – after the “unconditional” release of the two employees. The staff were detained last […]
How Did Chad’s Elections Pan Out?
Counting has commenced in Chad for a presidential election intended to mark the end of three years of military rule. The ballot featured 10 candidates, including one woman. With over 8 million registered voters in a country of more than 17 million, Chad stands as one of the world’s poorest nations. However, some observers faced […]
Kenyan Tea Farmers Will Earn more from the Crop
This follows a pact between Kenya and Liptons Teas and Infusions and Brown Investments. Under the new plan, the two firms will position Kenya’s Tea as a premium product to the global stage. The collaboration will see these entities partner with the local communities to enhance the capacity of the sector. It will include the […]
