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Emerging Markets Business News
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Wednesday, 24 March 2010 20:48 |
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Harare, Zimbabwe - The International Monetary Fund (IMF) on Tuesday warned that Zimbabwe's economic recovery remained fragile and called for an urgent address of "significant policy challenges" to restore its stability.
The IMF said in a statement that Zimbabwe's coalition needed to implement radical changes in economic policy without delay, including sufficient budgetary allocations to key infrastructure rehabilitation projects and social programmes.
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Emerging Markets Business News
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Wednesday, 24 March 2010 20:41 |
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Cape Town, South Africa - The Department of Rural Development and Land reform has proposed a major overhaul of the country's land restitution and redistribution policy to speed up land reform.
The move will require a change of the Constitution.
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Emerging Markets Business News
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Wednesday, 03 March 2010 07:20 |
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Port Louis, Mauritius - A report by the World Economic Forum's Global Enabling Trade Index notes an improvement in the efficiency in regard to transport and infrastructure in Mauritius, APA notes in the Mauritius capital Port Louis on Monday.
The report " Review of Maritime Transport, observes that though the island is 33rd in the world classification, Mauritius is, by a large margin, the highest-ranked country in sub-Saharan Africa.
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Emerging Markets Business News
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Wednesday, 03 March 2010 07:15 |
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Nairobi, Kenya - The Toyota Group has launched a formal process of expanding its operations and establishing a regional headquarters in Nairobi following a request by Prime Minister Raila Odinga two weeks ago.
Representatives of the company, who arrived in the country on Monday, said they have identified some 60,000 square metres of land a long Mombasa Road from which they plan to launch their expanded operations.
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Tuesday, 02 February 2010 16:48 |
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Lagos, Nigeria - The European Union-African, Caribbean and Pacific (EU-ACP) Science and Technology Programme has provided US$1 million for research on yam improvement in six African countries, including Nigeria.
According to a statement issued here by the International Institute of Tropical Agriculture (IITA) on Monday in Ibadan in south-western Nigeria, the support is coming amid global re-awakening on the importance of yam as a food security crop in Africa.
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