Business

Sub-Saharan Africa stocks bullish in Q1

Southern Times Correspondent Harare. — The first quarter of 2019 saw most of the SubSaharan African stock markets recording positive returns. The regional stock markets exhibited bullish trends with the Kenya, Uganda and South Africa stock exchanges gaining 12 percent, 8 percent and 5 percent in the quarter. ...Read More

Namibia slips in ease-ofdoing-business ranking

Windhoek. — The di culty of starting a business in Namibia has dramatically dropped the country’s global ranking in the last ve years, falling from 132nd (out of 189 countries) to 172nd position (out of 190 countries), according to the World Economic Forum’s Global Competitiveness Report (GCR). ...Read More

Four gold mines to start operating this year in Angola

The Chipindo gold deposit exploration project in Huíla province is expected to make US$64 million a year from the sale of 53 600 troy ounces, an o cial from Empresa Nacional de Ferro de Angola (Ferrangol) said in Luanda on Monday. ...Read More

Mozambique central bank holds interest rates steady

Maputo. — The Monetary Policy Committee (CPMO) of the Bank of Mozambique, meeting in Maputo on Thursday, decided to leave all the bank’s interest rates unchanged. Thus the Interbank Money Market Rate (MIMO), used by the central bank for its interventions on the interbank money market to regulate liquidity, remains at 14,25 percent. ...Read More

Female MPs failing the gender fight

Windhoek – Namibian female parliamentarians representing the ruling party, Swapo, in the National Assembly (NA) have not raised a single motion related to gender equality and women political participation in Parliament in the past five years, from 2015 to 2018. ...Read More

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Poachers have broken into Botswana’s p Read more...

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We commend leaders of the five SADC memb Read more...

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African sovereign funds represent only 3 Read more...

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