Search Results for: Zambia

WITH tobacco being a key driver of Zambia’s agriculture sector and a past reliable source of export earnings, a recent decline in leaf production has taken a heavy toll on this southern African country’s economy. Indeed, Zambia saw its agricultural foreign exchange earnings (of all farm-based products) fall by USD100 million in 2017, according to Zambia’s agriculture ministry.…

SOUTH Africans are boosting their spending on cosmetic surgical and non-surgical procedures, with their national market expected to generate South African Rand ZAR94.15 million (USD7.1 million) in annual receipts by 2024. This reflects a 5.8% annual growth rate from the ZAR61 million (USD4.6 million) spent in 2016, according to US-based market research and consulting company Grand View Research, in figures released in July (2017).…

THE EVER-intensifying skyline of Nairobi, Kenya’s capital city, illustrates the rapid economic growth of this equatorial East African country, and its growing workforce is increasingly keen to buy deodorants to keep them dry and comfortable in the office and outside.

An increased focus on banking, industry, manufacturing and construction have raised the country’s gross domestic product (GDP) by 5.3% year-on-year in 2014 and 5.6% in 2015 (Deloitte Economic Outlook 2016).…

Demand is growing for a major international programme designed to support developing countries build up their tax audit capacity and – critically – the funding is there to meet that need. Launched as a joint initiative of the Organisation for Economic Co-operation & Development (OECD) and the United Nations Development Programme (UNDP) in July 2015 after an initial pilot phase, Tax Inspectors Without Borders (TIWB) sees tax experts work side-by-side with local officials in developing and emerging markets.…

KENYA’S EDUCATION MINISTER CALLS FOR LESS GOVERNMENT MEDDLING IN AFRICAN UNIVERSITY MANAGEMENT

Kenya’s education minister has called for African governments to pull away from direct management of their country’s universities, saying such meddling is unnecessary and can hinder the development of effective management.…

Mwana Africa’s Zimbabwe subsidiary Bindura Nickel Corporation (BNC) says it is on course to restart its nickel smelter in the first half of this year as the nickel giant moves to increase revenue and cut operating costs. The company plans that it will initially produce high quality nickel cathodes, copper sulphide and cobalt hydroxide, processing 195,000 tonnes of ore per quarter year.…

The Open University of Tanzania (OUT) is reaching out to higher education institutions in other neighbouring countries to establish collaborations that will encourage more foreign students to enroll for distance learning.
University vice chancellor Professor Tolly Mbwette said the institution’s board hoped to spread its influence regionally: “We are now the largest distance learning university in the region and our plan is to take distance learning to most countries in East Africa and those under the Southern African Development Community [SADC] by 2016.”…

GREATER integration and cooperation among African states is needed to boost business and investment in the cotton, textiles and apparel sector of the continent, a three-day industry conference in Nairobi, Kenya, was told.

The Origin Africa event from November 10-12 brought together clothing and textile industry players and experts heard that national cotton apparel and fabric sectors within Africa were duplicating products when a collaborative approach could be more effective.…

Zambia’s vice-president Guy Scott has said his government would attempt to seek agreement with the China Nonferrous Mining Corporation Limited (CNMCL) after the Zambia Environmental Management Agency (ZEMA) shut down construction operations for a new copper mine. Telling MPs in Zambia’s parliament that the halt of work on the Chambishi Southeast Mine Project of CNMCL subsidiary NFC Africa Mining would have a “negative bearing on tax collections and employment”, risking more than 1,500 jobs, he said a government minister would be charged with resolving the problem.…

Botswana’s first private university, the Malaysian-owned Limkokwing University of Creative Technology (Limkokwing Botswana), has continued to flex its muscles in this diamond-rich Southern Africa nation, taking advantage of a fast growing tertiary education sector. Botswana’s college and university student (aged 18-24) enrollment has grown from 11.4% in 2007/08 to 16.4% in 2012, or 46,613 students.…