adminInvestment laws hinder capital inflows: Experts
From Patrick Chitumba in Victoria Falls FOREIGN investors are looking for flexible laws in African countries in order to realise profit and security for their investments, a legal officer said.
Futures hold gains after data
ATHENS — Marketing Greece, the newly formed organisation that represents the private sector of the Greek tourism industry, has welcomed the news that the country experienced last month its best…
Asian shares hit by Fed taper talk, Tokyo up on weak yen
TOKYO — Asian shares slipped yesterday after minutes from the Federal Reserve’s latest meeting showed it was considering winding down its stimulus “in coming months”.
Farmers’ blockade in Paris leaves one dead
PARIS — The French government yesterday called on farmers blockading key access roads around Paris to stop their demonstrations, after one man died and six were wounded in two separate…
UK population growing faster than any other EU country
BRITAIN had Europe’s fastest growing population last year in terms of absolute numbers of people, according to European Union statistics.
Nigeria orders extra 30m barrels of fuel
NIGERIA has granted licences to nearly 50 companies to import 30 million barrels of fuel — around 3.5 million tonnes — before the year-end despite large stocks sitting offshore, industry…
Labour market firming, but inflation still benign
THE number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting some strengthening of labour market conditions.
Energy firms ‘make £650m from incorrect bills’
A SURVEY suggests energy companies pocket millions each year by overcharging a third of customers by £121 on average. Energy companies make £650m by a year from billing errors, with…
Profit gains on African demand for cans
JOHANNESBURG — Nampak Ltd, a South African maker of packaging and beverage cans, said full-year earnings gained 7 percent after the company expanded operations in fast-growing African economies.
BoJ holds fire on stimulus, says economy recovering
TOKYO — The Bank of Japan on Thursday held off announcing any fresh measures to stimulate the economy, saying it was “recovering moderately” and that efforts to stoke inflation were…