Beijing declaration, action plan adopted at FOCAC summit
BEIJING. — A declaration and an action plan were adopted Tuesday at the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) in the Great Hall of the People in Beijing.
JUST IN: Cement shortage, PPC calms the market
THE country’s largest cement manufacturer, PPC Zimbabwe, has said the market has no reason to engage in panic buying of cement and advised retailers to act responsibly in pricing the commodity to avoid distorting the market.
admin
- businessweekly
- September 4, 2018
- 454 views
Africa’s insurance industry poised for further growth – PwC
JOHANNESBURG-The opportunities for growth in Africa’s insurance industry are huge despite recent economic and political uncertainty.
- businessweekly
- September 4, 2018
- 475 views
China Is Loaning Billions of Dollars to African Countries
NEW YORK, Next week, China will host leaders from across Africa for a summit in Beijing. The last summit was held in December 2015 in Johannesburg, South Africa, where Chinese…
- businessweekly
- September 4, 2018
- 568 views
African Sun earnings vault 672%
Enacy Mapakame BH24 Reporter Hospitality group, African Sun Limited reported earnings growth for the half year to June 30, 2018 after operating profit surged 672 percent to $3,8 million on…
- businessweekly
- September 4, 2018
- 365 views
Banks to fund soya beans production
Martin Kadzere BH24 Reporter ZIMBABWE’S cooking oil manufacturers have engaged local banks to fund soya bean growers to boost supply of the commodity to their crushing mills, an industry representative…
- businessweekly
- September 4, 2018
- 226 views
ZSE turnover falls 57,27%
Golden Sibanda BH24 Reporter TURNOVER on the Zimbabwe Stock Exchange (ZSE) dropped 57,27 percent $51,16 million in August driven by trades in heavyweight counters with most market indicators treading in…
South African president rejects claims of Chinese “colonialism”
BEIJING. — South African President Cyril Ramaphosa on Monday dismissed allegations of China practicing colonialism in Africa, saying China instead has been a partner in boosting social and economic development on the continent.
AU chair calls China’s engagement in Africa “deeply transformational
BEIJING. — Rwandan President Paul Kagame, who is also rotating chair of the African Union (AU), said here Monday that China’s engagement in Africa has been “deeply transformational both internally and with respect to Africa’s global position.”
AU Commission chair calls for more development synergy between China, Africa
BEIJING. — Chairperson of the African Union (AU) Commission Moussa Faki Mahamat on Monday praised China’s support for Africa and urged the two sides to further align their development endeavours.