the Retail community of Africa

Malawi: Kwacha devaluation causes panic

Fri, 20 Nov 2009 11:54:00 +0200

The government's decision to devalue the local currency, the Malawi Kwacha, last week has sparked fears that it might affect interest and inflation rates.
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Zim: Retailers get into the festive mood

Fri, 20 Nov 2009 11:49:00 +0200

For Zimbabweans, Christmas has of late never been this merry: over the past decade, they have had to battle a hyperinflationary crisis that made it impossible to budget for festivities, while retailers shunned festive season indulgences for customers. Then there were empty shelves to contend with over the last two years.
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SA, Nigeria to further open up trade, investment

Tue, 17 Nov 2009 10:16:00 +0200

PRETORIA: South Africa is looking forward to working with Nigerian businesses to further open up trade opportunities and allow investment to grow between the two countries, says Deputy President Kgalema Motlanthe.
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Chinese to boost agriculture in Mozambique

Fri, 13 Nov 2009 10:08:00 +0200

A Chinese centre for research and transfer of agricultural technology is set to open in Mozambique in early 2010. The facility will use China's farming expertise to boost the African country's agricultural productivity by improving cultivation methods and training local scientists and farmers.
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Food crisis worsens in Africa

Thu, 12 Nov 2009 08:09:00 +0200

Pervasive high food prices are putting millions of people in dozens of poor countries at risk of critical food insecurity, according to the United Nations.
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Somali livestock sales boosted

Thu, 12 Nov 2009 08:06:00 +0200

Sales of Somali livestock have seen a sudden increase over the past few days since Saudi Arabia lifted a nine-year ban on imports of the kind from Somalia last week.
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Retailers bring back credit to lure customers

Tue, 10 Nov 2009 07:27:00 +0200

Zimbabwe's retailers, which had withdrawn credit facilities due to a hyperinflationary crisis, have brought back the credit terms for retail customers.
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Academics support African growth strategies

Tue, 10 Nov 2009 07:13:00 +0200

The International Growth Centre (IGC), directed and organised by the London School of Economics (LSE) and Oxford University, will host their first Africa-focused session on 13 November 2009 at the annual African Economic Conference (AEC).
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Lesotho: A mountain of challenges

Mon, 09 Nov 2009 12:30:00 +0200

JOHANNESBURG: The UN World Food Programme (WFP) has been feeding people in Lesotho since 1965, yet the tiny mountain kingdom is still not much closer to achieving food self-sufficiency. Time to overhaul the approach, aid agencies say.
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MNA needs stronger private sector - WB

Mon, 09 Nov 2009 07:21:00 +0200

CAIRO: A new report released by the World Bank's Middle East and North Africa (MNA) region, From Privilege to Competition: Unlocking private-led growth in the Middle East and North Africa, has found that the private sector is not yet generating enough jobs and sustaining higher growth in the region.
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