Search Results: "economic"
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02:22
Electricity Blackouts Hindering Economy Growth In Zimbabwe
Added 146 Views / 0 LikesSmall businesses in Zimbabwe struggling to stay afloat with constant power cuts in the country. Some industries have had to pay more money to be assured of electricity supply. The government is looking into developing 14 power projects.
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01:58
Libya’s Medical Sector Crumbles Due To Political And Economic Instability
Added 183 Views / 0 LikesAs the new Libyan government struggles to keep the country's economy afloat, and the warring parties at bay, one sector has been literally falling apart - Libya's health system. Many hospitals have been forced to shut down entire departments. With medicin
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02:02
Egypt, Cyprus And Greece Hope To Boost Economic Cooperation
Added 167 Views / 0 LikesCounter-terrorism and economic cooperation have also been on the table at a trilateral summit in Cairo. Egyptian President Abdel Fattah el-Sisi and his Cypriot and Greek counterparts have been discussing several issues, as Yasser Hakim reports.
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05:34
Fears The Black Market May Have Begun Printing Fake Bond Notes
Added 162 Views / 0 LikesUnscrupulous characters have allegedly started printing fake bond notes which they plan to coincidentally release when Zimbabwe's reserve bank issues bond notes into the economy later this month. Despite the claims, the Reserve Bank has rolled out massive
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02:54
Tobacco Farmers In Zimbabwe Call For Reform To Ensure Sustainable Production
Added 149 Views / 0 LikesZimbabwe's export earnings from tobacco have increased to over $ 700 M in the eight months to November, buoyed by higher prices and demand from China. The industry is now calling for further government reforms to ensure the sustainable production of the g
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01:59
Egypt Spends $3 Billion A Year On Subsidies To Avoid Protests
Added 154 Views / 0 LikesAt 12 million tons each year, Egypt is the largest importer of wheat in the world. Most of that is used to make a common staple food; bread. Egyptians are the world's biggest consumers of this basic food item, and to ensure there's no shortage of it, the
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02:28
Attacks Continue Despite President's Talks With Niger Delta Leaders
Added 153 Views / 0 LikesNigeria could lose over 300,000 barrels of crude oil per day of output following the latest attacks on pipelines in the Niger Delta. The vandalism could also erode confidence in the recent round of talks between the government and leaders from the oil-ric
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00:52
Nigerian Banks Restructure 70% Of Loans To Oil Sector
Added 161 Views / 0 LikesIn Nigeria, banks heavily exposed to the troubled oil and gas sector can breathe a little easier -- as 60% to 70% of loans to oil firms have been restructured. With some prodding from the Central Bank, the tenures of most loans extended to indigenous oil
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03:05
Bank Of Uganda: Economy Beginning To Gain Momentum
Added 55 Views / 0 LikesUganda is looking forward to 2017 as a year of strong economic growth. The country says negative sentiments and uncertainty dominated 2016. The election cycle also saw many investors develop cold feet but the Bank of Uganda says the economy is beginning t
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03:10
Zimbabwe Hoping To Reap Returns Of Chinese Investment In 2017
Added 48 Views / 0 LikesSince adopting the Look East policy more than a decade ago, Zimbabwe has increasingly relied on China for its economic development. In the past two years the relationship has been stepped up with the signing of multi billion deals in various sectors, whic
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00:34
Nigeria's Government Launches $15 Monthly Stipend For Vulnerable Groups
Added 142 Views / 0 LikesAs part of its efforts to improve the lives of Nigerians, President Buhari's administration has started providing 15 dollar monthly stipends to some of the country's poorest and most vulnerable communities.The first round of payouts covered nine states --
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01:57
Malawi: Government Wants Country To Be A Premier Tourist Destination
Added 38 Views / 0 LikesWe're heading south again now for another of our special reports from Malawi. The government wants to market the country as a premier tourist destination. And officials are planning to fly in some world-renowned crowd-pleasers -- to help lure visitors. CG
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01:35
Business Of Wheat In Egypt
Added 150 Views / 0 LikesEgypt's Supply Minister Mohamed Ali El-Sheikh says the country's wheat reserves will only last five months -- which isn't a long time for a country that loves its bread. So far the ministry has imported around 1 million tons of wheat, which is expected to
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02:46
Ongoing Droughts Adversely Affects Uganda Coffee Exports
Added 63 Views / 0 LikesUganda has significantly increased its coffee exports in the first two months of the coffee year. The country earned more than 74 million dollars in October and November 2016, up from 47 million dollars compared to the previous year. However this apparent
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01:15
Khartoum And Juba Extend Cross-border Humanitarian Operation
Added 146 Views / 0 LikesKhartoum and Juba have signed an agreement extending river and land transit of international humanitarian assistance for South Sudanese civilians for a six month period.This renewed agreement allows humanitarian aid to be sent to the conflict affected are
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06:31
South Africa Economy Expected To Improve Slightly In 2017
Added 134 Views / 0 LikesSouth Africa economy is expected to improve slightly in 2017, but it certainly will be another tough year. South Africa remains at risk of losing its credit ratings status, that will make the cost of debt higher, but plans are in place to turn the economy
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07:02
Airport Leading To Abuja To Be Closed 6 Weeks For Runway Overhaul
Added 150 Views / 0 LikesThe Nigerian government has announced that the airport leading to the nation's capital Abuja will be shut down from March the 8th. This is to enable authorities do a complete overhaul of the runway. During the 6 week closure, flights would now be routed t
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04:12
Uganda Financial Woes: Traders Say They Cannot Access Credit Facilities
Added 44 Views / 0 LikesThe central bank has issued a directive stopping Crane Bank from issuing letters of credit, bank guarantees, bid bonds as well as place restrictions on new loans.The directive comes after the Bank of Uganda identified that there was a continued and signif
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02:28
Chinese Foreign Minister Makes Africa Visit
Added 51 Views / 0 LikesCooperation between China and Africa has grown despite a global economic slowdown, Chinese Foreign Minister Wang Yi has said, on his tour of Africa. He left Zambia on Monday, after a two-day stop that saw him commit to expanding relations with the Souther
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00:43
President Xi Meets Visiting Zimbabwean President
Added 46 Views / 0 LikesChinese President Xi Jinping has met with visiting President of Zimbabwe, Robert Mugabe, in Beijing. Xi praised relations between China and Zimbabwe and expressed China's willingness to support Zimbabwe's development. Xi stressed that China is willing to
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02:50
China, Zambia Agree To Strengthen Their Cooperation
Added 53 Views / 0 LikesCooperation between China and Africa has grown despite a global economic slowdown, Chinese Foreign Minister Wang Yi has said, on his tour of Africa. He left Zambia on Monday, after a two-day stop that saw him commit to expanding relations with the Souther
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00:41
Chinese Foreign Minister Visits Tanzania
Added 54 Views / 0 LikesChinese Foreign Minister Wang Yi spent the afternoon in Tanzania, where he said that Chinese investment is helping 200 factories and will create 200 thousand new jobs by 2020. But some of China's biggest investments there are facing difficult times, as Da
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01:46
Egyptian Group Pool Funds For Big Parties
Added 54 Views / 0 LikesIn Egypt, hosting big parties, like weddings, can be a costly business. But one group has found a way to pool funds and ease the financial burden of big gatherings. Here's more on that story.
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01:29
Tanzania, China Celebrate 40-year Anniversary Of Railway
Added 45 Views / 0 Likes2016 marked the 40th anniversary of the completion of the TAZARA Railway - one of the most ambitious infrastructure projects in east Africa. And, it's considered to be a testament of the friendship between Tanzania and China. The anniversary was celebrate
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01:58
Fortune Hunters Flock To Madagascar Sapphire Mines
Added 52 Views / 0 LikesSapphires were first discovered in Madagascar in the late 1990s, and already the Indian Ocean island is one of the world's largest producers of the precious stones. Its 250-kilometre-long deposit is among the biggest in the world and has sparked a sapphir
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00:51
IMF Warns Forcast Growth Could Shrink Due To Slow Progress
Added 54 Views / 0 LikesThe International Monetary Fund has warned Tanzania that the country's economic policies threaten its forecast for growth in the 2016-2016 fiscal year...the country has projected growth of 7.2 percent for 2016, up from 7.0 percent in 2015. The government
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00:49
Foreign Investor Confidence In Cote D'Ivoire Remains Stable
Added 45 Views / 0 LikesA two-day mutiny by soldiers in the country have done little to dent investors' faith that President Alassane Ouattara will retain control and push ahead with reforms. Dollar-bonds maturing in 2024, 2028 and 2032 - the main exposure point of foreign portf
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02:17
Uganda Opposition Officials Dispute $1.7 Million Awarded To MPs
Added 48 Views / 0 LikesCivil society activists in Uganda are raising concerns about 1.7 million dollars that was given to government officials for their role in settling tax disputes with oil companies. The cash reward was endorsed by president Yoweri Museveni but highly critic
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03:35
Ghana's New Administration Expects Growth To Soar Above 8% In 2017
Added 157 Views / 0 LikesGhana has just come out of them with the new President, Nana Akufo-Addo, pledging to cut taxes and protect the public purse at his swearing in ceremony this past weekend. Akufo-Addo, defeated incumbent John Dramani Mahama in peaceful election a month ago.
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02:13
Floating Egyptian Currency Halves Its Value, Balloons Debt
Added 59 Views / 0 LikesThousands of Egyptian importers have been under strain by the recent government decision to float the Egyptian Pound. The step has halved the official value of the national currency leaving many with ballooning dollar debts. Importers say their crisis wil
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02:02
IMF Projects Slow Credit Growth In 2017 Due To Pre-election Jitters In Kenya
Added 139 Views / 0 LikesThe International Monetary Fund says Kenya's economy is set to slow down in 2017 as investors take a wait-and-see approach ahead of the August elections.
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02:15
Wineries Show Ethiopians The Pleasures Of Wine And Food
Added 142 Views / 0 LikesAs part of this year's Design Week Addis Ababa, wineries are educating Ethiopians about the subtle pleasures of pairing wine and food. For many in Ethiopia wine has been regarded as an unnecessary foreign influence. Coletta Wanjohi takes a closer look.
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03:11
Manufacturers Agree To Pre-pay For Power To Avoid Black-outs In Zimbabwe
Added 133 Views / 0 LikesA number of Zimbabwean businesses have agreed to pre-pay for electricity in order to guarantee uninterrupted power supply. The Confederation of Zimbabwe Industries, is an umbrella body for manufacturers. It says it's struck a deal with the local power uti
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02:33
Botswana: Government Seeks To Reduce Reliance On Diamonds And Beef Exports
Added 145 Views / 0 LikesBotswana has for decades been known for beef and diamonds. But the country recently started to reduce its reliance on the two commodities. The government is now investing heavily on technology and innovation. And Botswana is soon opening doors of its very
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01:15
South Sudan President Salva Kiir Appoints New Central Bank Governor
Added 139 Views / 0 LikesSouth Sudan's president Salva Kiir Mayardit has appointed a new team at the central bank led by Othom Rago Ajak as the new governor. The president had earlier fired the governor and deputy governor. The new appointees have been tasked with improving the e
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02:04
Egypt To Fix Exchange Rate To Help Importers With Pricing
Added 52 Views / 0 LikesEgypt has announced it will fix its customs dollar-exchange rate to help importers cope with pricing of their products. That's after the central bank floated the Egyptian pound in November.
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02:39
Ailing Industries In Zimbabwe Boosted By Controversial Import Ban
Added 193 Views / 0 LikesZimbabwe is reaping the dividends of a ban on the import of at least 40 commodities imposed last year. Despite resistance from mainly cross-border traders, the restrictions have given ailing industries a boost, as Farai Mwakutuya reports.
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02:35
South Africa: Globalisation Will Lift Millions Out Of Poverty
Added 137 Views / 0 LikesSouth Africa is well represented at the WEF 2017 & Trade Minister Rob Davies says the country hopes to raise its growth rate above one percent this year. One way to achieve this is through globalisation. CGTN's Zhang He spoke to the minister about growth
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03:37
Crunchy, Wriggly Worm Delicacies From Botswana
Added 51 Views / 0 LikesAlmost everyone in Southern Africa will tell you that you haven't lived till you've tried the Moh-pah-neh worm. Researchers in Botswana say not only is the crunchy critter highly nutritious, it's also got potential to bring in millions of dollars in reven
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02:52
U.S. President's Ancestral Home Transformed Over Past 8 Years
Added 136 Views / 0 LikesIn just a few hours, Barack Obama's second term as U.S. President will come to an end and he'll leave the White House. But thousands of miles away, in Kenya, where his father was born, his legacy will live on. What was once a sleepy village has been trans
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03:47
Nigerians Anxious Over Ties With New U.S. Administration
Added 140 Views / 0 LikesRelations between Nigeria and the U.S. were muted under the Obama presidency, due to human rights issues and the fight against Boko Haram. But relations had begun to improve with the election of Muhammadu Buhari and it was hoped a Democrat would succeed O
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03:07
Zimbabwe-U.S. Relations Remain Frosty Due To Sanctions
Added 141 Views / 0 LikesFor the past decade and half, Zimbabwe and the United States have been locked in a diplomatic row over sanctions. In 2003, the U.S. imposed trade and travel bans on senior government officials and state-run companies. President Barack Obama's administrati
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02:11
IMF Chief To Visit Uganda To Discuss Improved Lending Terms
Added 144 Views / 0 LikesUganda is hoping to make progress towards better borrowing terms as International Monetary Fund (IMF) Managing Director, Christine Lagarde visits the country. The IMF chief will be in Uganda to discuss its economic prospects at a time when businesses are
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07:55
Gambia's New Leader Urges Citizens To Return Home
Added 147 Views / 0 LikesGambia's new President Adama Barrow has declared an end to "the rule of fear". Speaking in the Senegalese capital Dakar, Barrow says Gambians have proved that indeed power belongs to the people. The Gambian leader has urged his citizens to return home and
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02:16
AU SUMMIT 2017, AU Headquarters In Ethiopia To Host Annual Conference
Added 137 Views / 0 LikesIt's set to be a busy week at the AU headquarters in Addis Ababa. Some of this year's summit themes include investing in young people, encouraging entrepreneurship, and how the AU plans to financing itself. CGTN's Girum Chala gives us an overview.
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02:55
Social Enterprise Helping Youth In South African Townships
Added 153 Views / 0 LikesA social enterprise called Houtkappers in Cape Town is empowering out of school youth from townships. The enterprise aims at enabling young people to reach their dreams and see their visions realized. CGTN's Yolisa Njamela reports
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01:18
KPMG: Audit Firms In-depth Analysis Bolsters Financial Reporting
Added 135 Views / 0 LikesAudit firms in the South African mining industry have now been put under the microscope when preparing financial statements. In an industry characterized by uncertainty, price volatility and demands to cut costs, this new push for extensive analysis comes
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2:27:03
LIVE : Parliament Discusses The Appointment Of An Interim SABC Board
Added 41 Views / 0 LikesParliament, 24 January 2017 -The ad hoc committee probing the SABC continues its deliberations in Parliament, while the communications portfolio committee will meet on Tuesday morning to discuss the appointment of an interim board for the broadcaster.
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02:51
Uganda Farmers Earn Income From Making Crafts From Banana Fibre
Added 137 Views / 0 LikesIn Uganda, a vocational centre is helping farmers earn extra income from banana stems that would otherwise be left to rot on farms. Students, especially those from underprivileged backgrounds, are also taught how to earn a living from crafts made out of b
