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  • 01:42 Ghana Affected By Falling Oil Prices

    Ghana Affected By Falling Oil Prices

    by Headlines Africa Added 261 Views / 0 Likes

    Global oil prices have dropped to half of what they were a year ago. That has also affected smaller producers, such as Ghana. Now the country is looking for new ways of exploiting its oil reserves.

  • 01:47 Egypt Prices Surge Over Subsidies Cut

    Egypt Prices Surge Over Subsidies Cut

    by Headlines Africa Added 259 Views / 0 Likes

    Egypt's state-owned statistics agency, CAPMAS says that annual inflation for the country hit its slowest rate since March 2013. The statistics body recorded 7.9% in August compared to 8.38% in July. Yasser Hakim looks at what the impact has been on Egypti

  • 01:35 Chinese-Owned Mine Closed In Zambia Amid Plunging Prices

    Chinese-Owned Mine Closed In Zambia Amid Plunging Prices

    by Headlines Africa Added 240 Views / 0 Likes

    A Chinese-owned mine in Zambia has wound down operations, sending over 1,600 workers on forced leave. China's CNMC Luanshya Copper Mines closed Baluba mine on 7 September due to plunging prices and energy shortages. The Mine Workers' Union of Zambia (MUZ)

  • 02:44 Uganda's Low Oil Prices Provide Opportunity To Develop Sector

    Uganda's Low Oil Prices Provide Opportunity To Develop Sector

    by Headlines Africa Added 322 Views / 0 Likes

    Despite the steep decline in crude oil prices around the world, Uganda is keen to assure investors that its oil and gas sector is still open for business and attractive. The government is looking at the oil sector in the long term and investments are need

  • 01:50 South Sudan Seeking Lower Oil Transit Fee Amid Falling Prices

    South Sudan Seeking Lower Oil Transit Fee Amid Falling Prices

    by Headlines Africa Added 230 Views / 0 Likes

    South Sudan has began negotiating for a reduced oil transit fee from its northern neighbour Sudan. That's due to the sharp drop in oil prices in recent months.

  • 00:56 Nigeria's Inflation Climbs To 3 Year High On Food Prices

    Nigeria's Inflation Climbs To 3 Year High On Food Prices

    by Headlines Africa Added 152 Views / 0 Likes

    Nigeria's inflation rate accelerated to a three-year high in December, increasing by 9.6 percent on an annualized basis, compared with 9.4 percent in November. The country's statistics office said food prices rose in Africa's biggest economy and oil produ

  • 03:54 Falling Commodity Prices Hurting African Economies

    Falling Commodity Prices Hurting African Economies

    by Headlines Africa Added 192 Views / 0 Likes

    A dip in global commodity prices has subjected many African economies to economic slowdown. African states must now implement smart spending schemes to cope with the situation. Here is part of a converation with Nkosozana Dlamini-Zuma.

  • 03:16 Zimbabwe's Mining Sector Down 7% As Commodity Prices Plummet

    Zimbabwe's Mining Sector Down 7% As Commodity Prices Plummet

    by Headlines Africa Added 148 Views / 0 Likes

    Revenue in Zimbabwe's mining sector dipped 7 percent in 2015 on the back of depressed global commodity prices and reduced output of major minerals. Zimbabwe's mining has been stuttering due to a shortage of capital, intermittent power supplies and fears o

  • 00:32 DR Congo Government To Slash Spending Due To Low Commodity Prices

    DR Congo Government To Slash Spending Due To Low Commodity Prices

    by Headlines Africa Added 300 Views / 0 Likes

    The Democratic Republic of Congo's government is proposing slashing its 2016 budget by 22%. This is because of low global commodity prices that have led to suspension of some mining activities and closure of some businesses. Congo is Africa's leading copp

  • 02:07 High Prices And Currency Crisis Cripple Zimbabwe’s Tourism Industry

    High Prices And Currency Crisis Cripple Zimbabwe’s Tourism Industry

    by Headlines Africa Added 208 Views / 0 Likes

    Stakeholders in its tourism sector have been encouraged to streamline their operations in response to a drop in revenue in the once-booming industry. Some suggestions are, upgrading payment systems and reducing prices for domestic tour packages.

  • 03:50 Egypt To Raise Electricity Prices In The Next Few Days

    Egypt To Raise Electricity Prices In The Next Few Days

    by Headlines Africa Added 216 Views / 0 Likes

    The Egyptian government is planning to raise electricity prices. It's part of a 5-year plan to reduce energy subsidies, which consume nearly 20-percent of state expenditure. Meanwhile, the low international oil price has eased the burden on the state budg

  • 01:48 Retail Prices Soar As Inflation Spikes In South Sudan

    Retail Prices Soar As Inflation Spikes In South Sudan

    by Headlines Africa Added 199 Views / 0 Likes

    As residents of South Sudan's capital Juba slowly begin to return to their homes, they are forced to contend with hunger amid high inflation escalated by the recent fight. [Retailers say prices have doubled since the clashes began last week. CCTV's Patric

  • 02:15 Food Prices Rise As A Stubborn Drought Continues To Bite

    Food Prices Rise As A Stubborn Drought Continues To Bite

    by Headlines Africa Added 247 Views / 0 Likes

    Food prices have risen by an average 11 percent in the past year. The increase is largely a result of prolonged drought conditions and it's likely to get worse. The South African Reserve Bank expects food inflation to peak at around 12-point-6 percent by

  • 02:20 Prices Of Basic Commodities Soar On Weaker Currency In DRC

    Prices Of Basic Commodities Soar On Weaker Currency In DRC

    by Headlines Africa Added 239 Views / 0 Likes

    Residents of the DRC capital Kinshasa say they're struggling to cope with inflation, as a weakening Congolese franc has led to higher prices of food and other basic commodities. Analysts say the Congolese franc has lost more than 6 per cent of its value a

  • 02:21 Growing Demand For Wheat In Uganda Could Cause A Spike In Prices

    Growing Demand For Wheat In Uganda Could Cause A Spike In Prices

    by Headlines Africa Added 198 Views / 0 Likes

    Officials in Uganda say the amount of wheat being imported into the country has more than doubled since 2010...Those working in the industry say the growing demand - and the fact nearly all of Uganda's wheat comes from abroad - could see an increase in pr

  • 01:17 Nigeria's Central Bank Governor Warns Of Wider Deficit Unless Oil Prices Rise

    Nigeria's Central Bank Governor Warns Of Wider Deficit Unless Oil Prices Rise

    by Headlines Africa Added 199 Views / 0 Likes

    Nigeria's central bank governor, Godwin Emefiele has been criticized for his handling of the country's foreign exchange policy. Despite adopting a flexible exchange rate policy in June this year, the naira has continued to slide against major currencies l

  • 02:33 Nigeria's Maize Prices Shoot Up By 60% In The Last Year

    Nigeria's Maize Prices Shoot Up By 60% In The Last Year

    by Headlines Africa Added 162 Views / 0 Likes

    The price of maize in Nigeria has gone up by nearly 60 percent in the last year. Coupled with already high inflation, experts warn of a food security threat in Africa's most populous country. Sophia Adengo reports from Abuja

  • 02:05 Tunisia Clamps Down On Monopolies To Ease Food Price Pressure

    Tunisia Clamps Down On Monopolies To Ease Food Price Pressure

    by Headlines Africa Added 147 Views / 0 Likes

    Six years after the 2011 unrest in Tunisia, the purchasing power of millions of people has decreased. Food prices have skyrocketed causing widespread anger on the streets. The government has reacted, waging a national campaign to control food prices by ta