BUSINESS

25/2/2015

South African budget raises taxes and cuts spending

Projected economic growth for 2015 is down to 2 per cent

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Somali authorities confiscate 25,416 bottles of liquorBy ABDULKADIR KHALIF in Mogadishu | Wednesday, February 25  2015 at  11:54

Somali airport and tax authorities destroying a consignment of illicit liquor imports in October 2014. FILE | NATION MEDIA GROUP |

Minister witnesses the impounding of illicit imports

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EU in $6.8m boost to Madagascar’s fishing industryBy RIVONALA RAZAFISON in Antananarivo | Tuesday, February 24  2015 at  13:17

Fishing gear. PHOTO | FILE |

Grant set to finance the second phase of agreements

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Nigeria adds 240MW to its electricity gridBy MOHAMMED MOMOH in Abuja | Monday, February 23  2015 at  11:29

Workers put up power lines. Manufacturing in Nigeria has been seriously hampered because of erratic power supply. PHOTO | FILE |

But overall generation of 5,500MW is far short of 36,000MW in national demand

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The hidden danger in FDIsBy ANDUALEM SISAY in Addis Ababa | Wednesday, February 18  2015 at  15:43

Oxfam International Executive Director Winnie Byanyima briefing reporters at the UN International Fund for Agricultural Development Governance Council annual meeting in Rome, Italy, February 17, 2015. ANDUALEM SISAY | NATION MEDIA GROUP |

Oxfam chief urges developing countries to guard against unhealthy competition

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