Zambia’s government needs to devise expenditure strategies that will cushion the impact of three Eurobonds interest payments totalling US$240mn annually
Finance
Barclays likely to expand presence in Africa
Banking major Barclays Africa Group Ltd., has revealed that it is in talks to buy its parent company’s operations in Egypt and Zimbabwe, expand in Nigeria too
Driving investment in Ghana
In its drive to promote investment in Ghana, the Ghanaian government has assured both local and foreign investors that it will ensure businesses across the country are not expropriated
NEC invests in XON to enhance growth in Africa
NEC Europe has invested in sub-Saharan ICT group Xon to develop an integrated market approach that would accelerate regional growth in a range of high-capacity sectors
Zimbabwe Stock Exchange launches automated trading system
The Zimbabwe Stock Exchange (ZSE) has launched its automated trading system that will enable all transactions to be done electronically from the previous manual system, according to Lina Mushanguri, ZSE, business development executive