ITME Africa 2023 to equip & enhance Kenya’s Textile Production Prowess

Africa Business India ITME Society, a non-profit apex industry body successfully concluded the “Curtain Raiser & Preview” of the 2nd edition of ITME Africa & Middle East 2023 on Tuesday 3rd October 2023, to be held one month hence from 30th November 2nd December 2023 at Nairobi, Kenya. Left to right Mr. Richard Cheruiyot, Board Chairman of the Export Processing Zones…

Climate change among top 3 concerns for South Africans

Bizcommunity.com Epson’s latest Climate Barometer survey found that climate change is the third most pressing concern facing South Africans, after poverty (68.4%) and the rising prices of goods and services (64.2%). 58% of respondents cited climate concerns as one of the biggest issues facing the world today.  The predominant sentiment among South Africans regarding climate…

Small-scale mechanisation in Zimbabwean farming: boosting production

Ian Scoones, The Zimbabwean Following the introduction to the blog series last week, this blog focus on how small-scale mechanisation is boosting production across our sites. Processes of intensification and commercialisation are driving demand for a variety of forms of mechanisation to assist with tillage, irrigation, seeding and harvesting. This is especially apparent in the A1 resettlement…

AFRICA-FX- Most African currencies seen weakening, Ghana and Tanzania steady

Reuters NAIROBI, Oct 19 (Reuters) – Kenya’s shilling, Zambia’s kwacha, Nigeria’s naira and the Ugandan shilling are forecast to lose ground against the dollar in the next week to Thursday, traders said. KENYA Kenya’s shilling is expected to weaken due to persistent demand for dollars from the manufacturing and energy sectors. Commercial banks quoted the…

SA braces for yet another interest-rate hike

Bizcommunity.com Amidst soaring global oil prices, a bird flu outbreak, and a fluctuating rand, the South African Reserve Bank (Sarb) is set to implement another 25 basis points interest-rate hike in November.This is the forecast by Bank of America’s (BofA) global research emerging insight report South Africa – All change, not done hiking. Driven by the…