South Africa’s Q2 unemployment rate increases to record high

By XINHUA South Africa’s unemployment rate increased to 34.4 percent from 32.6 percent in the second quarter of 2021, data released by Statistics South Africa (Stats SA) revealed on Tuesday. This was the country’s highest joblessness rate since the first quarter of 2008. Releasing the report, Statistician General Risenga Maluleke said unemployment went up by 584,000…

UNITEL launches mobile money service in Angola empowered by Huawei

By XINHUA UNITEL on Monday launched a digital money service dubbed, “UNITEL Money” in Angola, the UNITEL’s press office confirmed here to Xinhua. The service allows users to make deposits, withdrawals, transfers and payments via mobile phone, without needing a bank account. The “UNITEL Money” technology platform is empowered by Huawei, with whom UNITEL has been…

Kenya to leverage special economic zones to woo foreign investors

By XINHUA Kenya plans to leverage its special economic zones (SEZs) in order to attract foreign investors who will establish manufacturing plants in the country, a government official said on Monday. Betty Maina, Cabinet Secretary of Ministry of Industrialization, Trade and Enterprise Development said that the SEZs will provide private firms with fiscal incentives and world-class…

One dead, hundreds displaced by flooding in northern Ghana

By XINHUA Heavy flooding in northern Ghana’s Upper West region claimed one life and displaced hundreds, officials confirmed Saturday. Ahmed Mustapha, the Regional Coordinator for the National Disaster Management Organization (NADMO), said an 80-year-old woman died and 19 communities were submerged under floods following a heavy downpour on Friday. “At least 323 people were displaced as…