In a dramatic twist, PZ Cussons has announced plans to retain its Africa business with ambitious growth plans, citing growth in its core business in Nigeria in particular. Recall that the company had in April 2024 announced plans to strategically review its Africa operations, stating its readiness to sell its 50% equity interest in PZ…
The expiry of the African Growth and Opportunity Act (AGOA) duty-free access window presents an immediate challenge to Nigeria and Africa, particularly for African apparel exporters, a report by BMI, a Fitch Solutions Company, has said. Now that AGOA preferences have lapsed in September 2025, several countries will be forced onto Most-Favoured Nation (MFN) tariff…
The Chairperson of the African Union Commission, H.E. @ymahmoudali, today received H.E. Ms. Reem Alabali-Radovan, Germany’s Minister for Economic Cooperation and Development. Their meeting reaffirmed the strong AU-Germany partnership and underscored the need to further deepen strategic cooperation in support of Africa’s development priorities. The Chairperson welcomed the German Chancellor’s initiative in deepening relations with…
In the ongoing quest to understand South Africa’s political and economic stagnation, it may be helpful to look at other postcolonial states that have travelled further along the path of independence. This may help clarify the stagnation question that citizens, politicians and economists are grappling with. Much of the analysis of postcolonial Africa and Asia…
The G20 group of the world’s 20 most powerful economies and the African and European Unions has a group dedicated to women empowerment – the Women 20 (W20). Set up in 2015 to promote gender equality and women’s economic empowerment, it’s one of 13 official engagement groups in the “Sherpa track” of the G20. It…
Dr Chris Ettmayr, renewable energy and ICT sector manager at the East London Industrial Development Zone; Magama Makgamatho, chief knowledge and digital officer at Coega Development Corporation; and Baphelele Mhlaba, acting executive manager for economic development and sector support at the Eastern Cape Development Corporation. SA’s Special Economic Zones (SEZs), historically viewed as industrial and…
Tobacco remains a cornerstone of many African economies, yet several countries in the region continue to grapple with major public health threats linked to tobacco use. This has created a persistent conflict between economic dependence on tobacco and the urgent need to protect public health. Zimbabwe remains the continent’s largest producer of flue-cured tobacco, with its…
Deputy Chief of Staff Mr. Eliud Owalo, speaking the 29th Annual National Conference of the Institute of Human Resources Management (IHRM) in Naivasha. PHOTO/UGC. By SPECIAL CORRESPONDENT In a powerful address at the 29th Annual National Conference of the Institute of Human Resources Management (IHRM) in Naivasha, Deputy Chief of Staff Mr. Eliud Owalo has…
Nigeria will host the World Investment Summit (WIS) from April 27 to 30, 2026. The event will take place in Abuja and bring together heads of state, ministers, global investors, and business leaders. Over 80 presidents and prime ministers, 96 ministers, 800 speakers, and 8,000 delegates will attend. The summit carries a clear theme: Unlocking…
The work of the G20 finance ministers and central bank governors this year will leave a lasting legacy for Africa’s economies. South Africa must ensure it makes the most of hosting this forum and championing the continent’s development agenda. Africa’s role in world affairs has come into sharp focus during a year marked by fundamental…
