Economy News Updates

Latest Economy news headlines.
Find List of Economy Trends 2024 from various News Websites / Blog / Articles
 

SA to establish a Green Hydrogen Skills Centre to plug the skills gap

The Chemical Industries Education and Training Authority (Chieta) will lead the establishment of a Centre of Specialisation for Green Hydrogen Skills to close the hydrogen skills gap and ensure South Africa had the 138 skills to grow the hydrogen
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19 Apr 2024

New seasonal London Gatwick CPT route widely welcomed

A strategic partnership between Cape Town Air Access and European carrier, Norse Atlantic Airways which will see the addition of three-weekly seasonal flights between London and Cape Town (CPT) marks a milestone in the Mother Citys efforts to bols
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19 Apr 2024

Travel and tourism sector to break all records - WTTC

The World Travel Tourism Council (WTTC) is projecting a record-breaking year for travel and tourism in 2024, with the sectors global economic contribution set to reach an all-time high of US$11.1 trillion. According to the global tourism bo
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19 Apr 2024

IRENA: Kenya to host Apra conference in September to aid Africa's green finance

Kenya will host an Accelerated Partnership for Renewables in Africa (Apra) Investment Forum in Nairobi in September to foster a conducive policy environment for energy development and facilitate investment.This was announced on Thursday at
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19 Apr 2024

Chinese economy performs better than forecast

China's economy performed better than the expected outlook during the first quarter of 2024. The countrys GDP grew by 5.3% year-on-year (y-o-y), up from 5.2% during the fourth quarter of 2023, according to the Bureau for Economic Researchs
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19 Apr 2024

South Africa's grim legacy of load shedding

In 1994, apartheid ended and the ANC won South Africa's first-ever democratic elections, promising "Electricity for All" as part of its Reconstruction and Development Programme . Back then, only 36% of all South Africans had ele
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19 Apr 2024

Dangote's bid to merge sugar, salt, rice businesses hits brick wall

The bid by Africa's richest man, Aliko Dangote , to merge his sugar, salt and rice companies into one for improved efficiency and robust consolidation will not proceed for now. Integrating the entities would have enabled Dangote Sugar, Nasc
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19 Apr 2024

Huawei Launches $10 Million Startup Program in Nigeria to Drive Innovation

Huawei Launches $10 Million Startup Program in Nigeria to Drive Innovation The initiative aims to fuel innovation and growth by providing startups with access to advanced cloud resources and fostering a supportive environment.
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19 Apr 2024

Concourt ruling paves way for retrenchment of 400 Coca-Cola employees after merger

THE Constitutional Courts ruling in favour of Coca-Cola Beverages Africa (CCBA) to retrench 400 employees has made a precedence-setting judgment, giving merged entities some leeway to lay off workers post merger proceedings.This comes after
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19 Apr 2024

FG Mulls Tax Incentive Measures To Boost Economic Growth

LAGOS Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government intends to reduce the cost of tax expenditures and ensure that tax incentives have a positive impact on the economy. Edun, said this while disc
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19 Apr 2024