Market News

 Oromia is conducting a study which could lead to the establishment of an autonomous body that will be fully in charge of industrial development in the region, instead of the Industry & Urban Development Bureau as is the case now. This follows from Addis Abeba, which set up the Industry Develo . . .

 Today's Africa is one of the most sophisticated, diverse and promising emerging markets globally. Africa is a key investment location, both for the market opportunities that lie within its borders and as a gateway to the rest of the continent, a market of about1- billion people. East Africa i . . .

 Africa and China signed new strategic agreements after a meeting between President Jacob Zuma and his Chinese counterpart Xi Jinping in Beijing on Thursday, the Presidency said in a statement on Thursday. The agreements aim to strengthen bilateral relations, trade co-operation and create sust . . .

 South Africa has approved guidelines for the new Medium and Heavy Commercial Vehicles-Automotive Investment Scheme (MHCV-AIS), expected to stimulate investment in the production of vehicles. The MHCV-AIS is a sub-component of the Automotive Investment Scheme, an incentive administered by the . . .

 President Jacob Zuma is, this month, October 2014, prioritising the economy and local government. In his State of the Nation address delivered in June 2014, Zuma said the economy would take centre stage this term and announced a target of 5% growth by 2019. He also announced that local govern . . .