The World Bank on Monday lowered its 2016 sub-Saharan African growth forecast to 3.3 percent from a previous forecast of 4.4 percent in October, citing plunging global commodity prices. The bank said the commodity price rout, particularly for oil...
Mozambique’s economy is expected to grow by just 4.8 percent this year due to the slowdown in public spending and investment and the impact of adverse weather on agricultural production, wrote the Economist Intelligence Unit (EIU). The EIU, after...
Tesla’s Model 3 electric car has been making waves since it launched just last week. It’s being whispered in many circles that the Model 3 could have as great an impact as the very first Ford Model T which was introduced into the marketplace 110...
The addition of 30 cents a litre to the fuel levy, another rise in interest rates and consignor/consignee legislation are adding layers of cost to a transport industry struggling to remain profitable. In response, small and large operators alike...