CONTINENTAL AFRICA CHAMBER OF COMMERCE, USA

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UP-TO-DATE BUSINESS NEWS FROM AFRICA AND THE WORLD
 
Africa Business


Latest Top (5) News


Congo-Kinshasa: General Assembly Chief Voices Deep Sadness After Deadly Boat Accident
General Assembly President Ali Treki today expressed deep sadness after learning that a boat overturned on a major river in the Democratic Republic of the Congo (DRC), reportedly killing around 140 people.

Thu, 29 Jul 2010 20:46:03 GMT


Africa: Highest Number of Bloggers in Kenya, South Africa and Nigeria
Kenya has the third highest number of blogs in Africa after Nigeria and South Africa, a firm indication of the nation's increasing IT literacy.

Thu, 29 Jul 2010 19:50:53 GMT


Ghana: Stop This Child Labour Now
The fight against child labour in Ghana has always been concentrated in the cocoa farming and fishing areas. The international press has also capitalised on this, and is churning out stories about the use of child labour on cocoa farms in Ghana.

Thu, 29 Jul 2010 19:37:17 GMT


Burkina Faso: Biofuels Could Increase Food Production, Says Report
Planting biofuel crops in Africa need not damage capacity to grow food and could even enhance food security, according to a controversial review prepared for the Forum for Agricultural Research in Africa (FARA).

Thu, 29 Jul 2010 16:05:01 GMT


Senegal: Power Cuts Frustrate Dakar Residents
Muslim imams in Senegal have called on their followers to not to pay their electricity bills in protest against frequent power outage. Power cuts in Senegal have resulted in anger and frustration in the streets of the capital, Dakar, where blackouts can last up to ten hours.

Thu, 29 Jul 2010 15:14:15 GMT

And World Business



Latest Top (5) News


Ballmer: Microsoft feels tablet 'urgency'
Microsoft Chief Executive Steve Ballmer said Thursday that the software giant is urgently working with its partners to unveil a host of tablet computers running Windows 7, to compete with Apple's fast-selling iPad.

Thu, 29 Jul 2010 17:25:16 EDT


Senator demands probe of BP tax break
Two days after BP said it will write off the cost of the oil spill cleanup against its income taxes, a U.S. senator is calling for a Congressional probe into the company's tax plans.

Thu, 29 Jul 2010 16:45:54 EDT


30-year bond yield at 1-month high
Longer-dated Treasury prices turned lower Thursday, with the 30-year yield spiking to a one-month high, as investors took in a better-than-expected report on jobless claims and prepared an auction of government debt later in the day.

Thu, 29 Jul 2010 16:38:29 EDT


Stocks edge lower
Stocks slid Thursday, although they finished off their session lows, as investors weighed cautious comments from a regional Federal Reserve president about the health of the economy and a mix of quarterly profit reports.

Thu, 29 Jul 2010 16:29:50 EDT


Citi to pay $73 million for misleading investors
Citigroup said Thursday it would pay $73 million to settle charges by the Securities and Exchange Commission that the bank, as well as two of its executives, misled investors about the company's exposure to the subprime mortgage market.

Thu, 29 Jul 2010 15:57:24 EDT