The number of unemployed people in South Africa increased in the first quarter of this year, mainly due to seasonal changes, official data showed on Tuesday. Statistics South Africa said the official jobless rate went up to 25.0 percent of the labour force in the first quarter of 2011 from 24.0 percent in the fourth quarter. This pushed the number…
Kenya’s energy regulatory body lowered the price of diesel and kerosene slightly on Tuesday after the finance ministry cut excise tax on the two products last month, but the regulator left petrol prices unchanged. The Energy Regulatory Commission said the new prices would come into effect on May 4. Fuel prices can have a significant impact on the rate of…
Heineken NV, the world’s third-largest brewer, has won a bid to purchase two state-run breweries in Ethiopia for $163.3 million, an Ethiopian official said on Tuesday. “Heineken’s bid was successful. They will receive an official letter of confirmation either today or tomorrow,” Wondafrash Asefa, spokesman for the Privatisation and Public Enterprise Supervising Agency, told Reuters. The giant brewer said on…