Zimbabwe Has Largest Informal Economy in Continent – IMF

[The Herald] Zimbabwe has the second largest informal economy as a percentage of its total economy in the world, after Bolivia, the International Monetary Fund has said. In a working paper titled, “Shadow Economies Around the World: What Did We Learn O…

[The Herald] Zimbabwe has the second largest informal economy as a percentage of its total economy in the world, after Bolivia, the International Monetary Fund has said. In a working paper titled, "Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?" in which 158 economies were studied, Zimbabwe, with a score of 60,6 percent, came second to Bolivia which topped at 62,3 percent.

source: AllAfrica News: Zimbabwe

Blast Kills Two Kenyan Soldiers, Injure 3 Others Near Border Town

[Shabelle] Two Kenyan soldiers died and three others sustained injuries when a vehicle they were traveling in was hit by an improvised explosive device (IED) near the border with Somalia on Saturday.

[Shabelle] Two Kenyan soldiers died and three others sustained injuries when a vehicle they were traveling in was hit by an improvised explosive device (IED) near the border with Somalia on Saturday.

source: AllAfrica News: Somalia

Hotel Owners Feel Pinch of Biting Water Shortage

[Nation] More than one million people in Mombasa and Kilifi counties have been hit by water shortage following power disconnection at Baricho Water station more than one week ago.

[Nation] More than one million people in Mombasa and Kilifi counties have been hit by water shortage following power disconnection at Baricho Water station more than one week ago.

source: AllAfrica News: Kenya

Zimbabweans to Invest On the Local Bourse

[New Times] Zimbabwean companies are looking to invest on the local stock market. Officials from the Zimbabwe National Chamber of Commerce say they have been attracted to Rwanda by the country’s good ranking in the annual World Bank Doing Business repo…

[New Times] Zimbabwean companies are looking to invest on the local stock market. Officials from the Zimbabwe National Chamber of Commerce say they have been attracted to Rwanda by the country's good ranking in the annual World Bank Doing Business reports.

source: AllAfrica News: Rwanda

How Melinda Gates Plans to Promote Growth in Africa

[Nation] Mrs Melinda Gates, the co-chair of the Bill and Melinda Gates Foundation, last week made her fourth trip to Kenya to launch a new initiative meant to promote use of technology in reducing poverty, called ‘Pathways for prosperity’.

[Nation] Mrs Melinda Gates, the co-chair of the Bill and Melinda Gates Foundation, last week made her fourth trip to Kenya to launch a new initiative meant to promote use of technology in reducing poverty, called 'Pathways for prosperity'.

source: AllAfrica News: Kenya

Brexit Blessing in Disguise for Kenya Fresh Produce Exporters

[Nation] As the United Kingdom and the European Union finalise on the withdrawal of the former from the bloc, where will the UK turn to replace the market it will lose from the Eurozone?

[Nation] As the United Kingdom and the European Union finalise on the withdrawal of the former from the bloc, where will the UK turn to replace the market it will lose from the Eurozone?

source: AllAfrica News: Kenya