Today’s headlines International: US Federal Reserve to trim stimulus in coming months (BBC) Federal Reserve officials said they plan to begin trimming the central banks stimulus efforts in the coming months. Bank of England says UK in sustained recovery (BBC) The UK is in a sustained recovery and does not face major inflation risks, Bank of England policymakers have said. Botswana: Controversy erupts over fracking in CKGR (Mmegi) Botswana has been accused of sacrificing one of the worlds most precious wildlife reserves, Central Kalahari Game Reserve (CKGR) by commercial fracking while ignoring the concerns of environmentalists and communities there that could lose access to already scarce water. Namibia: Construction to drive 2013 GDP growth (Namibian) THE construction sector will be one of the leading sectors in the Namibian economy in 2013, with both private sector and government having aggressive development plans, IJG Securities said in its latest building plans report. South Africa: Consumer inflation slows in October (Money Web) South Africas headline consumer inflation slowed more than expected to 5.5 percent year-on-year in October, compared with 6 percent in September. Zambia: K11 Billion Staked for Economic Sector (All Africa) THE Government plans to spend a total of K11.94 billion towards the economic sectors which represents 28 per cent of the budget, focusing mainly on construction. The construction industry is an important indicator of development as it creates investment opportunities across various related sectors and is poised for solid growth due to industrialisation, urbanisation and economic development. (CAM)
Posted on: Thu, 21 Nov 2013 08:13:20 +0000
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