FG, states spend 4.3% of N13.5tr budgets on health - Less than five percent of the N13.5 trillion combined budgets of the federal and state governments will be spent on public health this year. ngolan Banks Appeal for Bailout as Oil Slump Crimps Liquidity - Angolan banks are appealing to the government to help put together a bailout package to protect account holders as lenders reel from low oil prices that make up almost all of the nation’s foreign-exchange earnings.

More than 4,000 opposition leaders will today make what they regard as the biggest declaration of political unity in their bid to defeat President Uhuru Kenyatta in the August General Election under the National Super Alliance (Nasa).

Nigerians in the Diaspora, who are desirous of investing in the $300 million Diaspora Bond would have the privilege of doing so in March, when it would be rolled out.

Kenya Airways says further retrenchments necessitated by its continuous search for “productivity and efficiency gains.”

Wits to have first deficit in 11 years, says Adam Habib; The institution owes more than R405m amid a standoff with the government over the registration of students with ballooning historic debt.

Eskom insists on undertaking the procurement of SA’s proposed new nuclear plants itself and will not give permission to the Department of Energy to run the tender process on its behalf, states a new affidavit submitted to the High Court in Cape Town on Tuesday.

Africa achieved impressive economic growth over the past 15 years with the average gross real domestic product (GDP) rising from just above 2% during the 1980-90s to above 5% in 2001-14. In the past two years, growth has been more moderate; this trend is expected to continue in 2016, but strengthen in 2017. Bright spots remain, particularly in the East, Francophone and North African regions, where growth rates of 4% and above are still being achieved. Cote d’Ivoire, Senegal, Ethiopia, Kenya, Tanzania, Mozambique and Egypt are expected to sustain high growth rates over the next 5 years. This partly has to do with the major exports of many of these economies being less impacted by declining terms of trade.

AFG Wealth is an opportunity to leverage local and global investment vehicles to invest in economic initiatives. This is a sustainable way of achieving a goal by pooling savings and investing these funds in debt-free assets that generate wealth. The current black economic empowerment model has slowed transformation and concentrated wealth in the hands of a few.

South Africa’s President Jacob Zuma survived a vote of no confidence even as finance minister Pravin Gordhan called for responsible leadership. Meanwhile the country’s business confidence fell in the fourth quarter as measured by a Rand Merchant Bank (RMB) index.

Nigeria’s forex reserves have grown by $657.7 million as of Friday, November 25, 2016 over the past four weeks. However, forex bureaus in the parallel market are finding it hard to access dollars from banks.

Barclays Bank analysts project Kenya’s economy to steadily grow despite heading into an election year backed by increased agricultural output and investments in infrastructure.

Morocco’s state airline, Royal Air Maroc, nearly doubled its 2015 profits, the company reported.

Diversification was the Catchphrase in the mouth of everyone at the recently concluded US-Africa Business Forum in New York. It’s not a new concept for discussions of Africa’s business and trade development but it has new-found resonance this year; Many leaders are focused on the need to pull away from the boom and bust cycle of commodity-driven economies common across the continent. $9.1 billion in trade and investment was mobilised to support African business sectors and setting the groundwork for even greater cooperation and connection between the economies of the United States and African continent.

Data from flight reservations show that bookings to countries in east Africa have grown even as visits to the continent’s north have declined.

Our main focus today is around banking sector in Africa, we discuss interest Capping, bad loans and their impact on the economy, Moody's Investors Service has yesterday assigned first-time ratings to Zenith Bank Plc (Zenith), Guaranty Trust Bank Plc (GTBank), United Bank for Africa Plc (UBA) and First Bank of Nigeria Limited (FBN), four leading Nigerian banks that account for approximately 48% of the country's banking assets. A full list of the banks' ratings is at the end of this press release. The ratings agencies are back in Africa; Moody’s says it has noticed financial underperformance and weak governance in SA

Interest rate caps save seven NSE-listed firms Sh800m finance costs, KCB now caps interest on mobile-based lending, Zimbabwe to introduce $75m worth of local bank notes, Tanzania-focused miner Kibo to work with GE on coal-to-power project

We begin with business news making headlines across Africa, we also look at weather updates from key African cities. Our discussion of the day is around the retails sector in Africa, specifically looking at customer experience and the common trends with regards to customer services, we had a chat with our guest from Mass mart.

- Africa's foremost thinkers on migration will convene in Addis Ababa for the Tenth African Development Forum (ADF) in Addis Ababa Ethiopia from 15-17 September, - $30 billion was pledged by the African Development Bank (AfDB), major development institutions, the private sector and African leaders at the African Green Revolution Forum (AGRF) in Nairobi, Kenya, on September 8, - AT least 11 people were confirmed dead and more than 192 injured on Saturday following an earthquake that hit Kagera and Mwanza regions in Tanzania, Kuwait has with immediate effect stopped issuance of working visas for Malawians, a senior government official has said. Minister of External Affairs and International Cooperation , - The African Development Bank (AfDB) is one the authors of the report, which looks at Progress toward Agricultural Transformation in Sub-Saharan Africa and focuses on why innovative financing is crucial for agricultural transformation, wealth creation and long-term prosperity in Africa.

Franchising is growing and Entrepreneurs in Africa are beginning to take advantage of this