Economy
May 21,
2019
Zimbabweans should brace for another hike in fuel prices as Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya Monday ordered a stop in the 1:1 exchange rate window government had…
May 16,
2019
Angola’s economy is likely to emerge from recession this year, growing at 0.3% after three years of contraction, and the debt-to-GDP ratio will fall to around 70%, Moody’s Investors Service…
May 16,
2019
President Emmerson Mnangagwa has appointed Fortune Chasi as the new Energy Minister with immediate effect. Chasi replaces Jorum Gumbo with signs the latter was being demoted for reasons that could…
May 13,
2019
Zimbabwe has started rolling power cuts lasting up to eight hours that will also hit mines, a schedule from the state power utility showed on Monday, after reduced output at…
May 13,
2019
The Nigerian government has accused former President Goodluck Jonathan and his then oil minister of accepting bribes and breaking the country's laws to broker a $1.3 billion oil deal eight…
May 09,
2019
At 1pm on Thursday May 9, South Africa's Electoral Commission results were showing the African National Congress in the lead. The country voted in national and provincial elections on May…
May 08,
2019
For the first time in three years since an armed conflict broke out in the two English-speaking regions of the North West and South West, Paul Biya, President of the…
May 08,
2019
International investigators should probe the killings of more than 200 people in Ethiopia amid a territorial dispute near the Sudanese border, a regional official said. The violence occurred on Friday…
May 07,
2019
South Africa goes to the polls on Wednesday with the leaders of the three main parties vying for votes in a race that could test the ruling ANC's long-held dominance.…
May 06,
2019
Even with a decisive election victory for South Africa’s ruling party this week, the country’s President Cyril Ramaphosa could still struggle to push through the tough reforms needed to galvanize…
May 02,
2019
Dr Abiodun Adedipe, a member of the Nigerian Economic Summit Group, says that increasing tax rates is not the cure all for growing tax revenue in Nigeria. Adedipe, also a…
Apr 28,
2019
The Nigerian National Petroleum Corporation (NNPC) has said the country’s oil production will experience a 20 million litres shortfall by 2020. The shortfall translates to 427,000 litres per day of…
Apr 20,
2019
Sudan's ousted President, Omar al-Bashir, has been moved to a prison in Khartoum, as hundreds of people staged a sit-in outside the army headquarters, calling for a quick handover of…
Apr 19,
2019
Economic disruption from uneven currency trading in Nigeria and continued electricity shortages in South Africa are set to hold back overall growth across sub-Saharan Africa this year, a Reuters poll…
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