Mobile telecommunication operator MTN Group has reduced its debt further through early settlement of $300 million in euro bonds with a 2024 maturity date. The South…
Author: Nasir Agbalaya
As inflation decreases and after the country’s currency saw the highest rate of appreciation in decades, the central bank of Angola is considering lowering its benchmark…
The Reserve Bank of Zimbabwe says it had sold 4,475 gold coins by 10 August realising $3.7 billion, 90% of which was paid in local currency.…
South Africa’s biggest labour-union federation, The Congress of South African Trade Unions (COSATU), and its rival, South African Federation of Trade Unions (SAFTU), are poised for…
The 2007-2009 global recession brought many changes to the world’s economy: Output slowed, unemployment rose, and financial institutions all over the world wrestled with the threat…
According to the Reserve Bank of Zimbabwe, by the 10th of August, it had sold 4 475 gold coins for a total of $3.7 billion, 90%…
The $640 million rehabilitation of Sudan’s railway network has received Chinese support, and the country is moving through with the enormous project despite an economic crisis…
Governor John Rwan-go-mbwa announced the rise in the key policy rate from 5% to 6% in Rwanda’s capital Kigali. This brings the total number of rate…
Egypt’s cabinet said on Thursday it approved a plan to ration electricity usage aimed at saving natural gas resources for export to generate hard currency.According to…
The Central Bank of Kenya (CBK) stated in its July 2022 financial stability report that the prognosis for the Kenyan banking industry in 2022 is stable…