As concerns about commodity prices grow, Kenya’s central bank unexpectedly hiked its benchmark interest rate for the first time in over seven years to underpin inflation…
Author: Nasir Agbalaya
The fuel subsidy in South Africa has been extended. To make this happen, South Africa’s finance minister, Enoch Godongwana wrote to the National Assembly’s speaker, urging…
Tanzania has recognised that its account is suffering after posting a $1.31 billion deficit in the first three months of 2022, compared to $352 million in…
After striking an agreement with activists who had set up roadblocks at the site, Anglo-Australian multinational mining giant Rio Tinto which operates the QIT Madagascar Minerals…
Governor Godwin Emefiele said on Tuesday that the Central Bank of Nigeria has hiked its benchmark interest rate to 13% from 11.5 percent, shocking economists who…
Uganda has become the first country in East Africa to issue electronic passports to its residents. After the country phased out the old document readers, those who…
The first consignment of West African crude was sold by Aramco Trading Co., highlighting the Saudi Arabian oil giant’s trading ambitions.According to dealers familiar with the…
Crude oil is on track for a small weekly increase as optimism about demand outweighs concerns about stricter monetary policy and a slowing economy, which have…
The members of the National Union of Metalworkers of South Africa (NUMSA) in the Hlanganani region marched to the City of Tshwane’s offices, demanding that the…
Eskom has lost more generation capacity during the weekend, so South Africa’s state power provider on Sunday announced that the daily power cut for Monday and…