In January, President, Emmerson Mnangagwa announced a more than 100 per cent increase in fuel prices to tackle supply shortages.
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Coke in 2016, bought a majority stake in CCBA, the continent’s largest soft drink bottler
The company says the Tanzanian government was considering issuing an EPO due to alleged deficiencies at its tailings storage facility.
Ethiopia has also suspended electricity exports to neighbouring Djibouti and Sudan.
Finance Minister Mthuli Ncube tweeted that the loan had been secured from international banks
The World Bank’s International Development Association will finance a project supporting the sustainable use of natural resources
Markets remain uncertain at this point in time as to whether the weeks long US-China trade dispute actually spells trade doom.
Currently, the entire country produces 1.1 million barrels of oil per day.
When completed, the exchange can raise capital either through an Initial Public Offer (IPO) or other mechanisms
East Africa’s largest economy is seeking another credit facility since its previous 1.5 billion U.S. dollars ended last year.