Dollar loses might, oil crumbles on surging US stockpiles and gold flickers back to life in this week’s ecponomic review.
Browsing: Economy
External and liquidity pressures impairing government’s ability to service debt over medium-term cited as reasons
The 13.4 million dollar deal will make room for both purchasers to make significant savings in royalties paid to Vodafone
Government plans to avoid license breaches as evidenced with the Vedanta unit Konkola Copper Mines (KCM)
With the latest economic metrics pointing to signs of stability, the outlook for the Nigerian economy remains encouraging.
In January, President, Emmerson Mnangagwa announced a more than 100 per cent increase in fuel prices to tackle supply shortages.
Growth in the largest economy in Africa slowed to 2.01% during the first quarter of 2019
Finance Minister Mthuli Ncube tweeted that the loan had been secured from international banks
The state power utility attributed the cut to reduced output at its largest hydro plant at Lake Karibo.
Currently, the entire country produces 1.1 million barrels of oil per day.