Somalia has signed a $306.5 million debt relief agreement with the Arab Monetary Fund (AMF), marking a significant step in the country’s ongoing economic reform agenda.…
Browsing: Finance
Mauritius’ former finance minister, Renganaden Padayachy, and the ex-governor of the Bank of Mauritius, Harvesh Seegolam, have been arrested in connection with an ongoing corruption investigation,…
South Africa’s Finance Minister, Enoch Godongwana, unveiled a revised budget on Wednesday, scaling back a previously proposed value-added tax (VAT) increase. However, the plan was met…
Negotiations over the transfer of the Chagos Islands from Britain to Mauritius are focused on more than financial compensation, according to Mauritius’ Prime Minister Navin Ramgoolam…
Egypt has signed a $2 billion conventional and Islamic loan with several international and regional banks in a deal coordinated by two UAE lenders, according to…
South Africa’s Finance Minister, Tito Mboweni has rebuked Zambian President, Edgar Lungu for firing the country’s central bank governor. Lungu abruptly terminated Bank of Zambia Governor,…
South Africa has almost doubled its funding for the national airline to 16.4 billion rand ($1.1 billion), cash which will go towards supporting a restructuring plan…
Eskom’s urgent bid for larger electricity tariff increases has been rejected by the Pretoria High Court in a fresh setback for the cash-strapped South African power…