Kenyan Shilling Holds Steady in the New Year
05/01/2016In the light of the New Year, the Kenyan shilling was steady on Monday as traders say they expect the currency to trade in a narrow range in the coming.
In the light of the New Year, the Kenyan shilling was steady on Monday as traders say they expect the currency to trade in a narrow range in the coming.
The Zambian President has recently reversed a sharp increase in electricity tariffs aimed at generating revenue for investment in additional supply, saying the hike had ended up hurting the poor..
Congo Republic’s President Denis Sassou Nguessohas recently said he would call an election sometime in the first quarter of next year, several months ahead of schedule. Sassou Nguesso, who has.
A team of rebel officials landed in South Sudan’s capital Juba on Monday to prepare for the return of the rebel leader next month and the formation of a transitional.
As part of efforts to boost productivity and marketing opportunities for farmers, Nigeria and Ethiopia are in the process of entering into a technical partnership for joint trading of commodities.
Zambia, Africa’s second largest copper producer, has recently announced that it will introduce a variable tax on mineral royalties that will be adjusted according to metal prices. Government spokesman Amos.
In a bid to support local manufacturing and better preserve its dwindling foreign currency reserves, the central bank of Egypt has in a statement said that it will tighten import.
Nigerian President Muhammadu Buhari has recently said that the country expects its budget deficit to double to 2.2 trillion naira ($11 billion) in 2016 as the government plans to revive.
Benin’s Prime Minister Lionel Zinsouhas recently said he would run for president on behalf of the ruling party in an election next year, burying fears that President BoniYayi will defy.
Rwanda’s president Paul Kagame thanked the nation on Monday for voting in a referendum last week of which 98 percent overwhelmingly backed constitutional changes allowing him seek re-election for another.