Most Recent News

Zambia: Presidential, Parliamentary Elections To Hold Aug. 11

Under a new constitution, Zambia will hold presidential and parliamentary elections on Aug. 11, a government spokesman has recently said, lining up another close vote after last year’s neck-and-neck race..

Nigeria: IMF Head In Talks With President Over Economy

The Nigerian President Muhammadu Buhari, has recently held talks with the International Monetary Fund as the country seeks better ways of tackling economic challenges fuelled by plunging oil prices. The.

Kenyan Shilling Holds Steady in the New Year

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.

Zambian President Reverses Decision to Hike Electricity Tariffs

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 to Advance Presidential Election to Early 2016

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.

South Sudan: Team of Rebels In Juba To Prepare For New Gov’t

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.

Ethiopia, Nigeria See New Partnership In Commodities Marketing

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 to Bring In Variable Tax on Mining Royalties

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.

Egypt’s Central Bank Tightens Import Controls to Boost Local Production

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.