Most Recent World News

South Africa Considering Nuclear Energy

South Africa will consider adding nuclear power capacity in an affordable way as part of its long-term plans, Energy Minister Gwede Mantashe said on Tuesday. President Cyril Ramaphosa put on.

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Egypt’s Central Bank To Cut Interest Rates

Egypt’s central bank is expected to cut key interest rates by around 5 percent until the end of 2020, a chief economist said on Tuesday. But its next gathering could.

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Guinean Government Delays Simandou Tender

Guinea has pushed back its deadline to withdraw tender documents for blocks 1 and 2 of Simandou in an effort to boost competition for the world’s largest undeveloped iron ore.

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Ghana Raises Cocoa Price by 5.2%

Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses,.

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Egypt Rises in Global Innovation Index

This year’s report by the Global Innovation Index showed that Egypt has remarkably jumped ten spots from its ranking (105) in 2017 and three spots from its 2018 ranking. Egypt.

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Zimbabwe’s Treasury Bill, Oversubscribed- Ncube

Zimbabwe’s central bank said on Friday its first Treasury Bill auction in seven years, aimed at raising $3.25 million, was oversubscribed more than four times as the government started open.

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Zimbabwe to Raise First T-Bills in Seven Years

Zimbabwe’s central bank on Wednesday sought to raise 30 million Zimbabwe dollars ($3.27 million) at its first public auction of treasury bills since 2012. Between 2013 and last year, the.

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SA Rand steady; Focus on Unemployment

South Africa’s rand steadied against the dollar in early trade on Monday, but the currency hovered near a 4-week low hit last week after rating agencies Fitch and Moody’s warned.

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Nigeria Plots Course to Membership of Africa’s Planned Free Trade Zone

Nigeria is backing its commitment to join Africa’s recently agreed free trade zone by setting up a committee to implement the agreement, and promising new laws where necessary to enact.

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Zambian Economy to Grow by 2.5%

Zambia’s economy is projected to grow by around 2.5% this year, down from an initial projection of almost 4%, Finance Minister Bwalya Ng’andu said. Africa’s second-largest copper producer has encountered.

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