Nigeria to Sign AfCFTA
05/07/2019Nigeria will sign a continental free-trade deal at a extraordinary summit of the African Union this weekend, bringing the duty-free movement of goods in the region a step closer. The.
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Economy
Tanger Med Port to Become Mediterranean’s Largest
04/07/2019Morocco will open new terminals at Tanger Med port on Thursday, allowing it to surpass the Mediterranean’s largest ports Algeciras and Valencia in terms of container capacity, and drive more.
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Economy
Oil Price on The Rise As OPEC Cuts Output
02/07/2019Oil prices jumped today as traders betted OPEC would extend production cuts. Signs of a truce in U.S.-China trade tensions also helping. An end to their spat could help revive.
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Economy
SA’s FDI Increases by $825.85 in Q1
27/06/2019South Africa’s foreign direct investment swung to inflows in the first quarter from outflows in the final quarter of last year as domestic private firms received equity and debt funding.
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Economy
Capital Market Operators Commend SEC
26/06/2019Capital market operators in the Nigerian Stock Exchange have commended the newly inaugurated board of the Securities and Exchange Commission (SEC) but charged them on the appointment of a substantive.
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Economy
Currency Ban, Corrective Measure – Mnangagwa
26/06/2019Zimbabwe President Emmerson Mnangagwa said on Tuesday that the decision to ban the use of foreign currencies and make the interim currency the sole legal tender was needed to restore.
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Economy
Tanzania Embarks On Currency Control
26/06/2019Tanzania has tightened its currency controls with new regulations on foreign exchange bureaus, in what authorities say is an ongoing fight against money laundering and currency speculation. The new rules,.
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Economy
South Africa to Raise Maize Harvest Forecast
24/06/2019South Africa is expected to slightly raise its 2019 maize harvest forecast, as weather conditions remain favourable and yields remain unaffected by frost damage, a Reuters poll showed on Monday..
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Economy
CBN to Recapitalize Nigerian Banks
24/06/2019The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged to reposition Nigerian banks through recapitalisation during his second term. Mr Emefiele made the promise in Abuja on Monday.
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Economy
SA’s Reserve Bank To Cut Interest Rate
21/06/2019South Africa’s Reserve Bank will probably cut interest rates next month or in September to boost the country’s economy. A median forecast from economists, polled this week, suggests the South.
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