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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Most Recent News
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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Business & Economy
Kenyan Government Signs Milestone Crude Processing Deal With Oil Firms
26/06/2019The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in.
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Business
AfDB Approves $24.7million Sudan’s Water Supply Sanitation Improvement Project
26/06/2019The Board of Directors of the African Development Bank on June 20, 2019, approved a proposal to commit $24.7 million to finance the South Sudan Strategic Water Supply and Sanitation.
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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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International
ENPPI Wins Petrochemical Bid For Saudi Arabia Petrochemical Project
24/06/2019ENPPI has won a major international bid for the implementation of a new petrochemical project in Saudi Arabia with more than $500 million, the Ministry of Petroleum said in a.
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Development Stories
Youth
Honoris United Universities Appoints New Independent Board Member and Announces Academic Council
21/06/2019Academic Council will focus on providing Honoris students with access to 21st century workplace skills Honoris United Universities (Honoris), the first private pan-African higher education network, has appointed a new.
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ICT
Orange Sees Ethiopia’s Telco Liberalization Taking Shape In 2020
21/06/2019Orange, France’s number one telecoms operator, sees the planned liberalisation of Ethiopia’s telecoms market taking shape in 2020, Chief Financial Officer Ramon Fernandez said on Friday. Ethiopia is one of.
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Business
Vodacom To Sell Business Assets To Improve Operation
21/06/2019Mobile phone operator Vodacom Group Limited has entered into agreements to sell some of its Business Africa operations, which offer business-managed services to enterprises. Vodacom, which is majority-owned by Vodafone.
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