Most Recent World News

Ghana: IMF approves additional $114.6 million disbursement

The International Monetary Fund (IMF) has concluded the second review of Ghana’s economic performance, leading to additional approval of $114.6 million to boost growth, jobs and stability. This brings total.

  • 0

Egyptian Pound Steady at Forex sale and on Black Market

Egypt’s central bank kept the pound steady against the dollar at its official foreign currency auction on Sunday, and the currency held steady on the black market as well.

  • 0

South Africa’s Rand Gains with Economic Risks

South Africa’s rand has recently recovered against the dollar after hitting record lows in the previous session, but remained vulnerable to concerns about the local economy and that of China..

  • 0

Kenyan Telecoms Regulator Seek Independent Powers

Francis Wangusi, Director General, Communications Authority of Kenya Kenya’s telecom’s regulator has recently asked for the opportunity to take on regulatory functions independently while condemning the government for curbing the.

  • 0

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.

  • 0

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.

  • 0

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..

  • 0

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.

  • 0

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.

  • 0

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.

  • 0