Most Recent World News

South Africa to Raise Maize Harvest Forecast

South 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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CBN to Recapitalize Nigerian Banks

The 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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SA’s Reserve Bank To Cut Interest Rate

South 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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Namibia Targets $1 Billion Worth Of Investments

Namibia is to host a two-day economic summit which is expected to attract at least $1 billion worth of investments over the next two years, the Ministry of Information and.

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Buhari Appoints Kyari, Head Of State-owned Oil Firm

Nigerian President Muhammadu Buhari has appointed a new group managing director of the Nigerian National Petroleum Corporation (NNPC), the state oil firm said on Thursday, one of his first appointments.

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No Eurobond Market For Nigeria In 2019

Nigeria has no plans to return to the Eurobond market this year after the sixth outing in November raised $2.86 billion, the head of the debt office said on Tuesday..

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NEASA Boss Charges South Africans on Economic Growth

National Employers’ Association of South Africa (Neasa) Chief Executive, Gerhard Papenfus has called on all South Africans to create the environment they envision, instead of waiting on the government to.

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Oranto Completes Seismic Survey Of Ngassa Block

A Nigerian firm, Oranto Petroleum Limited, has successfully completed its seismic data acquisition survey over the Ngassa block located near Uganda’s western border with the Democratic Republic of Congo. A.

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Kenyan Government To Introduce New Banknotes

Kenyan President Uhuru Kenyatta unveiled a new attempt to curb corruption and dirty money on Saturday by introducing a new set of banknotes and calling for the old Sh1,000 notes.

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Gambia’s Central Bank Records 24% Increase In Transaction Volumes

The governor of Central Bank of The Gambia has disclosed that domestic foreign exchange market continues to function smoothly, adding that transaction volumes have also increased to US$2.1 billion in.

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