Zimbabwe: NSSA to Raise Pension Pay-out
11/07/2017The National Social Security Authority (NSSA) has announced that it will be increasing the minimum monthly pension pay-out to $80 from $60 per month starting from the 1 October 2017..
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Tanzania Restructures Mining Industry, New Mining Bills Signed into Law
11/07/2017Tanzanian President John Magufuli on Monday signed a bill which allows at least 16% stake of mining project to go to the government. A law regarding the increment of.
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SOUTH AFRICA: ANC to Nationalize Reserve Bank
06/07/2017South Africa’s ruling party African National Congress (ANC), has recently reached an agreement to nationalize its Reserve Bank. The agreement was reached at a conference held on Wednesday. Two party.
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NIGERIA SIGNS POLICY TO INCREASE GAS EXPLORATION
05/07/2017Nigeria cabinet has approved a national gas policy that is aimed at reducing the country’s dependence on crude oil by putting facilities in place that will increase gas exploration,.
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South Africa: SARS Commissioner Resolves to Reach Target Despite Recession
03/07/2017South African Revenue Service (SARS) commissioner Tom Moyane said on Monday that he was confident of reaching the 1.62 trillion rands ($124 billion) revenue target set out in the February.
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China Partners with Ghana on Bauxite Exploration
29/06/2017Ghana has recently signed a $10 billion memorandum of understanding (MOU) with China to develop the bauxite project with its railway and converting bauxite into aluminium, the country’s Senior Minister.
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GETTING IT RIGHT FOR INVESTORS IN ANGOLA
29/06/2017By: Jean-Claude Bastos de Morais, Founder and CEO, Quantum Global Group As Africa, and Angola, in particular, continues to liberalize its economy there is a significant opportunity for businesses.
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Nigeria: World Bank Approves $961 Million to Support ERGP Development Programs
22/06/2017World Bank has approved $961 million for two programs which will support the Nigerian federal and state authorities in their effort to foster inclusion and revive growth, in alignment with.
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Oil Declines after Plunging Into Bear Market
21/06/2017Oil records losses after plunging into a bear market as rising global supply offset efforts by OPEC and its allies to drain a glut.Bottom of Form U.S. crude inventories dropped by 2.72.
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Nigeria: CBN Deliberate New Forex Retail Option, Pumps $995m into Market
20/06/2017The Central Bank of Nigeria in a quest to serve its customers better is contemplating the introduction of a new FOREX retail option in Nigeria, as it releases a sum.
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