Business

DRC targets 63% budget increase for 2020

DRC’s $10 billion draft budget for 2020 An ambitious draft budget presented to the National Assembly of the Democratic Republic…

November 16, 2019

RBZ To Punish Banks Responsible For Flooding Streets With New Notes

Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said that investigations are already underway to ascertain the source of new…

November 14, 2019

African Development Bank Plans $67bn Investment Deals for Africa At Forum

The African Development Bank has disclosed plans to target projects valued at $67bn with deal makers at its flagship investment…

November 13, 2019

Twin fires ravage busy market in Nigeria’s commercial capital Lagos

Nigerian firefighters were battling two fires that broke out almost simultaneously Tuesday at a busy market in central Lagos, the…

November 5, 2019

Zimbabwe Dollar Firms Against The USD In October

The Zimbabwe dollar has shown signs of stability in October, with the local currency shedding 3.1 per cent of its…

November 4, 2019

Nigeria’s borders closed to trade until January 2020

Nigeria said on Sunday its borders would remain closed to trade until at least January 31, 2020. Nigeria launched a…

November 4, 2019

Trump cancels trade deal with Cameroon over rights violation

US President Donald Trump has indicated his intention to terminate the designation of the Republic of Cameroon (Cameroon) as a…

November 3, 2019

South Africa’s credit rating close to junk status

Ratings agency Moody’s followed S&P Global and Fitch in spelling bad news for Africa’s second biggest economy, South Africa, now…

November 2, 2019

RBZ Working On Stabilising Exchange Rate: Mangudya

The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said that the central bank will inject more liquidity on the…

October 31, 2019

Ghanian President, Akufo-Addo Reveals What Closure Of Nigerian Border Has Done to ECOWAS

Ghana President, Nana Addo Dankwa Akufo-Addo on Tuesday said the closure of the land border between Nigeria and the Republic…

October 31, 2019

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