Economy

Jun 17, 2019
The Chairman of the Alliance for Sustainable Democracy in Africa (ASDA), Dr Prosper Ladislas Agbesi, has called on the leadership of the ECOWAS Sub-region and the international community to step…
Jun 16, 2019
On Monday, June 10, Rwanda announced that it would reopen its border with Uganda to cargo trucks for 12 days. The border crossing at Katuna (Gatuna in Rwanda) has been…
Jun 13, 2019
Sudanese security forces violently removed a protest camp in the capital, Khartoum, on June 3. In addition to brutally beating the pro-democracy protesters, government troops also fired on the demonstrators.…
Jun 08, 2019
Zimbabwe and the European Union began political talks aimed at turning the page on hostile relations during Robert Mugabe’s rule, a step that could enable a resumption of direct financial…
Jun 01, 2019
The Plastics Carrier Bags Regulations 2019 that prevent import, export, manufacturing, sale, storage, supply, and use of plastic carrier bags regardless of their thickness takes effect in Tanzania Mainland today,…
Jun 01, 2019
Zimbabwe will not borrow externally and will cut reliance on the central bank to finance deficits during an IMF staff-monitored programme in a bid to set a track record of…
May 28, 2019
Malawian President Peter Mutharika was narrowly re-elected with 38.57% of the vote ahead of opposition leader Lazarus Chakwera with 35.41%, official results from last week's election showed Monday. The vote…
May 27, 2019
Final results of Malawi’s presidential elections will be delayed, the electoral commission (MEC) said on Saturday after the high court ordered a review of the polls following opposition allegations of…
May 22, 2019
Zimbabwe hiked fuel prices by around half on Tuesday, the second sharp rise in four months, a day after the central bank effectively removed a subsidy by ending oil importers’…
May 21, 2019
Zimbabweans should brace for another hike in fuel prices as Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya Monday ordered a stop in the 1:1 exchange rate window government had…
May 16, 2019
Angola’s economy is likely to emerge from recession this year, growing at 0.3% after three years of contraction, and the debt-to-GDP ratio will fall to around 70%, Moody’s Investors Service…
May 16, 2019
President Emmerson Mnangagwa has appointed Fortune Chasi as the new Energy Minister with immediate effect. Chasi replaces Jorum Gumbo with signs the latter was being demoted for reasons that could…
May 13, 2019
Zimbabwe has started rolling power cuts lasting up to eight hours that will also hit mines, a schedule from the state power utility showed on Monday, after reduced output at…
May 13, 2019
The Nigerian government has accused former President Goodluck Jonathan and his then oil minister of accepting bribes and breaking the country's laws to broker a $1.3 billion oil deal eight…
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