Business South Africa central bank hikes rate, sees weak GDP growth Pretoria – South Africa’s central bank raised its main interest rate again to battle inflation on Thursday, but at... Read more 27 Jan, 2023
Business Egypt’s Suez Canal nets $8 billion in new annual record Cairo – Egypt’s Suez Canal Authority announced on Wednesday an all-time annual revenue record, earning $8 billion in transit... Read more 26 Jan, 2023
Business IMF chief ‘confident’ Zambia debt deal is within reach Lusaka – IMF chief Kristalina Georgieva said on Tuesday she was “confident” an agreement to restructure Zambia’s debt was... Read more 25 Jan, 2023
Business PICS | Uganda launches first oil drilling programme Hoima – Uganda on Tuesday officially launched an oil drilling programme as it seeks to join the club of... Read more 25 Jan, 2023
Business Zambia’s debt relief a ‘top priority’ for US, says Janet Yellen Lusaka – US Treasury Secretary Janet Yellen said restructuring Zambia’s debt was a top priority as she visited the... Read more 24 Jan, 2023
Business Ghana seeks to convince bondholders on debt swap deal Accra – Ghana’s government hopes to convince 80% of local bondholders to sign on to a voluntary domestic debt... Read more 21 Jan, 2023
Countries Janet Yellen heads to Africa as US seeks closer ties amid China inroads Washington – US Treasury Secretary Janet Yellen is heading for an 11-day trip to Africa starting this week, aimed... Read more 18 Jan, 2023
Business War-torn Libya donates supplies to fill bare Tunisia shelves Tunis – Conflict-wracked Libya donated several dozen trucks of food supplies on Tuesday to neighbouring Tunisia, the Libyan embassy... Read more 18 Jan, 2023
Business Technology and sustainable development: a hamlet in rural South Africa shows how one can power the other Saurabh Sinha, University of Johannesburg and Mduduzi Mbiza, University of Johannesburg It’s hard to imagine that the sustainable development... Read more 18 Jan, 2023
Business Nigeria’s currency redesign and withdrawal limits: questionable policy and bad timing Stephen Onyeiwu, Allegheny College The Central Bank of Nigeria launched new banknotes in November 2022. The new notes came... Read more 18 Jan, 2023