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Government shutters EcoCash
The government on Friday struck a mortal blow on Econet, suspending mobile money transactions, which will affect EcoCash the most, and suspended trade on the Zimbabwe Stock Exchange in an effort to contain the collapse of the
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
Nigeria coronavirus: 18,480 cases, flurry of evacuee arrivals
Confirmed cases = 18,480
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Source: Africanews | Latest breaking news, daily news and African news from Africa
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UN agency says COVID-19 an opportunity to fix remittance system
ROME, Italy (CMC) — The International Fund for Agricultural Development (IFAD) says that the COVID-19 pandemic is both a challenge and an opportunity to fix the remittance system in the Caribbean and other
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Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com
Debt-to-GDP ratio to exceed 100%
THE Zimbabwe Economic Policy Analysis and Research Unit (Zeparu) says the country’s debt to gross domestic product (GDP) ratio will balloon to 101,6% by year end due to legacy debt, farmers’ compensation and
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
East Africa: Rwanda Ranked Second Peaceful Country in the Region By Latest Index
According to the latest Global Peace Index (GPI), Rwanda rose four positions from the past year, ranking 81st out of 163 countries studied worldwide, with an overall score of
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Source: allAfrica.com
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Rwanda: Green Mall to Be Developed at Former Justice Ministry Premises
The move, he said, is in line with Rwanda's vision towards being climate-resilient and low carbon economy by 2050 and green building principles set up by Rwanda Housing
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Source: allAfrica.com
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Africa trade deal to push ahead even if another Covid-19 wave hits
The Africa-wide free-trade agreement is unlikely to face any further delays even if a second wave of coronavirus infections hits the region, according to the deal’s top
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Source: https://www.news24.com
East Africa: COVID-19 Leaves Region in $2.3 Billion Debt Hole in Three Months
East African countries have borrowed nearly $2.3 billion new loans in less than three months since reporting the first Covid-19 positive case, adding to the region's mounting debts at a time of shrinking tax
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Source: allAfrica.com
Ghana: COVID-19 Businesses Support Fund Should Spur MSMEs On to Thrive
President Nana Addo Dankwa Akufo-Addo on Tuesday launched a GH¢1 billion COVID-19 Alleviation Business Support Programme to support Micro, Small and Medium Enterprises (MSMEs) affected by the coronavirus
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Source: allAfrica.com
WHO says pandemic 'not even close' to over
The coronavirus pandemic is "not even close to being over", the WHO warned Monday, as the global death toll passed half a million and cases surged in Latin America and the United
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Source: The East African
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Zambia
In 1972, Kaunda outlawed all opposition political parties. The world copper market collapsed in 1975. The Zambian economy was devastated—it had been the third-largest miner of copper in the world after the United States and Soviet Union. With a soaring debt and inflation rate in 1991, riots took
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Source: Fact Monster - Black History
Zimbabwe: Govt to Pay Artisanal Gold Miners 100 Percent in Forex
Small scale gold miners are set to receive 100 percent of their deliveries to Fidelity Printers and Refineries in foreign currency as government seek to curb gold leakages into the black
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Source: allAfrica.com
Coronavirus – Africa: UNWTO adapts agenda for Africa to accelerate tourism recovery
Yesterday, member States of the World Tourism Organization (UNWTO) from across Africa, shared their priorities for tourism against the backdrop of
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
Uganda's $12b Budget Offers Tax Waivers, Credit Access to SMEs
In a bid to get the Ugandan economy moving again after nearly three months of lockdown to curb the spread of coronavirus, the government on June 11 presented a budget offering a host of tax waivers and funding for the business
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Source: allAfrica.com
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Renewable electricity suppliers gaining ground in South Africa
The total generating capacity of green energy in South Africa is approaching 2.5GW – just less than the average produced by Eskom’s fleet
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Source: TechCentral
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Zimdollar continues to tumble
THE Zimbabwe dollar has devalued further to a new low of $105 against the greenback on the parallel foreign currency market as demand for the United States dollar
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
African economic and social awakening: Lessons from Singapore
Singapore is a relatively young country, like many in Africa, but is now globally considered as an example to follow in terms of sustainable economic
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
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EAC tops $2.3b Covid-19 loans in three months
East African countries have borrowed nearly $2.3 billion new loans in less than three months since reporting the first Covid-19 positive case, adding to the region’s mounting debts at a time of shrinking tax
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Source: The East African
Nigeria: Finally, Govt Hands Off Pricing of Petrol
This is coming as the Nigerian National Petroleum Corporation (NNPC) yesterday blamed insecurity in the Niger Delta and other factors peculiar to Nigeria's operating environment for the high cost of oil production in
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Source: allAfrica.com
Somalia: Hassan - Somalia Working on Improving the Economy
Somalia's Planning, Investment and Economic Development Minister Gamal Hassan spoke with Aggrey Mutambo on the country's economy and fighting
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Source: allAfrica.com
KABATA: Key models for business recovery after virus
What this means is that unlike economic slowdowns that we have witnessed before such as the 2008/2009 recession, the Covid-19 induced slowdown may require a different economic recovery thinking and modelling because it is not only affecting the demand side as people lose jobs and incomes but has
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Source: Business Daily
Uganda: Post COVID-19 Financing Options
Business experts say that in the 60 or so days that people were forced into their homes and with no sources of income, there are chances that business owners especially small ones 'ate their
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Source: allAfrica.com
OTIENO: What’s in 2020 Budget to spur SMEs growth and
Traditionally, SMEs have faced systemic challenges leading to a mortality rate of 75 percent within three years of inception due to difficulty of access to finance, access to market, lack of information, management skills, access to technology, infrastructure challenges and unsupportive
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Source: Business Daily
High liquidity seen holding policy rate
High liquidity seen holding policy rate
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Source: Business Daily
Burundi: Poor country wracked by ethnic conflict
The small, central African country of Burundi is one of the poorest in the world, with a history of political crises and ethnic massacres and a long civil
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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME
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World Bank: World Will Suffer Largest Downturn Since 1940s | Afro
In an updated “Global Economic Prospects,” the World Bank projected that global economic activity will shrink by 5.2% this year, the deepest recession since a 13.8% global contraction in 1945-46 at the end of World War
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Source: Afro | The Black Media Authority
Bartlett seeks cooperation in rebuilding tourism
MINISTER of Tourism Edmund Bartlett says that the phased reopening of Jamaica's borders to international travellers on June 15 was not just about tourism, but a matter of economic life or
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Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com
Sponsored by Center for Critical Race and Digital Studies
Uganda: Beverage Producers Want Govt to Bear Digital Tax Stamps Cost
Beverage manufacturers want the cost of implementing Digital Tax Stamps (DTS) be met by the
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Source: allAfrica.com
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Africa: Sub-Saharan Africa - A Cautious Reopening
The COVID-19 pandemic continues to represent an unprecedented health and economic crisis, with costs that will be felt most keenly by the poorest segments of the world’s population, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook for Sub-Saharan
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Source: allAfrica.com
Mozambique: Government Reduces Some Fuel Prices
Maputo — The Mozambican Ministry of Mineral Resources and Energy has announced a cut in the prices of diesel, kerosene and LPG cooking gas, taking effect as from midnight on
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Source: allAfrica.com
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