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COVID-19 means fewer condoms in Zimbabwe
Family planning supplies and contraceptives are sold out or inaccessible as the Zimbabwean government continues to battle
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Source: New Orleans Data News Weekly – The People’s Paper
Sudan's Transitional Government Must Be Supported Through COVID-19. Here's Why
Sudan is a prime example of states facing these dimensions of fragility, now made worse by
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Source: allAfrica.com
WATIMA: Relook new CRB regulation on banks
Last week, a new credit reference bureau (CRB) regulation was announced where banks, saccos and micro-finance lenders will face a fine of Sh2 million for every defaulter they deny a loan for being listed negatively with the credit reference
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Source: Business Daily
Ending the grace period – Why we must now scrutinize the Bio presidency
I start this brief article today with these two sentences in response to the feeble efforts of the new state propagandists – mostly SLPP members and supporters – who have expressed outrage over a few comments I have posted on my Facebook page in recent days critical of the Bio
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
Fed keeps rate near zero but sees brighter economy in 2021
WASHINGTON (AP) - The Federal Reserve (Fed) said Wednesday that it will keep buying government bonds until the economy makes 'substantial' progress - a step intended to reassure financial markets and keep long-term borrowing rates low indefinitely.
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Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com
Sudan Does an About-Turn in U.S. Relations
Sudan's transitional government and the United States (US) are poised to reach an agreement for Khartoum to pay hundreds of millions of dollars in compensation to victims of a 1998 al-Qaeda
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Source: allAfrica.com
Reserve Bank Of Australia Board Presides Over Darkening Outlook – The Omaha Star
The Reserve Bank, faced with a deteriorating economic outlook, may have to rethink its bond-buying program. The post Reserve Bank Of Australia Board Presides Over Darkening Outlook appeared first on Zenger News.
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Source: Omaha Star
World Bank Group launches new Country Partnership Framework for Sierra Leone
The World Bank Group’s Board of Executive Directors discussed a new Country Partnership Framework for Sierra Leone for 2021-2026, which prioritizes investments in human capital, job creation, economic diversification and building a resilient health
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Source: SIERRA LEONE TELEGRAPH – Sierra Leone News
Sponsored by Massachusetts Black Lawyers Association (MBLA)
Uganda: Will Budget Theme Meet Citizens' Expectations?
IMF indicates that the immediate fiscal policy response to the Covid-19 pandemic should account for the particular nature of the health crisis that the global economy faces, one that affects supply, demand, and confidence while being timely, temporary, and targeted across all levels of
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Source: allAfrica.com
Jobs, Wages Continue To Climb In July As Inflation Fears Mount – The Omaha Star
Economists praise “blockbuster” report, but COVID-19 concerns linger The post Jobs, Wages Continue To Climb In July As Inflation Fears Mount appeared first on Zenger News.
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Source: Omaha Star
Ethiopia: Africa in Fact C-19 Blog Series - Theme 1: Leadership Style
It was also a day when the country marked its highest increase in the number of people who have contracted the COVID-19 virus since the first case was reported in March this
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Source: allAfrica.com
Kenya: More Loans for Kenya as World Bank Approves Sh4.6 Billion to Fight Locusts
Nairobi — The World Bank is set to lend Kenya more money, and this time, it is for fighting desert locusts that have invaded several counties and threatened food security to about three million
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Source: allAfrica.com
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Weakening Zimdollar wreaks havoc
MARKET forces have caused havoc on the Zimbabwe dollar on the parallel market, with the exchange rate shooting to
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
Nigeria: CBN Retains Benchmark Interest Rate
[Premium Times] The move is expected to allow further economic growth, despite four-year high inflation, after the country exited recession last year.
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Source: allAfrica.com
Reserve Bank Of Australia Takes Centre Stage Amid Cash Rate Talk – The Wilmington Journal
SYDNEY — The Reserve Bank of Australia’s upcoming monthly board meeting may give some fresh clues as to when the cash rate might increase, but it is safe to say it will remain at a record [...]
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Source: The Wilmington Journal
High liquidity seen holding policy rate
High liquidity seen holding policy rate
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Source: Business Daily
A fiscal reckoning is looming for South Africa
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Source: TechCentral
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Tanzania $15b Budget Banks On a Quick Economic Recovery
In his budget presentation in the capital Dodoma, Finance minister Philip Mpango said government evaluations show the country had not been too badly affected by the pandemic, allowing it to raise its growth forecasts and maintain a firm financing schedule for ongoing development
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Source: allAfrica.com
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
Reserve Bank Of Australia Takes Centre Stage Amid Cash Rate Talk – The Omaha Star
Reserve Bank's July 6's board meeting is expected to remain at a record low with some anticipated changes in policy outlook. The post Reserve Bank Of Australia Takes Centre Stage Amid Cash Rate Talk appeared first on Zenger News.
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Source: Omaha Star
EXPLAINED | Nine things you should know about Tito Mboweni's budget
During his budget speech, Mboweni said the country is facing a sovereign debt crisis if spending isn't changed soon, and that debt to GDP will reach 106% by 2023 if nothing
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Source: https://www.news24.com
Virtual currency to rescue developing countries
It is a virtual currency that tends to be focused on speculative aspects, but it is also used to rescue developing countries and those who are called unbanked who do not have a bank account, as well as for refugees. This article introduces DASH, Stellar and OmiseGo's efforts in developing
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
Zimbabwe: World Bank Endorses Zimbabwe Economic Remedies
[New Zimbabwe] Global financier, World Bank (WB) has credited Zimbabwe's monetary authorities for implementing sound exchange rate policies that have led to relative stability on the local currency.
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Source: allAfrica.com
SA plans R350-billion infrastructure fund, including for broadband
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Source: TechCentral
Sponsored by NSBE Boston
Ghana: Govt to Roll Out Economic Rescue Programme--Finance Minister
The government is developing a three-year COVID-19 alleviation programme to be known as "The Ghana Cares Programme" to help rescue the economy from the clutches of the coronavirus
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Source: allAfrica.com
Window opens for Burundi and Rwanda relations after frosty spell
President Paul Kagame’s condolence message to Burundians following the death of the outgoing President Pierre Nkurunziza marked his first public message to the country since relations between Rwanda and Burundi turned sour in
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Source: The East African
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Naamsa responds to Economic Recovery Plan, commissions new study
South African auto manufacturers note government's Economic Recovery Plan, point to economic and fiscal reforms as key.
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Source: South African News | Online News | The South African
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South Sudan: Central Bank Introduces Monetary Changes to Rescue Ailing Economy
[Nation] Juba -- South Sudan's Central Bank says it will tighten the country's monetary policy to mitigate the rapid depreciation of the South Sudanese Pound against the US dollar.
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Source: allAfrica.com
Zimbabwe: Crisis Looms As Operators Dump Zupco
[Zimbabwe Standard] Bus operators throughout the country are withdrawing their vehicles from the Zupco franchise scheme citing the government's failure to pay them adequately for their services.
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Source: allAfrica.com
Australia's Big Spending Budget To Face Consumer Test | The Florida Star | The Georgia Star
CANBERRA, Australia — Australia’s Treasurer Josh Frydenberg says last week’s big-spending budget is aimed at securing Australia’s economic recovery, pushing unemployment lower, and building confidence to encourage households to spend. Figures on May 18 will give an idea as to whether he has been
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Source: The Florida Star
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