Money in circulation surges to a new high

Wakanda News Details

Money in circulation surges to a new high

The amount of cash circulating outside the banking system and in people’s pockets hit a 13-month high in June, defying Covid-19 economic hardships.

Source: Business Daily

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Budget deadlock - Examination of Estimates halted as legal opinion sought on rule breach claim

Solicitor General Marlene Aldred is expected to provide legal guidance to a parliamentary oversight committee that halted its examination of the First Supplementary Estimates of Expenditure yesterday, claiming that it could not proceed until the Government complied with stipulations under the

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Source: Jamaica Gleaner

Covid-19 battle now turns to small-scale vendors

Vegetable and fruit vendors will be tested for Covid-19 as the Health ministry strives to arrest spiralling infections, which crossed the 1,000-mark

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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

Mabuza: To help Eskom, national and provincial debts to councils will be cleared soon

Deputy President David Mabuza told Parliament on Thursday afternoon that the task team dealing with Eskom's financial troubles was making progress in getting to grips with the debt owed to the power utility by municipalities, adding that national and provincial department debts to councils would be

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Source: https://www.news24.com

Nigeria: Report Predicts U.S.$17 Billion Decline in Nigerian Oil Revenue

Nigeria's oil revenue is likely to decline by between 70 per cent and 80 per cent this year, representing between $15 billion and $17 billion, the Chief Executive Officer of Financial Derivatives Company Limited and a member of President Muhammadu Buhari's Economic Advisory Council, Mr. Bismarck

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Source: allAfrica.com

Kenya: Relief for Motorists as Fuel Prices Drop Further

Motorists have a reason to smile to the pump after the Energy and Petroleum Regulatory Authority (Epra) announced a further drop in the prices of

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Source: allAfrica.com

Uganda: Increase in Government Capitalisation Pushes Up Udb Profitability

Increased government capitalisation has helped Uganda Development Bank (UDB) to register growth in profitability to

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Source: allAfrica.com

Nersa allows Eskom to claw back R13-billion in tariffs

Energy regulator Nersa said on Friday it will allow utility Eskom to recover R13.3-billion from customers for electricity supplied in the 2018/2019 financial year, lower than what the state-owned power utility had applied

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Source: TechCentral

Sudan COVID-19 Lockdown Extended for Two Weeks

The Federal Ministry of Health reported 303 new Coronavirus (Covid-19) cases and eight death cases, this brings the total number of cases to 2591 including 105 deaths cases in the

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Source: allAfrica.com

Kenya: Relief as State Extends Low-Duty Maize Import Window

Agriculture Cabinet Secretary Peter Munya said on Monday that the government had considered the views of millers, who had requested a two-month window for

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Source: allAfrica.com

Jamaican media mogul Oliver Clarke dies at 75

(Jamaica Gleaner) Oliver Frederick Clarke, the media mogul who stood at the helm of The Gleaner as chairman and managing director for more than four decades, has

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Source: Stabroek News - Guyana's Most Trusted Newspaper

Banking hiccup - Thousands with invalid accounts yet to receive COVID relief, two-month extension for some grants

Opposition Spokesman on Finance Mark Golding has asserted that the banking sector has fallen short in facilitating COVID-19 relief payments from the Government, as it was reported yesterday that some beneficiaries faced significant hurdles in...

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Source: Jamaica Gleaner

eProbe | Spirits down as live entertainment events go on ice - Not the flattening of the curve we wanted, says distributor

Alcohol consumption and parties usually go hand in hand, but where there are no parties, social gathering and other entertainment events, it is expected that there would be significant losses for alcohol companies and

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Source: Jamaica Gleaner

Boos for back-to-work order - PM urged not to prejudice task force plan

The high-ranking official has also suggested that the decision might prejudice the proposals of the Economic Recovery Task Force, which is mandated to roll out the road map to firing up

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Source: Jamaica Gleaner

Brookhouse faults parents’ case

Managing director and board member John O’Connor said the parents who dragged the school to court intended to disrupt virtual

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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

Covid-19: Eritrea flattens curve

"Indeed, it is vital that every citizen continue to fully adhere to, and diligently implement, the government of Eritrea guidelines in force until the ongoing task of detailed and comprehensive assessment to gauge the spread of the pandemic in the entire country with full certainty is

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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

MWANYASI: There’s a silver lining for Africa exports in

The World Trade Organisation (WTO) expects world trade to fall by 13 per cent to 32 per cent in 2020, due to the disruptions to economic activity caused by the

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Source: Business Daily

Malawi Govt Bails Out Students Stranded Abroad Due to COVID-19 Lockdown

Government has swiftly come to the rescue of 300 students abroad who were caught in Covid-19 lockdown in various

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Source: allAfrica.com

Botswana: Mining Sector Operates Reasonably Well - Masire

Gaborone — Permanent Secretary in the Ministry of Mineral Resources, Green Technology and Energy Security Mr Mmetla Masire says the mining sector is showing some positivity and begining to get back to the new

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Source: allAfrica.com

James I. Cash, Jr. is Founder of The Cash Catalyst, LLC, a firm that provides management development and consulting. Cash regularly convenes meetings of the Chief Information Officers, and for five years led a leadership development program for future Chief Information Officers. Cash was the

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Source: Savoy Network

Media mogul Oliver Clarke dies at 75

Oliver Frederick Clarke, the media mogul who stood at the helm of The Gleaner as chairman and managing director for more than four decades, has

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Source: Jamaica Gleaner

Kenya: Elite Cart Away Over U.S.$3 Billion of World Bank Aid

Kenya's elite siphoned Sh328 billion of World Bank aid payments to offshore accounts in two decades, a new study

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Source: allAfrica.com

Africa: Mobile Money Becomes Lifeline as Telecoms Thrive in COVID-19 Era

Mobile money and data have emerged as the lifeline in revenue growth for African-focused telecoms operators Vodacom Group and Airtel Africa across markets characterised by stiff competition and challenging regulatory

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Source: allAfrica.com

Angola Spends Over Akz 1billion On Scholarships

This information was provided last Monday by the minister of Higher Education, Science, Technology and Innovation, Maria do Rosário Sambo, during a meeting with deputies of the 3rd commission of the National Assembly that served to analyze the situation of external scholarship

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Source: allAfrica.com

‘Our resources have dried up’ - Jamaicans in US finding it harder to send remittances home as pandemic grips country

Barton has an ailing 88-year old mother living in central Jamaica and several siblings who she tries to assist by sending remittances home on a regular

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Source: Jamaica Gleaner

Bureau of Census reports

Bureau of Census report said Black unemployment averaged 9.9 per cent in 1971, compared with a 5.4 per cent rate for whites. The report also said that 31.8 per cent of all Black families were headed by a woman, and increase from the 28 per cent reported in 1970.

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Source: Blackfacts.com

Jul

13

1972

Truck drivers decry long border wait

Past studies conducted in Kenya found that truck drivers face a higher risk of contracting and spreading viruses, like HIV/Aids, because they are a highly mobile vulnerable group that traverses the country and often spends nights stopped in temporary locations, where exposure is high and testing

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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

‘LHHATL’’s Arkansas Mo Charged With Fraud After Spending Loan On Jewelry, Rolex

Source: Paras Griffin / Getty

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Source: Black America Web

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

Obama rebukes leaders over Covid-19 response

Former US President Barack Obama on Saturday criticised the response to the Covid-19 pandemic ravaging America, in what was widely regarded as a rare public rebuke of his successor Donald

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Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

Cameroon: Management of COVID-19 - Screening, Treatment Remain Free

This was underscored during the daily press briefing on Covid-19 in the country on Sunday May 17, as 51 new cases have been

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Source: allAfrica.com

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