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Rwanda: RwandAir Resumes Guangzhou Route With Commercial Cargo
RwandAir, the national carrier, is set to start ferrying commercial freight from the Chinese city of Guangzhou to Kigali, starting this week, the airline announced on
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Source: allAfrica.com
EDITORIAL: Build robust Covid plan
EDITORIAL: Build robust Covid plan
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Source: Business Daily
British judge denies Maduro Venezuela's gold in London bank
LONDON, England (AP) A British judge yesterday refused to give Venezuela's Nicol�s Maduro control of nearly US$2 billion in gold sitting in a Bank of England vault because Britain does not recognise the socialist leader as president of the Latin American nation.
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Source: Jamaica Observer: Jamaican News Online – the Best of Jamaican Newspapers - JamaicaObserver.com
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CBK seen capping premium on reopened 5-year bond
FILE PHOTO | NMG
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Source: Business Daily
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
Nigeria: CBN Seeks to Slash Importation By 35%
[This Day] The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said efforts are ongoing to reduce the country's import bill by about 35 per cent.
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Source: allAfrica.com
Uganda: Civil Society to Kampala - We Want Transparency, Not Graft-Laced Debts
The civil society in Uganda is demanding transparency in the spending of Covid-19 loans to avoid loading taxpayers with corruption-fuelled
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Source: allAfrica.com
Uganda: Why SMEs Are Essential to Uganda's Post-Pandemic Economic Recovery
Rather it would require targeted and tailored support for eco-inclusive MSMEs - these are businesses that do not only focus on profits but also on providing employment, social and health benefits to communities in which they operate, as well as addressing several of the ecological challenges now
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Source: allAfrica.com
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Financial market snapshot, May 2020: Updates from South Africa and abroad
(Partner Content) Global markets rebounded in May as more countries began easing their lockdown restrictions, sparking hopes of an economic recovery.
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Source: South African News | Online News | The South African
Mauritius Holds Some Rs 1 000 Billion in Foreign Currency, Indicates Finance Minister
The Finance Minister believes that in the context of this unprecedented crisis, this increase in official reserves will enable the country to deal with the economic shock of Covid-19 with more
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Source: allAfrica.com
#BTColumn – The inflationists (Part 2) - Barbados Today
Disclaimer: The views and opinions expressed by this author are their own and do not represent the official position of the Barbados Today Inc. by Adrian Sobers “The inflationists’ dream is some sort of world paper money, manipulated by a world government and Central Bank, inflating everywhere at
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Source: Barbados Today - News You Can Trust.
Uganda: Bank of Uganda Wants Uniform ATM Charges
[Monitor] As part of the work plan that seeks to embrace digital transactions, the Central Bank wants commercial banks to harmonise fees charged at Automated Teller Machines (ATMs).
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Source: allAfrica.com
Uganda: Two Seek Speedy Probe On Bou-Seized Land Titles
[Monitor] Two petitioners have asked government agencies to speed up investigations into a complaint in which Bank of Uganda (BoU) officials are accused of concealing land titles belonging to former clients of closed commercial banks.
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Source: allAfrica.com
Cote divoire
In what were seen as the first steps toward reasserting democracy, voters overwhelmingly approved a draft constitution in July 2000. However, the document permitted only those of “pure Ivoirian” stock to run for president, thereby excluding nearly 40% of the population. Guei, who had
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Source: Fact Monster - Black History
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Nigeria: Alarm Bells As COVID-19 Cripples Poultry, Fish Farming Biz
Farmers lament losses, experts warn of food shortage
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Source: allAfrica.com
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Billions in bullion shifted ahead of Dutch bank rebuild - Black News Channel
By Associated Press Undefined THE HAGUE, Netherlands (AP) — This really was the gold standard of road trips. The Netherlands' central bank transported its Dutch-based stock of gold — 14,000 bars and about 1,000 boxes of gold coins — from its headquarters in Amsterdam to a safe in the nearby city of
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Source: Black News Channel - Black News Channel
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Ex-BOJ governor backs timeout for bank hires
Former Bank of Jamaica (BOJ) Governor Derick Latibeaudiere has supported a proposal from Jamaica’s anti-corruption watchdog for senior central bank personnel who are involved in regulations, examinations, or inspections to be restricted from...
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Source: Jamaica Gleaner
House leaders demand details on PPP –
As the remaining days dwindle for small businesses to apply for loans through the federal Paycheck Protection Program (PPP), both banks and federal officials are being challenged by several House leaders to explain how the $670 billion program intended to aid the nation’s small businesses has
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Source: Florida Courier
WhatsApp gets a raw deal in payments
Facebook CEO Mark Zuckerberg entered the fray two years ago by enabling the popular messaging service WhatsApp to send and receive money in
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Source: TechCentral
Forex reserves swell to four-month high on IMF Sh79bn injection
Forex reserves swell to four-month high on IMF Sh79bn injection
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Source: Business Daily
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RBZ keeps policy rate at 35%
BY SHAME MAKOSHORI THE Reserve Bank of Zimbabwe (RBZ) said on Monday its monetary policy committee (MPC) had agreed to maintain the policy rate at 35% as part of measures to keep speculative borrowing at bay. The central bank also kept the medium term lending rate to productive sectors at 25% after
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
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SA seeks R1.5-trillion for decade-long infrastructure boom
Digital infrastructure forms part of the infrastructure investment plan
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Source: TechCentral
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JANOT: Currency intervention in crisis that’s as sharp as a
Currency intervention in crisis that’s as sharp as a Swiss knife
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Source: Business Daily
Rwanda: Mobile Money Transactions Grow By 450% in 3 Months
The value of funds transferred via Mobile Money grew by 450 per cent between January and April this year to reach Rwf 40 billion (over $ $42 million), data from Rwanda Utilities Regulation Authority
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Source: allAfrica.com
Rwanda: Inside Rwanda's Rwf186bn Economic Recovery Fund
The fund will support businesses through loan restructuring for the tourism sector specifically hotels, providing working capital for businesses most affected by COVID-19 to keep them operational and avoid lay-offs as well as loan guarantee for SMEs and
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Source: allAfrica.com
Central Bank tipped to cut policy rate, again
Central Bank tipped to cut policy rate, again
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Source: Business Daily
Zimbabwe: RBZ Confirms Mobile Money Ban but Keeps Platforms Open for Small Transactions
[New Zimbabwe] THE Reserve Bank of Zimbabwe (RBZ) Saturday confirmed its unpopular suspension on all mobile money transfer platforms in respect of transactions above $5 000.
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Source: allAfrica.com
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Rwanda: Remittances to Rwanda Plummet By 16% in March
[New Times] There has been an unprecedented decline in the flow of remittances to Rwanda - a vibrant source of money for a section of Rwandan- just as cases of coronavirus surge worldwide and the country grapples with the pandemic.
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Source: allAfrica.com
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Uganda: New Bill Seeks to Trim Powers of Bou Governor, Deputy Governor
The powers of the Bank of Uganda (BoU) Governor are set to be clipped if Parliament passes a private Member's Bill that seeks to amend the Constitution as a way of streamlining the management of the Central
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Source: allAfrica.com
Underfire auction injects US$1,7 billion - NewsDay Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ)’s forex auction system, which is saddled with a backlog of up to 13 weeks, has raised US$1,72 billion for companies, boosting their capacity to import raw materials and serve the domestic market, according to a statement by the central
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Source: NewsDay Zimbabwe - Everyday News for Everyday People
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