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NAIROBI – Africa has embraced sound economic policies and even the political class has started to appreciate the importance of such policies, Kenya’s central bank governor said on Wednesday. Although some economies in the 54-nation […]
CAPE TOWN – South Africa’s cash-strapped national airline SAA says a government cash injection of 5.5 billion rand ($376 million)approved for the 2019/20 financial year is expected at the end of the month but it […]
JOHANNESBURG – South Africa’s headline consumer inflation quickened to 4.3% year-on-year in August from 4.0% in July, data from Statistics South Africa showed on Wednesday. On a month-on-month basis, inflation rose 0.3%, after rising 0.4% […]
LILONGWE – Malawi’s economy is likely to expand by 4.5% this year, the International Monetary Fund (IMF) said late on Tuesday, boosted by improved agricultural production and the rebuilding of infrastructure damaged by Cyclone Idai. […]
JOHANNESBURG – South Africa’s rand steadied early Wednesday as fears of an oil price spike eased after Saudi Arabia’s energy minister said the kingdom would restore lost oil production by the end of the month. […]
The Central Bank of Nigeria (CBN) on Tuesday said that the nationwide implementation of the cashless policy will begin by March 2020. The apex bank said this in a circular to all Deposit Money Banks […]
LAGOS – Nigeria’s frenetic commercial capital, Lagos, is plunged into darkness several times a day. Then its generators roar, and the lights flood back on. Nigeria is one of the world’s largest economies where businesses […]
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