Latest Business News

Nigeria: Central Bank Announce Increase in Interest Rate to 16.5% as Government Take Measures to Curb Inflation

The Central Bank of Nigeria(CBN) has announced an increased in its benchmark…

Malawi: IMF Approves $88.3 million Facility to Government Amidst Food Price Hikes

The International Monetary Fund(IMF) said its executive board, on Monday approved an…

South Sudan: Government Secures $112.7million from IMF to Curb Food Crisis

South Sudan has reached a staff-level agreement with the International Monetary Fund…

Rwanda’s electric vehicle push has a faltering start

Known as the land of a thousand hills, Rwanda might not be…

How should Africa’s digital payments be taxed?

Taxing digital payments out of existence would help no one. But under-taxing…

Buses set on fire in South Africa’s Cape Town as taxi strike starts

Two buses were set on fire on Monday in South Africa's Cape…

Zimbabwe: Government Signs Two New Agreements with European Union Worth €47 million

The Zimbabwean government and the European Union, (EU) have signed two financial…

South Africa’s Transnet reopens one line on North Corridor

South Africa's state logistics firm Transnet said on Saturday it has reopened…

Uganda: Parliament Approves New Shs747 billion Loan From World Bank to Fund Digital Project

The ugandan Parliament, on Thursday November 17, 2022, approved another loan worth…

Prolonged drought affects Tanzania’s meat exports overseas

A critical drought calamity is increasingly impacting Tanzania’s meat exports to foreign…