May 12
Africa: Ecobank's Customer Innovation Reaps Rewards
Ecobank
– Ecobank has secured wins in two categories at the Retail Banking Awards in London. The leading pan-African bank was awarded Product Innovation of the Year 2017 and Retail… Read more »
April 26
South Africa: Fuel Prices Could Hit Record Levels in May
News24Wire
There is a strong likelihood of a fuel price hike to record levels in May, the Automobile Association (AA) said on Wednesday. Read more »
Uganda: Central Bank Bigwig Drags Media Houses to Police
Monitor
The outgoing Bank of Uganda supervision director, Ms Justine Bagyenda, has filed a case against 12 media houses at the Directorate of Criminal Investigations (CID) accusing them of… Read more »
Zimbabwe: U.S.$3,5 Billion Wealth Fund May be Launched After Election
New Zimbabwe
Zimbabwe may start a sovereign wealth fund or issue an export-related bond after elections that are slated for July, Deputy Finance Minister Terence Mukupe told the southern… Read more »
Kenya: Economy Shrugs Off Poll Fears, Drought to Create 800,000 Jobs
Nation
Kenya's economy shrugged off prolonged election jitters and a biting drought to create more than 800,000 jobs. Read more »
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Africa: Corporate Council on Africa (CCA) Celebrates 25 Years of Leading the Way in U.S.-Africa Business Relations
CCA
Established in 1993 during a time when Africa was not viewed as a prime destination for investment, CCA has been critical in facilitating and promoting increased U.S. investment on the continent. Over the last 25 years, CCA has remained dedicated to providing its members with access to key African and U.S. government officials, connections to U.S. and African business leaders and decision makers and insight on the most important issues affecting business on the continent. Read more »
Uganda: UNRA Assures Oil Companies On Roads
Independent (Kampala)
The roads to critical oil spots and installations will be in at least motorable state by the First Oil in 2020. This assurance has been given by UNRA's Director of Design and… Read more »
Nigeria: Nigeria Needs Entrepreneurs to Drive Economy - U.S. Consulate
Vanguard
The United States Consul, F. John Bray has said that for an economy to grow, it needed entrepreneurs. Mr Bray made this statement at a two-day workshop organised by Consul in… Read more »
Nigeria: CBN Rolls Out New Anti Money Laundering Sanction Regime
Vanguard
The Central Bank of Nigeria (CBN) has rolled out a tougher sanctions regime for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) which stipulates fines on… Read more »
Nigeria: Nigeria Adopts, Develops Standards On Sugar, Glucose
Vanguard
Nigeria is set to adopt African standards on Sugar and sugar products as well as develop Nigeria Industrial Standards, NIS, for Glucose and Sucrose. Read more »
April 25
South Africa: Villagers Demand the Right to Say No to Mining in Their Community [press release]
HRW
This week, the Pretoria High Court has presided over a case brought by the Xolobeni community against the government that could have far reaching implications for mining… Read more »
Uganda: Poor People Are the Happiest - Local Survey
Monitor
A latest study conducted by a Non-Governmental Organisation in four districts in Lango Sub-region has discovered that the poor are the happiest people. Read more »
South Africa: ANC Has Sold Us Out - Union Federation Secretary General at Protest March
News24Wire
Thousands of South African Federation of Trade Union (Saftu) members marched throughout Johannesburg on Wednesday, joining countrywide marches protesting against the proposed… Read more »
Rwanda: More Kigali Households Get Fibre Optic Coverage
New Times
Liquid Telecom, a regional data, voice and IP service provider, has a mission of spreading reliable internet access to homes across Kigali and this is fast becoming a reality. Read more »
Uganda: Govt to Borrow U.S.$40 Million to Fight Sex Abuse
Monitor
A Cabinet decision to borrow $40m (Shs144b) to fight sexual abuse in the country was informed by a World Bank demand for the government to safeguard women working at public… Read more »
Nigeria: Court Asked to Make Senators Refund U.S.$38,000 Monthly Allowance
Daily Trust
A Federal High Court in Lagos has been asked to order Senate President Bukola Saraki and 108 other senators to refund the N13.5 monthly allowance each of them allegedly receives. Read more »
Nigeria: How Oil Marketers Plotted to Confine Me to Wheelchair - Okonjo-Iweala
Vanguard
Former Finance Minister, Mrs. Ngozi Okonjo-Iweala, has alleged that there was a plan by oil importers and marketers to confine her to a wheelchair and force her out of office… Read more »
Kenya: Over 500 Principals Moved in Shake-Up
Nation
More than 500 principals have been transferred by their employer in the latest move to delocalise management of public secondary schools across the country. Read more »
Mozambique: New Minimum Wage for Public Administration Announced
AIM
The Mozambican government on Tuesday approved the new minimum wage for the state administration, defence and security, which rises from 3,996 to 4,255 meticais a month (from 65.7… Read more »
Uganda: U.S.$6,4 Million Reconstruction of Hotel, Tourism Centre Starts [press release]
Independent (Kampala)
A ground breaking ceremony has taken place today to kick start the reconstruction of the Uganda Hotel Tourism and Training Institute (UHTTI) also known as the Crested Crane Hotel… Read more »
Nigeria: Chinese Developers to Invest in Nigeria Mass Housing Scheme
Daily Trust
As part of measures to bridge the rising accommodation and shelter gaps in the country, Chinese investors have expressed readiness to invest in mass housing schemes for low and… Read more »
South Africa: R20 an Hour Is an Insult, Say Marchers
GroundUp
Thousands of workers from the SA Federation of Trade Unions (SAFTU) marched in several cities on Wednesday calling for a higher minimum wage. Read more »
Botswana: Employment Creation Top Priority for Government
Botswana Daily News
Minister of Nationality, Immigration and Gender Affairs, Ms Dorcas Makgato says employment creation for the youth remains top priority for government. Read more »
Namibia: Bank Releases Report On Funding the Fight Against Malaria
Namibia Economist
The African Development Bank has released the report Money and Mosquitoes: The Economics of Malaria in an Age of declining Aid on the occasion of World Malaria Day 2018 on 25… Read more »
Zimbabwe: Central Bank Seeks Lower Interest Rates
The Source
Zimbabwe's central bank is in talks with banks to reduce interest rates on loans to stimulate production across various sectors of the economy, Vice-President Constantino Chiwenga… Read more »
Namibia: Namibia Monitors SA Reports On SME Bank
Namibian
THE Bank of Namibia is monitoring reports in South Africa that a former KPMG official tasked to trace the N$200 million that disappeared from the SME Bank is being investigated. Read more »
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