April 17
Nigeria: Save Rice Processors From Collapse, Stakeholders Beg FG
Leadership
Critical stakeholders in the rice processing sub-sector have appealed to the federal government to save their businesses from collapse. Read more »
Nigeria: No Issues With NUPENG, Ptd, Nogasa Boss Clears Air
Leadership
Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Tuesday clear the air over the purported crisis between it and other unions stating that it neither had any issues… Read more »
Zimbabwe: Govt Infrastructure Investments Help Swell Masimba Revenues
The Herald
Zimbabwe Stock Exchange (ZSE) listed construction firm -- Masimba Holdings has applauded the Government's infrastructure development drive, after the group's revenue increased by 8… Read more »
Southern Africa: Five Things Chinese Investment Means for Zimbabwe
The Herald
President Mnangagwa recently toured the Manhize Steel Plant, a bustling investment near Mvuma that is the face of steel manufacturing revival in Zimbabwe; and the lofty position… Read more »
Zimbabwe: Seed Co Assures Nation of Adequate Seed Next Season
The Herald
Seed Co Zimbabwe has moved to smother the impact of the prevailing El Nino-induced drought on seed stocks by combining reserves from last season with the 2023/24 output to curtail… Read more »
Zimbabwe: Auction Floors' Average Price Reaches U.S.$3,66 to Dwarf Contract Side
The Herald
After both auction and contract tobacco floors recorded an average price of US$3, 09 per kilogramme on Day 1 of trading, the average auction price has now risen four percent higher… Read more »
Zimbabwe: Herald Continues to Rule the Roost
The Herald
The Herald continues to be the most read daily newspaper in the country, results from the latest Zimbabwe All Media Products Survey (ZAMPS) reveal. Read more »
Zimbabwe: Investor Return, Testimony to Re-Engagement Efforts
The Herald
The Zimbabwean economy has been growing rapidly during the Second Republic with the revamped open-door investment policy being one of the most important reasons, especially for… Read more »
Kenya: President Ruto Says Tough Action to Be Taken Against Those Who Violate Traffic Laws
Capital FM
Tough action will be taken against those who violate traffic laws and cause deaths and injuries, President William Ruto has said. Read more »
Nigeria: Equities Market Posts Biggest Loss in April As Investors Lose N1.1trn
Daily Trust
The Nigerian Exchange (NGX) market capitalisation recorded the biggest loss in the month of April with investors losing N1.1trn. Read more »
Nigeria: Tough Time to Be Entrepreneur in Nigeria [analysis]
Daily Trust
The Manufacturers Association of Nigeria (MAN) told us last month that 767 companies folded up in 2023, with 335 others distressed and obviously in danger of going down too. If the… Read more »
Nigeria: Fidelity Bank Grows Profit to N99.5bn in Fy 2023
Daily Trust
Fidelity Bank Plc. has released its 2023 full year Audited Financial Statements, reporting a profit after tax of N99.5 billion representing a 112.9% annual growth. Read more »
Nigeria: NAFDAC Bans Selling, Use of Dex Luxury Soap in Yobe
Daily Trust
The National Agency for Food and Drug Administration Control (NAFDAC) has banned the selling and use of Dex Luxury Bar Soap due to the presence of the chemical, butylphenyl… Read more »
Nigeria: Dangote Crashes Diesel Price to N1,000/Litre
Daily Trust
Dangote Refinery has crashed diesel price to N1,000 per litre, the Dangote Group disclosed this in a statement on Tuesday. Read more »
Nigeria: The Lagos-Calabar Coastal Highway Project
This Day
Although a laudable project, issues of transparency and accountability should be addressed Read more »
Mauritius: «Investissement Public» sans valeur
L'Express
Chaque année, dans le budget national, mais aussi tous les cinq ans, dans les manifestes électoraux, les hommes politiques aiment dire à la population qu'on… Read more »
Uganda: What Next for Banks That Have Not Hit the Shs150bn Capital Requirement?
Nile Post
In 2022, Finance minister Matia Kasaija signed a ministerial instrument, increasing the minimum capital requirements for banks by 6 Times or 500 percent, from Shs25 billonto Shs150… Read more »
Uganda: Equity Bank Supported My Path to Empowerment - Mwesigwa
Nile Post
My name is Allan Mwesigwa, age 32 years, I hail from Gita-Nabutaka village in Nangabo town council, Wakiso district. Read more »
Nigeria: Rehabilitating Lagos-Kano Highway - A National Priority
Daily Trust
Nigeria's spending has been increasing exponentially, yet its effectiveness is constantly in dispute, whether in hard infrastructure, power, education, or any area of public… Read more »
Nigeria: Tinubu Inaugurates Single Window Project, Targets N2.7tr Revenue
Daily Trust
President Bola Tinubu yesterday inaugurated the steering committee for the Single Window Project, saying the initiative is expected to yield an annual economic benefit of around… Read more »
Nigeria: Illegal Operation - NCAA Begins Re-Evaluation of 100 Private Jets
Daily Trust
Private jet operators have been given 72 hours to submit relevant documents for re-evaluation by the Nigeria Civil Aviation Authority (NCAA). Read more »
West Africa: Nigeria's Fx Reserves Dip By Over $2bn in One Month, Lowest in 6 Years
Daily Trust
Nigeria's foreign exchange (FX) reserve has plunged by approximately $2.16 billion in 29 days, amidst the Central Bank of Nigeria's (CBN) robust efforts to stabilise the naira. Read more »
West Africa: Nigeria Can Grow Annual GDP By 12 Percent - Nipps DG
Daily Trust
The Director General of the National Institute for Policy and Strategic Studies (NIPPS), Prof. Ayo Omotayo, said the Nigerian economic growth rate can average 12 percent annually… Read more »
Nigeria: Gunmen Kill Driver, Abduct 16 On Abuja-Lokoja Road
Daily Trust
Gunmen have shot dead a bus driver and abducted his 16 passengers near Chikara village on the Abuja-Lokoja highway. Read more »
Nigeria: Naira Appreciation Will Impact Inflation Between Three to Six Months - - Teriba
Daily Trust
The chief executive of Economic Associates, EA, Dr Ayo Teriba, has said the recent Naira appreciation will impact the country's inflation between three to six months. Read more »