June 28
Tanzania: Finance Bill 2024 - Debate Extends for Second Day
Daily News
MEMBERS of Parliament did not decide on the Finance Bill, 2024 as planned yesterday to allow more time for the government to include some additions they were still working on. Read more »
Zimbabwe: After Introducing a New Currency, Zimbabwe's Central Bank Projects 5% Annual Inflation By Year-End
New Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) has projected annual inflation to recede to just 5% by year-end on the back of the stable Zimbabwe Gold (ZiG) currency and exchange rate… Read more »
South Africa: Gauteng Department of Roads and Transport Warns Against Scammers
SAnews.gov.za
The Gauteng Department of Roads and Transport has warned the public of an email scam targeting individuals and companies that have submitted bids for tenders. Read more »
Ghana: Mahama Expresses Gratitude to South Korea for Canceling Ghana's Debt
Accra Times
Flagbearer of the National Democratic Congress (NDC), thanked the South Korea for their debt forgiveness. Read more »
Egypt: Finance Ministry - Egypt Repaid $25 Bln of Its Overall Debt Since March As Per Iif's Recent Report
Egypt Online
The Finance Ministry said a recent report of the Institute of International Finance (IIF) asserted that Egypt has repaid $25 billion of its domestic and external public debts since… Read more »
Nigeria: Kwara Customs - We Generated Over N10bn in Five Months
Daily Trust
The Nigerian Customs Service (NCS), Kwara command, says it has collected and remitted over N10 billion to the federal government in the last five months. Read more »
Africa: Investment in Rail Critical for Africa's Socio-Economic Growth
SAnews.gov.za
President of the Southern African Railways Association (SARA), Hishaam Emeran, has called on the African continent to harness the potential of rail as it has a critical role to… Read more »
Ghana: Building for the Future - Developing Infrastructure for the Integrated Aluminium Industry [press release]
Ghanaian Times
The global aluminium industry is poised for remarkable growth and transformation in the coming decades. With applications ranging from aerospace and automotive to construction and… Read more »
Zimbabwe: Stanbic's Rise Above Incubator Programme for SME's Comes Full Circle
263Chat
Stanbic Bank's Rise Above Incubator Programme for Small to Medium Enterprises (SMEs) has come full circle with three start-ups poised to receive business loans of varying amounts… Read more »
Malawi: Debt Restructuring Negotiations Start Bearing Fruits As China Signs Supplemental Debt Pact With Malawi
Nyasa Times
Minister of Finance and Economic Affairs Simplex Chithyola Banda has disclosed that negotiations with debtors over debt restructuring have started bearing fruits as Malawi has… Read more »
June 27
Africa: A Tax On the Super-Rich to Fight Hunger Gains Ground
IPS
A global agreement could levy a small tax on the world's 3,000 richest people, with fortunes in excess of US$ 1 billion, and use the money to fight world hunger, a study by the… Read more »
Uganda: Gold Miners Urged to Dump Mercury Use
Observer
More than 31,000 artisanal gold miners in Uganda, with a huge percentage of them women, in collaboration with Planet Gold Uganda and Global Rights Alert, are working towards… Read more »
Nigeria: After Residents' Protest, Distribution Firm Moves to End 10-Year Power Outage in Ibadan Communities
Premium Times
"As a customer-centric company, we have held over 10 meetings with the community leaders to explain the situation and how we intend to improve service delivery," an IBEDC official… Read more »
Nigeria: Reps Grant Tinubu's Request to Extend 2023 Budget, Supplementary Appropriation Act
Premium Times
The lawmakers approved President Tinubu's request after a 30-minute closed-door session that followed the rowdy plenary session earlier in the day. Read more »
Africa: Commissioner Muchanga Calls for Action On Illicit Financial Flows
African Union
Aspiration 1 of Africa's continental development blueprint Agenda 2063 emphasizes the critical goal for the continent to achieve prosperity based on inclusive growth and… Read more »
Kenya: Kenya's Protests Happened in Every Major Urban Centre - Why These Spaces Are Explosive [analysis]
The Conversation Africa
Kenya has a long history of protests. Mass protests took place during the colonial period and continued in the post-independence era. Read more »
South Africa: South Africa's Political Monopoly Has Been Broken - Could It Help the Economy? [analysis]
The Conversation Africa
Over the last decade or so there has been something of a revolution in economics. The long held belief that unfettered markets deliver good outcomes for all is now overwhelmingly… Read more »
Africa: Saving Soils in Africa the Only Path Left to a Future
The Herald
Could the soil of Africa be developing an unstoppable malaise that will transform our continent from an innocent victim of climate change into its main driver? Read more »
Nigeria: Exclusive - Nasu, SSANU Hold Meetings Over Withheld Salaries As Calls for Strike Intensify
Premium Times
SSANU and NASU members said the government has opted to dare the consequences "of its preferential treatment of one union over the others," especially considering Wednesday's… Read more »
Nigeria: Rowdy Session in Reps Over Tinubu's Request to Extend 2023 Budget, Supplementary Act
Premium Times
The opposition to the president's request forced the lawmakers into an executive session amid loud booing from members of the opposition parties. Read more »
Uganda: Mass Arrests in Uganda, as Hundreds Gather Worldwide Urging China to Halt
350Africa.org
Hundreds of people gathered outside Chinese embassies and financial institutions in 10 countries today - with another action expected to take place on the 28th in Washington DC -… Read more »
Nigeria: Reactions As Fire Guts Section of Dangote Refinery
Daily Trust
Reactions yesterday trailed the minor fire outbreak at a section of Dangote refinery with some groups warning against sabotage against the refinery. Read more »
Nigeria: Microsoft Not Leaving Nigeria - CEO
Daily Trust
The Managing Director and Chief Executive Officer of Microsoft Nigeria plc, Mrs. Ola William has debunked the rumour making the rounds that Microsoft was winding up to leave… Read more »
Nigeria: AFD Puts Investment in Nigeria At 4.1bn Euros in 15 Years
This Day
Agence Française de Développement (AFD) Group, a public financial institution that implements the policy defined by the French Government, has stated that it has… Read more »
West Africa: Nigeria Borrowed N7.71 Tr in Q1 2024 - Dmo
Daily Trust
The Debt Management Office (DMO) yesterday clarified that Nigeria's fresh borrowing was N7.71 trillion in the first quarter of 2024. Read more »