Monday, January 21, 2019
Namibia’s ruling SWAPO party elected Hage Geingob as its president at the weekend, the party said on Monday. He has previously been its acting president. Geingob, president of Namibia since 2015 but acting president of the ruling party, won 574...
As Nigeria celebrates Democracy Day on May 29, the presidency has reeled out what the Muhammadu Buhari administration has achieved in the last three years it has been in power. Mr Buhari was elected into office under the platform of...
2017 was a slow year for M&A deals across Africa. Instability, lack of regulatory clarity and weak economic fundamentals in the continent’s biggest markets in particular worked to limit investor confidence. Meanwhile, increasing concerns over ethical and compliance considerations...
South Africa’s plan to rejig 32.4 billion rand ($2.3 billion) of spending to boost economic expansion is unlikely to significantly alter the nation’s growth trajectory, Fitch Ratings Ltd. said. Finance Minister Tito Mboweni announced measures to allocate funds to “faster-spending...
Amid great fanfare 44 African countries signed the long-awaited African Continental Free Trade Area (CFTA) earlier this year. The bloc is expected to boost intra-African trade – pegged at less than 20% – by eliminating import duties and scaling...
Sub-Saharan African countries could increase tax revenue by an average of 5 percent of gross domestic product -- much more than what they receive in international aid -- if they reform their tax policies, the International Monetary Fund said. Key steps would...
South African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party officials said on Tuesday. Ramaphosa, who replaced scandal-plagued Jacob...
If American, Japanese, and emerging economies’ policymakers had hoped to pressure the World Bank and International Monetary Fund (IMF) to drop their policies of refusing to fund coal power projects, they were ultimately disappointed. Instead, the World Bank and...
Dr Jumoke Oduwole, the Senior Special Assistant to the President on Industry, Trade and Investment‎, says the Federal Government is committed to ensuring Ease of Doing Business in Nigeria. Oduwole said this on Tuesday, during a stakeholders sensitisation workshop held...
Nigeria plans to issue identity numbers to 70 million citizens by the end of next year, a first step to bringing them into the country’s payments system. The West African nation, which currently holds centralized data for less than 15...
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