Egypt: Central Bank seeks compromise with Chamber of Commerce
Crisis surrounding the Egyptian pound is increasing and calls for the devaluation of the currency is getting louder as businessmen struggle to obtain foreign currency […]
Finance
Zimbabwe: $10bn Compensation for Evicted White Farmers Considered
Zimbabwe’s Finance Minister on Friday said the government plans to compensate white farmers for land seized and has begun evaluating the properties. Farmers may be […]
US lifts sanctions on Sudanese cement company after 14 years
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday removed a Sudanese private cement factory from a blacklist of firms […]
Nigeria Removes 24,000 Ghost Workers from State Payroll
Nigeria’s anti-corruption audit ordered by President Muhammadu Buhari has revealed that nearly 24,000 civil servants on the government payroll do not exist. Local media reported […]
Tunisia Starts Talks with IMF
Tunisia began talks with IMF on Thursday over a new credit program to strengthen its economy hit by collapsing tourism revenues, unemployment, militancy and social […]
Nigeria: Gov’t to chase 23,000 ghosts on payroll
Nigerian Minister of Finance, Kemi Adeosun on Thursday said 23,000 ghost workers unraveled in the Federal Civil Service in the West-African nation would be handed […]
Burundi: Tax Revenues Fall by 17% in Chaotic Country
Tax revenues in Burundi have fallen by 17 percent, the country’s Revenue Authority said on Wednesday. Over the past months, Burundi has been facing the […]
Chad gets loan for road renovation
The Development Bank of Central African States (BDEAC) has provided an accumulative two term loans of 50 billion Cfa francs to the landlocked Chad. The […]
IMF asks Ghana to remove tax exemptions from tax laws
The international Monetary Fund has asked Ghanaian government to institute additional measures to ensure it spends within the approved budget and fast track expected economic […]
Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]