Zimbabwe’s trade deficit went down 44 percent to $127 million in August 2018 from $229 million in February 2018 on the back of significant growth in exports during the seven-months period. Official statistics from the Zimbabwe National Statistical Agency (ZimStats) show that between February and August 2018, the country’s total exports amounted to $2,4 billion, a 24 percent increase, from… Read more »
Mogadishu — SOME 1 850 people have been killed during explosive violence across the globe last month. A majority of those killed are civilians, who make up 1 066 deaths, or 58 percent of total casualties. According to the Action on Armed Violence (AOAV), the deaths were recorded from 256 explosions. In Africa, Somalia is the country worst affected by… Read more »
A campaign by the Dr Ekuru Aukot-led Thirdway Alliance to amend the Constitution has now gathered 600,000 signatures, 400,000 shy of the one million needed to pass through the first stage of the planned referendum. The signatures will be presented to the Independent Electoral and Boundaries Commission for verification before the Referendum Bill can be presented to the 47 county… Read more »
Kampala — Telecoms have, in the last three years, disbursed more than Shs100b in mobile loans, according to data. MTN, according to Ms Elsa Muzzolini, the company’s head of mobile money division, has given out in the excess of Shs100b through Mokash. The telecom, she told Daily Monitor, has about 3.5 million enrolled customers.
South Africa’s President Cyril Ramaphosa has just appointed the fifth Finance Minister in the last 3 years, Tito Mboweni. Mboweni is a relatable character in the South African community, not known for living an extravagant life but instead one as a commoner, regularly posting pictures on social media of his meals he has eaten and the wildlife and landscape he tends to… Read more »
This past week in the African country of Cameroon has been rather turbulent, as the process to elect their new president has gone underway. Incumbent President Paul Biya, who has been in power for 35 years, faced off against a coalition between two other stride-making political parties, the People’s Development Front (FDP) and the Movement for the Rebirth of Cameroon (MRC)…. Read more »
Beijing — The republics of Angola and China signed last Tuesday, in Beijing, signed an agreement that outlines a financing from the Chinese Development Bank estimated at USD 2 million. ANGOP has learnt that this credit line is to be used in the construction and conclusion of various infrastructures in Angola.
Business experts have challenged the African youth, the continent’s biggest market, to consume products made in Africa if the Continental Free Trade Area (CFTA) Agreement is to be successfully implemented. According to some leading African entrepreneurs, trade and business experts, the profile of African products will be enhanced once Africans place them on top of their preferential list.
Hundreds of passengers were on Wednesday stranded as protesting aviation unions shut down operations at the Murtala Muhammed Airport 2 operated by Bi-Courtney Aviation Services Limited. The News Agency of Nigeria (NAN) reports that the unions embarked on the protest alleging BASL’s sacking of 20 employees who indicated interest to unionise.
South Africa’s fifth finance minister in less than three years, Tito Mboweni, is certainly relatable at a time of pinching pockets and questions over political policies. Citizens get regular insights into his life as a foodie and a farmer, with him frequently posting photos on Twitter and Facebook of meals he has eaten and the wild landscapes and livestock he… Read more »