The central bank of Ethiopia expects saving close to 100 million dollar per year, from the ban imposed on selected import items. In a circular written on October 14, 2022, …
Radarr Africa
- Banking, Finance & InvestmentBusinessEconomyEthiopia
The exchange rate between the Naira and the US dollar has fallen to a record low on the black market, trading at a minimum of N742/$1 on Monday morning. This is according …
DStv Streama box got tested and found it delivers what was promised, only a few years late, and at a much higher price than competing devices offering open ecosystems and …
- BusinessEconomyEthiopiaTransportation & Logisitics
Railway demurrage suffocates exporters and importers for small delays
Exporters, importers, and logistics companies are irked by the Ethio-Djibouti Railway’s (EDR) exorbitant demurrage charges for small delays. As an alternative to railway transportation, a significant number of businesses are …
- BusinessSouthern Africa
South African Post Office ordered to pay R4.5m in employees’ outstanding medical aid contributions
The Labor Court has ordered the South African Post Office (SAPO) to pay R4.5 million in employees’ outstanding medical aid contributions before the end of the week. Trade union Solidarity …
- EconomyFinance & ServicesHealthcareMorocco
Morocco Seeks to Scrap Tax on Imported Drugs and Health Products
The Moroccan government is in the process of drafting legislation that would scrap taxes on imported medications. According to a government statement released on Saturday, Morocco’s Minister of Health and …
- AgricultureBusinessEconomyFinance & ServicesMorocco
USAID and GiveDirectly NGO Provides $4 million to Support Moroccan Agricultural Cooperatives
The United States Agency for International Development (USAID) and the International NGO GiveDirectly have decided to provide an additional $4 million to support Moroccan agricultural cooperatives suffering from recent economic …
- Global NewsTechnologyTransportation & LogisiticsWestern Africa
Mercedes-Benz launches electric SUV including powerful AMG model
Mercedes-Benz Group AG is broadening its battery-powered lineup with a sport utility vehicle that will take on Tesla Inc.’s Model Y in another step toward the automaker’s goal to go …
British multinational Diageo Plc’s proposed purchase of additional shares in EABL values the company at Sh151 billion, signaling an undervaluation of the brewer at the prevailing market price prior to …
The 5th edition of the youth connect summit ended in Kigali, Rwanda Saturday (Oct. 15) after 3 days of conferences, masterclasses and networking sessions. Thousands of young innovators and leaders …