Morocco’s government is set to allocate MAD 26 billion ($2.3 billion) in 2023 to subsidize basic food and energy commodities and preserve national purchasing power. According to the country’s Economy …
BusinessEconomyEnergyFood ProductionMorocco
- BusinessEconomyFinance & ServicesHealthcareMorocco
Government to Gradually Tax Sugary Products for ‘Public Health’
Morocco’s government announced that it would gradually start to tax sugar-intensive products to “preserve the health of citizens.” During a presentation to parliament, Morocco’s Economy and Finance Minister Nadia Fettah …
- BusinessSouthern AfricaTechnology
DStv and Netflix approach password sharing differently, Cracks down on subscribers who share account
MultiChoice and Netflix are cracking down on subscribers who share their accounts with people outside their households. However, the two companies are approaching the issue very differently. DStv has opted …
- BusinessEconomyFinance & ServicesKenya NewsUncategorized
Kenya Kwanza’s Hustler Fund has mutated from a grant to a savings plan with 50 percent returns
President William Ruto Thursday promised ‘Hustlers’ money as the much-touted fund mutated from a small business loans programme to a savings plan with 50 percent returns. The President said borrowers …
- AgricultureBusinessEconomyKenya News
Prices of Unga will not go down anytime soon says the Agriculture Cabinet Secretary (CS) Franklin Linturi
Incoming Ministry of Agriculture Cabinet Secretary (CS) Franklin Linturi has said prices of maize flour will not go down anytime soon unless the Government re-introduces the subsidy programme. Maize prices …
Morocco’s governing council chaired by Head of Government Aziz Akhannouch, adopted a draft decree to temporarily suspend import duties on domestic cattle on Wednesday October 19. The draft decree seeks …
- BusinessBusiness and EconomyNigeriaWestern Africa
Nigerian Government warns against CBN’s proposed loan recovery from FAAC revenue
Nigerian Government have warned that given the constant reductions in FAAC Allocation to states, it would be suicidal if the Central Bank of Nigeria (CBN) goes ahead to carry out its proposed recovery of …
- BusinessBusiness and EconomyEconomyNigeriaTechnologyWestern Africa
Federal Government declares non-necessity for state of emergency, insists Lagdo Dam is not responsible
The Federal Government said there is no need to declare a state of emergency over the tragic flooding incidents across the country. This was made known on Thursday night by the …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
CBN announces sales of Polaris for N50 billion to new owner
CBN, The Central Bank of Nigeria has announced the sale of Polaris Bank to a new owner, four years after the government took over the distressed Skye Bank, renamed it before …
Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Export Terminal, where repair works on the pipeline went in for weeks. The SPDC’s media relations manager, …