Economy

NLNG export facility on Monday declared force majeure on its supplies citing disruption by the recent flooding in Delta State did to its feed gas suppliers’ production. Force majeure absolves …

Morocco exported 19,000 tones of table olives to the United States in the first half of 2022.  A recent report from the Office of Economic and Commercial Affairs of the …

 The International Monetary Fund (IMF) proposed for Morocco to move to the next phase of fiscal reforms aiming to make its national currency’s exchange rate more flexible, but Morocco’s central …

The significant weakening of the shilling versus the dollar handed the Central Bank of Kenya (CBK) an unrealized exchange gain of Sh68 billion on its forex holdings in the year …

The taxman projects that the recent increases in excise duty as a result of inflation adjustments will net an additional Sh3 billion in revenues, even as manufacturers brace for lower …

Kenya’s largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. …

Siaya governor, James Orengo has challenged the local residents to embrace agribusiness so as to boost food security and tackle rampant poverty.  Mr Orengo lamented that though the county and …

Brussels airport named Morocco as the ninth most popular destination for passengers traveling via Belgium largest airport on Friday.  In September, Brussels airport welcomed two million passengers for the third …

Saccawu, The South African Commercial, Catering and Allied Workers Union said it is on the verge of striking at Makro after wage negotiations with the wholesale giant degenerated into a …

Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March as compensation for past performance. The employees …