Economy

In the lead-up to the drafting of this year’s draft budget law, Morocco’s Head of Government, Aziz Akhanouch, announced that Morocco will continue to fund business creation programs such as …

A roadmap has been developed for the implementation of the Bank of Ghana Gold Purchase Programme. Consequently, the Economic Management Team, the Bank of Ghana, Ministry of Lands and Natural …

Kigali Bank has booked Sh926million new customer deposits from Rwandans in diaspora within four months. The cash deposits were collected from existing and new customers following a successful marketing campaign …

Crude prices have dropped by 22.5 percent since mid-June, setting the stage for reduced pressure on local pump prices. Oil prices have fallen to an average of $95 a barrel—level …

Emirates, the world’s largest operator of Airbus A380s and Boeing 777s, is looking to recruit First Officers who meet the airline’s exceptional standards in safety, technical prowess, and customer experience. …

Nigeria’s sugar import in 2022 from Brazil has increased to N385 billion ($592.18 million). This increment comes amid the forex exchange (FX) restrictions placed on the commodity by the apex …

 Egypt’s annual headline inflation recorded 14.6% in July 2022, compared to 6.1% in the same month of 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced in a press release …

German outdoor power tools manufacturer The Stihl  Group is set to establish its East African hub in Kenya. The subsidiary dubbed Stihl East Africa will be servicing clients in Kenya, …

Hotel owners could soon face a hefty interest fee if they don’t repay the loan they secured from commercial banks as part of the stimulus package put forth by the …

Kenyans head to elections on Tuesday with business leaders upbeat about a peaceful political transition and no major disruptions to the economy, a departure from the fear of downturns associated …