National Bank of Malawi plc (NBM plc) has reaffirmed its role in supporting Malawi’s economic growth by providing a K10 million sponsorship for the Annual Bankers Association of Malawi (BAM) …
Economy
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South African Rand Strengthens on Higher Business Confidence and Retail Sales Growth
The South African rand gained further ground on Wednesday, helped by a weaker U.S. dollar and positive local economic data showing improved business confidence and retail sales growth. By mid-afternoon, …
- EconomyFinanceInflationMonetary PolicyTrade
Lesotho Faces Threat from Global and Regional Economic Risks
Lesotho’s economy is trying to recover after years of challenges, but the progress made this year could be at risk if global and regional economic conditions worsen. This was the …
- AgricultureBanking, Finance & InvestmentEconomyNigeriaTrade & Investment,
FirstBank to Host 2025 Agric and Export Conference to Boost Non-Oil Sector Growth
FirstBank has announced the 2025 edition of its Agric and Export Conference, an initiative aimed at driving growth in Nigeria’s agriculture and non-oil export sectors. The event, themed “The Fundamentals …
- BusinessCorporate AffairsEconomyMonetary PolicyNewsTaxationZIMBABWE
Treasury’s Tough Stance Raises Heat on Zimbabwean Companies
Zimbabwe’s corporate sector is facing fresh pressure after the country’s Finance Minister, Professor Mthuli Ncube, used his mid-term budget review to focus more on boosting government revenue than providing incentives …
- BankingCurrencyDevelopmentEconomyFinancial Regulation
RBZ Targets 2030 for Full Switch to Local Currency
The Reserve Bank of Zimbabwe (RBZ) says it is confident the country will be ready to fully move from its current multicurrency system to using only the local currency by …
- AgricultureDevelopmentEconomyInternational RelationsLeadershipZIMBABWE
Nathan Belete Takes Over as World Bank Director for Zimbabwe
The World Bank Group has appointed Nathan Belete as the new Country Director for Zimbabwe, Malawi, Tanzania, and Zambia, putting him in charge of managing a huge development portfolio valued …
- CurrencyDebt Management,EconomyFinancePoliciesPublic Safety
Naira Shines in Security but Needs Respect, CBN Advises Nigerians
The Central Bank of Nigeria (CBN) has told Nigerians to treat the naira with more respect, saying it is one of the strongest currencies in the world when judged by …
- BusinessEconomyGovernanceNewsPublic FinanceZIMBABWE
Zimbabwe Finance Minister Warns Over Procurement Chaos Draining Treasury
Zimbabwe’s Finance Minister, Professor Mthuli Ncube, has raised alarm over what he calls “procurement chaos” in government ministries, warning that it is draining the Treasury and putting the country’s fragile …
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MSMEDA, Sign EGP 500m Deal to Fund Over 5,000 Micro Businesses
by Adeolaby AdeolaThe Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque du Caire have signed two major agreements worth a combined EGP 500 million to support micro-enterprises across Egypt. The …