Economy

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 …

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 …

The 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 …

President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …

Egypt’s Prime Minister Mostafa Madbouly has defended his government’s decision to offer unused state-owned lands for investment in partnership with the private sector, insisting that the initiative is about unlocking …

The South African rand eased slightly in early trading on Thursday, pausing after two straight sessions of gains driven by a softer U.S. dollar. At 06:41 GMT, the rand was …

Egypt and China have sealed a landmark $1 billion agreement to establish a major tire manufacturing facility in the Suez Canal Economic Zone (SCZONE), a move aimed at boosting Egypt’s …

Several economic indicators, company announcements, debt and currency market developments, and political events are expected to influence African markets on Thursday, with movements already being seen across global markets, commodity …

Egypt has taken a big step to ease the tax burden on small and micro-enterprises by making its simplified tax system a permanent feature of the country’s business environment. The …

President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …