The senior government official further said the government is also planning to construct another four refineries across the country as three trucks loaded with locally refined oil arrived in Juba from Bentiu on Saturday. The first locally refined oil was […]
Rwanda’s economy is in a recession. Restrictions imposed to curb the coronavirus are piling pressure on the economy. Thousands face unemployment and there’s a risk of more Rwandans falling into poverty. That’s why analysts are urging the government to take […]
South Sudan is in talks with the International Monetary Fund on financing the nation need to boost its economic recovery, according to the central bank chief. That would be the second IMF deal with South Sudan since Africa’s youngest nation […]
Sudan took the unprecedented but expected step of floating its currency Sunday, meeting a major demand by international financial institutions to help transitional authorities overhaul the battered economy. The flotation is the boldest economic measure taken by the joint military-civilian […]
The government of South Sudan will not access its accounts in two local banks after a high court judge extended freeze orders. According to court documents, Justice Beatrice Thuranira Jaden ruled that the accounts would remain inaccessible until February 25. Yusung Construction […]
Burundi and Tanzania are seeking to raise $1.9 billion for a railway linking the two East African nations that could help landlocked Burundi boost its mineral exports, an official said. “Now is the time to start fund-raising” for the 190-kilometer […]
#Rejecttheunjusttax; a harsh tag where like-minded Ugandans raised concerns about the tax proposal that government through Ministry of Finance had hatched, garnered more than 4,000 tweets last week. There were a plethora of views condemning the government’s proposal on grounds […]
The international community only recognized the nation of South Sudan as of 2011, following years of violent conflict. Since then, the country has struggled to recover from the instability of the past. Conflict flared up again shortly after the war, […]
Former Nigerian finance minister, Ngozi Okonjo-Iweala, has become the first woman and the first African to be appointed as director general of the World Trade Organisation (WTO). The decision was taken by consensus at a special meeting of the organisation’s […]
Motorists, transporters and low-income households will have to dig deeper into their pockets to access petroleum products for the next one month. In the new pump prices announced yesterday, super petrol, diesel and kerosene will cost Sh8.19, Sh5.51 and Sh5.32 more, […]
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