economy

12 results associated with economy are displayed
'Naira abuse': How raining currency on performers can invite jail in Nigeria
Insight

'Naira abuse': How raining currency on performers can invite jail in Nigeria

Nigeria's anti-graft agency EFCC is cracking down on violations construed as abusing the naira, pitting the tradition of showering cultural performers with currency notes against the law.
Labour day: Nigerian workers lament economic hardship
Africa

Labour day: Nigerian workers lament economic hardship

Several workers unions in Nigeria have expressed concern about the economic hardship, lamenting the high prices of food.
Circulation of Zimbabwe's new currency ZiG starts
Business

Circulation of Zimbabwe's new currency ZiG starts

Zimbabwe's new currency ZiG officially started circulating on Tuesday, April 30.
Nigeria reduces central bank borrowing to plug revenue shortfalls
Business

Nigeria reduces central bank borrowing to plug revenue shortfalls

President Bola Tinubu has promised to make the bank autonomous and more focused on its core mandate.
Zimbabwe top bank warns institutions questioning monetary policies
Business

Zimbabwe top bank warns institutions questioning monetary policies

Zimbabwe’s currency rate has faced pressures from market speculation and negative inflation expectations.
Zimbabwe's new currency ZiG starts trading
Business

Zimbabwe's new currency ZiG starts trading

Zimbabwe's new currency ZiG, which was launched on Friday, has started trading.
Somalia expels Ethiopian ambassador amid port deal row
Africa

Somalia expels Ethiopian ambassador amid port deal row

Ethiopia agreed a memorandum of understanding to lease 20 km (12 miles) of coastline in Somaliland - a territory that Somalia says it owns.
Sugar shortage hits Tunisia
Africa

Sugar shortage hits Tunisia

Sugar shortage has hit North African nation Tunisia, dampening the Ramadan mood in the largely Muslim country.
Uganda public spending to rise in next financial year
Business

Uganda public spending to rise in next financial year

Uganda has projected that its public spending in the 2024/25 financial year will go up due to planned investments in transport infrastructure.
Nigerian students' hopes hang in the balance as loan scheme is suspended
Africa

Nigerian students' hopes hang in the balance as loan scheme is suspended

This is the third time the take-off of the education programme has been put on hold. It was first supposed to start in October 2023.
The Red Sea crisis and what it means for Africa
Africa

The Red Sea crisis and what it means for Africa

It's estimated that up to 15% of the global trade, worth around $1 trillion goes through the Red Sea, with five out of the eight countries adjacent to it being African.
Jordan, Rwanda sign defence, health deals
Africa

Jordan, Rwanda sign defence, health deals

Jordan, Rwanda sign several agreements aimed at enhancing cooperation in health, defense and economy.
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What is TPLF and why is it important to Ethiopia’s peace process?

What is TPLF and why is it important to Ethiopia’s peace process?

The United Nations estimates that the conflict has affected over 9.7 million people in the country’s northern region
Five migrants die, 28 missing after boat capsizes in Tunisia

Five migrants die, 28 missing after boat capsizes in Tunisia

According to the United Nations, more than 20,000 migrants have died in the Mediterranean since 2014.
Is it time to ban the deadly chemical behind Gambia children deaths?

Is it time to ban the deadly chemical behind Gambia children deaths?

Dozens of children in the west African country have died after taking a few sips of cough syrups, which contained high quantities of poisonous diethylene glycol.
Prejudices are the things best shared between Morocco and Algeria

Prejudices are the things best shared between Morocco and Algeria

Not only do Moroccans and Algerians share the same customs, but they are also pulled down by similar downward trends and by great sociological movements — to such an extent that they differ only in their degree and not in their nature.
Burkina Faso: the reasons for endemic instability

Burkina Faso: the reasons for endemic instability

Two coups in eight months. Ten presidents, 70 percent of whom have come from the military in 62 years of independence. Burkina Faso is struggling with its political stability. How can this problem be explained?
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