Zimbabwe moves to regulate cryptocurrency sector
HARARE, June 12 (Reuters) – Zimbabwe’s government said on Friday it will require cryptocurrency businesses to register and…
IMF predicts lower growth, bigger current account deficit for debt laden Senegal
LONDON, April 14 (Reuters) – The International Monetary Fund on Tuesday slashed Senegal’s economic growth forecast for this…
MCE demands INEC chairman step aside over alleged credibility concerns
INEC Chairman, Joash Amupitan The Movement for Credible Elections (MCE) has called on the Chairman of the Independent…
AFRICA-FX-Ghana’s cedi to weaken, Nigeria’s naira seen steady next week
Jan 29 (Reuters) – Ghana’s cedi is expected to weaken further next week on firm corporate demand, while…
Uganda says to cut budget support by 84% in next financial year
KAMPALA, Jan 29 (Reuters) – Uganda plans to cut external budget support by 84.2% year-on-year in the next…
Ghana slashes interest rate to 15.50% as inflation falls
Bank of Ghana delivers another rate cutBank governor says strong growth expected in 2026Market expects further rate cuts…
South African rand slips before key interest rate decisions
JOHANNESBURG, Jan 28 (Reuters) – The South African rand slipped on Wednesday, as investors awaited interest rate decisions…
Turkey aims to lift trade volume with Nigeria to $5 billion
ABUJA, Jan 28 (Reuters) – Turkey aims to lift its trade volume with Nigeria to $5 billion from…
Precious metals prices boost South African rand ahead of central bank data
JOHANNESBURG, Jan 27 (Reuters) – The South African rand was firm on Tuesday, supported by stronger precious metals…
African nations now send more money to China than they receive in new loans
China shifts from net finance provider to net receiverAfrica sees $52 billion swing in five-year net finance flowsMultilateral…
Tanzania expects to sign $42 billion mega LNG project before June, minister says
LONDON, Jan 26 (Reuters) – Tanzania expects to sign before June a deal for its stalled project to…
South African rand at strongest since 2022 as precious metals surge
Rand last traded at 16 to the dollar in June 2022Government bonds and stocks also strong performersInvestors upbeat…