Business
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Zimbabwe switches to a managed float exchange rate as a bid to encourage transparency
Zimbabwe will adopt a “managed float” exchange rate regime, Finance Minister Mthuli Ncube said on Wednesday,...
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McKinsey predicts $5.6 trillion in African business opportunities by 2025.
If Africa sustains and accelerates structural reforms over the next half-century, some believe that the continent...
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Tunisia cuts 2020 growth forecast, seeks new IMF deal
Tunisia will seek a new loan deal with the International Monetary Fund (IMF), its prime minister...
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Ethiopian draft report chides Boeing for 737 MAX plane crash
A draft interim report from Ethiopian crash investigators circulated to U.S. government agencies concludes the March...
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SA tech investment firm AYO launches $12.7m startup fund
Johannesburg Stock Exchange (JSE)-listed technology investment group AYO Technology Solutions has launched a ZAR200 million (US$12.7...
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Zambia buys artisanal gold to formalise unregulated mining
Zambia’s mining investment arm ZCCM-IH has started buying gold from artisanal and small-scale miners in a...
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Rand falls after South Africa confirms first coronavirus case
South Africa’s rand weakened against the dollar on Thursday after the government confirmed the country’s first...
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African airlines face $40 mln hit in 2020 from coronavirus
Coronavirus disruption could cost African airlines $40 million in revenue this year, a global industry body...
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Nigeria becomes Africa’s biggest economy
Nigeria has overtaken South Africa as Africa’s largest economy. And with over 200 million people, it...
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Angola diamond trading policy reform improves competition, transparency
The reforms that were made to the legal framework of the diamond trading system included the...
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