Mozambique government offers guarantee to partners in LNG project
· Mozambique Government has offered a $2.25 billion guarantee to partners in Mozambique LNG
· ...
S&P Global affirms ‘AAA/A-1+’ credit assessment of the African Development Bank
· S&P Global, has affirmed ‘AAA/A-1+’ long- and short-term issuer credit assessment of the African Development Bank (AfDB).
·...
South Sudan suspended from AU for non-payment of dues
(3 minutes read)
· The African Union (AU) has suspended South Sudan from the
continental body in view of the latter’s failure to...
Hotel industry in Kenya in doldrums
(4 minutes read)
· More than 90 percent of employees in the hospitality sector
in Kenya were laid off...
News in brief –Tanzania
· Stanbic Bank Tanzania has opened a new branch located in town lying between Mbeya and CDA street in Dodoma to better serve its
customers....
World Bank forecasts Tanzania to grow slow
(3 minutes read)
· The World Bank has forecast Tanzania’s economic growth to slow down sharply in 2020...
GERD negotiations in full swing-Ethiopia
(3 minutes read)
· The tripartite negotiation between Ethiopia, Egypt and Sudan on the Guidelines and Rules...
Ethiopian tax revenue realization may hit target despite Covid
(2 minutes read)
· The tax income collection of Ethiopia was US$ 6.32 billion during the first eleven...
Kenyan Budget Presented: Effort o revive economy and employment
(3 minutes read)
· Kenya’s Finance Cabinet Secretary Ukur Yatani tabled a Ksh2.79 trillion (US$27.9 billion) budget for...
Kenya to increase excise duty: fuel prices to go up
(3 minutes read)
· The Kenya Revenue Authority (KRA) has increased the prices of a wide range...
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