Zimbabwean Currency Continues to Face Turmoil: US Dollar Preferred for Transactions
Economists say that as the new currency volatility pushes prices up, the traditional stores face collapse. But from dusk, sidewalks, store or office verandahs...
Chinese Tile Manufacturer Calls for Tax Reforms in Zimbabwe and Zambia
(3 Minutes Read)
Sunny Yi Feng Tiles Zimbabwe, a prominent Chinese tile manufacturer, is urging Zimbabwean authorities to tackle the high import duties on raw...
Mozambique’s Shipping Industry Buffeted by Political Upheaval
(3 Minutes Read)
Mozambique is facing major political instability after the disputed general elections on October 9, 2024. The Constitutional Council's endorsement of Frelimo's victory,...
Suez Canal Revenue Takes a Hit: 60% Drop in 2024 Due to Regional Turmoil
(3 Minutes Read)
According to Egyptian President Abdel Fattah al-Sisi, the Suez Canal, one of the world’s most significant maritime trade routes, experienced a...
Strengthening Economic Alliances: Zambia and Saudi Arabia’s Debt Restructuring Deal
(3 Minutes Read)
Zambia has officially agreed with Saudi Arabia to restructure more than USD 130 million in bilateral debt. This marks a crucial...
Amid Local Unrest, Kenmare Resources Keeps Mozambique Mine Running
(3 Minutes Read)
Kenmare Resources plc, a leading producer of titanium minerals and zircon, has announced that its mining operations at the Moma Titanium...
Zimbabwe Reports 3.7% Inflation Rate in December, Highlighting Successful Stabilization Measures
(3 Minutes Read)
The Zimbabwe National Statistics Agency (ZIMSTAT) reports that the country's month-on-month inflation rate dropped notably to 3.7% in December, down from...
South African Airways Enhances Perth Schedule in Response to Demand
(3 Minutes Read)
South African Airways (SAA) has revealed plans to increase its flights between Johannesburg and Perth, starting February 2, 2025. The national...
A Sweet Milestone: Tanzania Exports First Honey Shipment to China
(3 Minutes Read)
Tanzania has made a significant leap in its trade relations and agricultural export goals by sending its first honey shipment to...
Ethiopia’s Game-Changing Initiative to Boost Electric Vehicle Usage
(3 Minutes Read)
Ethiopia has introduced a detailed set of incentives aimed at promoting the adoption of electric vehicles (EVs) as part of its...
