[New Zimbabwe] GOVERNMENT Tuesday reacted swiftly and ordered bread-makers to reverse a 50% bread price hike that had been effected earlier in the day.
[Premium Times] The latest report by the International Monetary Fund (IMF) ranking Nigeria as the world’s second worst user of sovereign wealth funds is “fundamentally flawed”, the Nigerian government says.
[Zimbabwe Standard] The Zimbabwe Stock Exchange (ZSE) weakened in the month of March after shedding 19,36% to close the month with a market capitalisation of $15,98 billion from $19,82 billion in February, as the market self-corrects and adjusts to the recent monetary policy pronouncements.
[Thomson Reuters Foundation] Chimanimani, Zimbabwe -In eastern Zimbabwe’s Rusitu Valley, heavy rain brought by Cyclone Idai this month caused flooding that rampaged through dozens of small grocery stores and market stalls.
[East African] Tanzania has rebased its economy to include the informal sector as a way of expanding coverage of economic activity and boosting the country’s financial status, which has heavily relied on agriculture.
IVY RAMAPHOSA is used to visitors. Most weeks callers will knock on the door of her home in Soweto, on the outskirts of Johannesburg. They come trying to reach her brother, Cyril, who moved here with Ivy and their family in 1963, during the apogee of apartheid.
[This Day] The Minister of Finance, Mrs. Zainab Ahmed, has again allayed fears over federal government’s borrowings, declaring that there was no cause for alarm as the borrowings still remain within the fiscal threshold.
[The Conversation Africa] Muhammadu Buhari’s election four years ago as Nigerian president was greeted with great enthusiasm, and expectation.
[VOA] The United States and European Union expressed concern Saturday about Nigerian President Muhammadu Buhari’s suspension of the country’s top judge ahead of national elections.
[New Zimbabwe] Finance minister Mthuli Ncube has backed calls for Zimbabwe to grow cannabis for export to take advantage of the growing global legal marijuana market.