[Premium Times] The Federal Government will propose to the National Assembly about N9.79 trillion as total expenditure in the 2020 budget, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said.
[Namibian] Three major airlines – South African Airways, Ethiopian Airlines and German-based Lufthansa – have all shown interest in acquiring part of cash-strapped Air Namibia.
[AIM] Maputo -The South African High Court has postponed until October the decision on whether to extradite Mozambique’s former Finance Minister, Manuel Chang, to Mozambique or to the United States.
[Citizen] Dar es Salaam -The government today has issued an advance payment amounting to $309.645 million (Sh688 billion) to Egyptian company- Arab Contractors for the construction of the 2, 115 MW Stiegler’s Gorge Hydropower project on Rufiji River.
[Monitor] Kampala -The State Minister for International Affairs, Mr Oryem Okello, yesterday said it was the choice of the Sudanese people to determine their destiny after President Omar al-Bashir was overthrown.
[Zimbabwe Independent] Zimbabwe’s US$8,2 billion 2019 national budget, presented by Finance minister Mthuli Ncube at a time the US dollar was officially trading at par with the country’s quasi-currencies on November 22 last year, has effectively shrunk to RTGS$2,6 billion using the official rate due to currency and exchange rate volatility.
[East African] Somalia President Mohamed Abdullahi Farmajo has had mixed success in the past two years, but has earned a fair score in the mid-term assessment, compared with his predecessors.
[AIM] Maputo -The United States administration made clear on Tuesday that it expects the South African authorities to extradite former Mozambican Finance Minister Manuel Chang so that he can stand trial in New York on charges of conspiracy to commit money laundering, wire fraud and securities fraud.
[New Zimbabwe] ZIMBABWE risks losing millions in foreign aid over failure to contribute to a program run by international health financial basket the Global Fund towards the purchase of much needed anti-retro viral (ARVs) drugs, it has been learnt.
[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.