Business

Nigeria launches eNaira digital currency

Abuja – Nigerian President Muhammadu Buhari launched the country’s new digital eNaira currency on Monday as Africa’s largest economy... Read more

25 Oct, 2021

Business

Red carpets, orange suits: Mozambique elite on trial in $2bn scandal

Maputo – For two months, Mozambique has been captivated by live footage of a trial of some of the... Read more

25 Oct, 2021

Business

Nigeria to launch eNaira digital currency

Abuja – Nigeria’s president Muhammadu Buhari will officially launch the country’s eNaira digital currency on Monday, the central bank... Read more

24 Oct, 2021

Business

Fuel shortages block food aid in famine-threatened Tigray, says UN

Addis Ababa – Fuel shortages have forced some aid groups to suspend food distribution in Ethiopia’s war-hit Tigray region,... Read more

22 Oct, 2021

Business

Mozambique lauds Credit Suisse guilty plea in debt scandal

Maputo – Mozambique welcomed on Thursday an admission of misconduct by Credit Suisse, which agreed to pay a fine in... Read more

22 Oct, 2021

Business

IMF sees Africa lagging in rebound from pandemic blow

Abidjan – The International Monetary Fund on Thursday forecast that Africa’s economic rebound from pandemic-induced shrinkage would be weaker than... Read more

21 Oct, 2021

Business

South Africa’s ‘youngest millionaire’ arrested over fraud allegations

Johannesburg – High-flying cryptocurrency trader and self-proclaimed millionaire Sandile Shezi has been arrested on allegations of fraud. Reports indicated... Read more

21 Oct, 2021

Business