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19 Aug 21
The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
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16 Aug 21
Lebanese leaders are growing increasingly tense after its central bank decided to end fuel subsidies, raising prices amid an economic crisis already pushing many people into poverty.
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13 Aug 21
South African president Cyril Ramaphosa has told politicians that corruption which has plagued the African National Congress poses an “existential threat”, after his predecessor Jacob Zuma was jailed...
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6 Aug 21
Tito Mboweni has stepped down as South Africa’s finance minister in the wake of severe social unrest tipped to harm the country’s economic rebound from Covid-19.
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5 Aug 21
Declining birth rates and increases in life expectancy could see economic growth increase for sub-Saharan African nations in the long-term, according to ratings agency S&P.
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5 Aug 21
Falling oil revenues amid Covid-19 reemphasises the need for Gulf Cooperation Council countries to diversify their economies to spread risk, according to a report by World Bank economists.
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5 Aug 21
A United Nations conference this week saw $370m donated to Lebanon, a year after an explosion tore through its capital city – but attendees warned the struggling country it must implement...
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3 Aug 21
The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
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3 Aug 21
Israeli ministers have agreed on the first state budget since March 2018 after two years of political stalemate.
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30 Jul 21
New Lebanese prime minister Najib Mikati said this week that only a unified approach will help the nation recover from one of the greatest crises in modern history.
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28 Jul 21
Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
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27 Jul 21
A political crisis in Tunisia threatens a potential International Monetary Fund programme sought by the government, authorities have been warned.
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22 Jul 21
As Africa continues to grapple with Covid-19, creating more bankable opportunities for investors will lay the foundations for longer-term growth, argues Stephen Barnes of the Johannesburg-based...
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19 Jul 21
The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
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13 Jul 21
Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
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8 Jul 21
The International Monetary Fund has agreed a deal to loan the Seychelles US$ 107 million due to the hit to tourism it suffered following Covid-19.
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7 Jul 21
Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
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6 Jul 21
The global sukuk market will recover from a Covid-19 slump, with issuance to move towards $155bn this year, according to ratings agency Standard and Poor’s.
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5 Jul 21
The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
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1 Jul 21
Sudan will have nearly all its external debt wiped after qualifying for a World Bank and International Monetary Fund initiative.
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30 Jun 21
Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
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29 Jun 21
Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
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29 Jun 21
A university in Kenya has faced criticism after dismissing a senior accountant involved in an ongoing legal case concerning a former vice-chancellor.
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28 Jun 21
The Sudanese government is slashing spending on government business and spending more on social programmes, the country’s cabinet has said.
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24 Jun 21
Africa will need $485bn of additional financing between 2021 and 2023 to ward off a debt crisis, the president of the continent’s largest multilateral development bank has said.
19 Aug 21The Kuwaiti Cabinet has ordered all government departments to reduce spending by at least 10% this financial year, to reduce the national deficit.
16 Aug 21Lebanese leaders are growing increasingly tense after its central bank decided to end fuel subsidies, raising prices amid an economic crisis already pushing many people into poverty.
13 Aug 21South African president Cyril Ramaphosa has told politicians that corruption which has plagued the African National Congress poses an “existential threat”, after his predecessor Jacob Zuma was jailed...
6 Aug 21Tito Mboweni has stepped down as South Africa’s finance minister in the wake of severe social unrest tipped to harm the country’s economic rebound from Covid-19.
5 Aug 21Declining birth rates and increases in life expectancy could see economic growth increase for sub-Saharan African nations in the long-term, according to ratings agency S&P.
5 Aug 21Falling oil revenues amid Covid-19 reemphasises the need for Gulf Cooperation Council countries to diversify their economies to spread risk, according to a report by World Bank economists.
5 Aug 21A United Nations conference this week saw $370m donated to Lebanon, a year after an explosion tore through its capital city – but attendees warned the struggling country it must implement...
3 Aug 21The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
3 Aug 21Israeli ministers have agreed on the first state budget since March 2018 after two years of political stalemate.
28 Jul 21Violent civil unrest in South Africa risks harming the economic recovery from Covid-19 and threatens medium-term growth, according to rating agency S&P Global.
27 Jul 21A political crisis in Tunisia threatens a potential International Monetary Fund programme sought by the government, authorities have been warned.
22 Jul 21As Africa continues to grapple with Covid-19, creating more bankable opportunities for investors will lay the foundations for longer-term growth, argues Stephen Barnes of the Johannesburg-based...
19 Jul 21The African Development Bank is in a strong position, even though Covid-19 saw a shift in the organisation's priorities, according to ratings agency Fitch.
13 Jul 21Rising hunger statistics paint a grim picture for the world’s push towards meeting the United Nations’ Sustainable Development Goals by 2030, UN secretary-general Antonio Guterres has warned.
8 Jul 21The International Monetary Fund has agreed a deal to loan the Seychelles US$ 107 million due to the hit to tourism it suffered following Covid-19.
7 Jul 21Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
5 Jul 21The Ghanaian government will need to raise taxes to help alleviate the debt burden on the nation and reduce reliance on borrowing, a senior economist said.
1 Jul 21Sudan will have nearly all its external debt wiped after qualifying for a World Bank and International Monetary Fund initiative.
30 Jun 21Former South African president Jacob Zuma has been sentenced to 15 months in prison after failing to attend a corruption inquiry, fearing “significant damage to the rule of law” if he was not...
29 Jun 21Uganda is to receive $1bn from the International Monetary Fund to help its economy as it struggles with the impact of Covid-19.
29 Jun 21A university in Kenya has faced criticism after dismissing a senior accountant involved in an ongoing legal case concerning a former vice-chancellor.
28 Jun 21The Sudanese government is slashing spending on government business and spending more on social programmes, the country’s cabinet has said.
