The newly inaugurated president of Zambia Hakainde Hichilema has promised the country with 10% growth per year during his five-year term in power as discussions with the International Monetary Fund (IMF) over provision of financial support continue. Read more.
Rwanda experts in veterinary services and insurance sector have describe the low uptake of livestock insurance as a drawback despite the growing population of small livestock and cattle. Read more.
Zimbabwe’s Rainbow Tourism Group (RTG) posted an inflation adjusted 95% rise, $164 million pre-tax profit, during the half year ended as at June 30th 2021 from $84 million pre-tax profit prior the same period. Read more.
The Bank of Kigali Plc together in partnership with a Rwandan based coffee exporter RWACOF, has re-launched its IKOFI digital finance services provider. Read more.
Tobacco traders have cried out to the Presidency of Botswana to show them leniency regarding to the signing of the Tobacco Control Bill No.9 of 2021, which has already gone through parliament despite criticism and is said to have hard done the sector. Read more.
The government of Rwanda highlighted that it will not import maize, wheat and soybean seeds in the pending agricultural season.
The World Bank guaranteed the government of Angola with financing package for the implementation of the BITA Water Supply Project, which has the objective to develop water supply infrastructure that will provide water to urban and peri-urban belts of Luanda. Read more.
The Central Africa Building Society (CABS), which is a banking subsidiary under Old Mutual Zimbabwe, has underlined that it is dedicated to assist private sector investments that have potential to aid economic growth. Read more.
Botswana is anticipating an economic growth of 9.7% by year end 2021, which is a reasonable increase as compared with the 8.8% in the same period 2020. Read more.
With the objective being to pluck Zambia out of its protracted debt crisis, the country’s newly appointed Finance Minister Situmbeko Musokotwane, last week on Friday made a pledge to conclude talks with the International Monetary Fund (IMF) on matters of lending programme by October. Read more.
Mining firms in Zambia, particularly copper producers, are prepared to commence expansion projects next year that are valued at $2 billion after they manage to reach an agreement on royalties with a new administrative under newly elected president Hakainde Hichilema. Read more.