Business

In the wake of the country’s dwindling foreign earnings occasioned by continuous fall in the global crude oil price, economic stakeholders have stated that non-oil budgeting is sustainable despite its...

Rabat – The European Union (EU) transferred a grant of MAD 1.7 billion (€157 million) to Morocco on Monday, 26, to aid in the country’s COVID-19 response. A joint press release from the...

President Muhammadu Buhari has approved the reconstitution of the Board of the Nigerian National Petroleum Corporation (NNPC). Members of the new Board are: Mohammed Lawal (North West), Tajudeen Umar (North...

Uganda would have earned $167m in capital gains tax from the earlier deal. But the country will now take only $14.6m from the latest deal, which involves the sale of...

Rabat – Casablanca’s Inter-Municipal Cooperation Establishment (ECI) unveiled yesterday, May 28, the design of the new Casablanca bus fleet, expected to hit the road in January 2021. The new modern-looking buses boast...

In its contribution to the 2020/21 national budget, Ecama says the government should also consider a shift away from provision of agro-inputs to specialised machinery and equipment for increased agricultural...

A legal framework for the nationalisation of Kenya Airways is set for discussion when Parliament resumes next week in what could change stakes for key shareholders that include a consortium...

Rabat – According to a recent report by Arabnet and Wamda, 71% of startups in the MENA region are struggling amid the COVID-19 pandemic. The report, released May 18, analyzes the economic impacts...

Rabat – Morocco’s fruit and vegetable exports reached approximately 1.13 million tonnes between the start of 2020 and May 17, Minister of Agriculture Aziz Akhannouch announced on Tuesday, May 26, at the House of...

Portfolio and investment advisory management firm, Nico Asset Managers Limited, has outlined five key threats that could stand in the way of Malawi’s economic growth and development during the remaining...