01-Apr-2020 to 14:03

S/Africa cuts fuel prices amid oil market glut

APA-Johannesburg (South Africa) — South Africa on Wednesday cut fuel prices due to an oil glut on the world market following low demands for the commodity amid the current coronavirus pandemic, APA has learnt.

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01-Apr-2020 to 13:38

Lockdown brings power loadshedding relief for S/Africa

APA-Johannesburg (South Africa) — Nearly a week after South Africa embarked on a 21-day lockdown in an effort to stop the coronavirus, the country has saved enough electricity to last for three weeks without any power rationing, according to Eskom Spokesperson Sikonathi Mantshantsha on Wednesday.

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01-Apr-2020 to 12:20

Fitch downgrades S/African banks’ ratings

APA-Johannesburg (South Africa) — US-based credit ratings agency Fitch has downgraded five South African banks to BB negative status, the agency announced on Wednesday.

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01-Apr-2020 to 08:47

Nigeria slashes pump price of petrol to 123.5 per litre

APA-Abuja (Nigeria) — The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced another reduction in the pump price of petrol from N125 per litre to N123.50 per litre.

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31-Mar-2020 to 20:05

Malawi postpones tobacco market due to corona virus threats

APA-Lilongwe (Malawi) — Malawi Tobacco Commission (TC) has postponed the opening of the green leaf's market season to a later date due to Covid-19 threats.

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31-Mar-2020 to 14:19

Senegal’s January public spending slightly up

APA - Dakar (Senegal) — The total expenditure and net loans of the State of Senegal at the end of January 2020 recorded a slight increase of 0.1 percent, compared to the same period of 2019, according to data from the Directorate of Forecasting and Economic Analyses (DPEE).

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31-Mar-2020 to 14:11

S/Africa: Taxman refunds business $133mn since lockdown - Official

APA-Pretoria (South Africa) — Some US$133 million in tax refunds have been paid out by the South African Revenue Service (SARS) to small businesses and taxpayers in South Africa since the country underwent a 21-day lockdown five days ago, the taxman said on Tuesday.

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