just now


    19-Dec-2014 to 10:02

    IMF team concludes Malawi consultations

    APA-Lilongwe (Malawi) — The International Monetary Fund (IMF) has concluded consultations with Malawian authorities on the fifth and sixth reviews of the Extended Credit Facility (ECF) arrangement with the southern African country.

    Read more

    18-Dec-2014 to 14:33

    Nigeria: $1bn not missing from ECA account - minister

    APA – Lagos (Nigeria) — Nigeria’s Minister of Finance, Dr Ngozi Okonjo-Iweala, has said that no money is missing from the Excess Crude Account (ECA).

    Read more

    18-Dec-2014 to 11:06

    Newly unveiled Zimbabwe bond coins begin circulating

    APA-Harare (Zimbabwe) — The Reserve Bank of Zimbabwe (RBZ) on Thursday introduced imported bond coins that are meant to address the problem of small change that has affected the country since it adopted the multiple currency regime five years ago.

    Read more

    15-Dec-2014 to 10:01

    Mozambique apex bank leaves benchmark rates unchanged

    APA-Maputo (Mozambique) — Mozambique\'s central bank has left its key lending rate unchanged at 7.5 percent, saying Monday that inflation remained on a path consistent with targets set for 2014.

    Read more

    12-Dec-2014 to 10:50

    Malawi ministers reject hefty pay rise

    APA-Lilongwe (Malawi) — Malawi’s Minister of Finance Goodall Gondwe said that his cabinet colleagues have rejected the new salary increment which was pegged at 168 percent in a move meant to spare the country more spending amidst an ailing economy.

    Read more

    12-Dec-2014 to 09:54

    Mozambique apex bank calls for better interest rates from banks

    APA-Maputo (Mozambique) — Mozambique\'s central bank has asked four banks operating in the country to offer more affordable interest rates on lending to small and medium enterprises, state media reported Friday.

    Read more

    08-Dec-2014 to 12:29

    Egypt\'s net international reserves down to US$15.9bn in November

    APA- Cairo (Egypt) — Egypt\'s net international reserves inched down to US$15.88 billion at the end of November from US$16.90 billion in October, the Central Bank of Egypt announced on Sunday.

    Read more