06-Jan-2023 to 15:50

Cote d’Ivoire increases excise duties on tobacco

APA - Abidjan (Cote d’Ivoire) — The 2023 tax schedule raises the rate of excise duties on tobacco products by one point, a measure aimed at increasing tax revenues.

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06-Jan-2023 to 09:11

Ethiopia: US startup to start trading Ethiopian coffee via e-commerce

APA-Addis Ababa (Ethiopia) — The government of Ethiopia Friday licensed CropConex, a US coffee trading firm, as the first E-Commerce Platform Operator in the country.

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05-Jan-2023 to 12:16

Ugandan MPs question new budgeting policy

APA-Kampala (Uganda) — Ugandan MPs want the Ministry of Finance, Planning and Economic Development to explain the recent shift from sector-based to programme-based budgeting.

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05-Jan-2023 to 08:43

Zimbabwe to commission new 300MW generation unit

APA-Harare (Zimbabwe) — Zimbabwe is this month set to commission the first of two new generation units that will add a combined 600 megawatts of power to the output of the country’s largest thermal power station, Energy and Power Development Minister Zhemu Soda said Thursday.

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04-Jan-2023 to 13:55

Egyptian currency plunges to unprecedented low

APA-Cairo (Egypt) — The Egyptian pound has hit an unprecedented low of 6.6 percent since the currency's devaluation in October last year, APA can report on Wednesday.

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04-Jan-2023 to 13:05

Ethiopia cuts scrap metal prices for local manufacturers

APA-Addis Ababa (Ethiopia) — Ethiopia’s Ministry of Finance (MoF) said on Wednesday that it has cut prices of scrap metals it is supplying to steel manufacturing factories as inputs for recycling.

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04-Jan-2023 to 12:48

Zambia introduces 12-hour power cuts as generation capacity dips

APA-Lusaka (Zambia) — Zambians should brace for up to 12 hours of power cuts starting as the state-owned power warned Wednesday of a drastic reduction in available water in the dam that feeds the country’s main hydropower station.

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