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Namibia’s central bank cuts 2017 growth outlook

Namibia's central bank lowered its 2017 growth forecast to 2.1 percent from its previous view of 2.9 percent, citing uncertainty around the pace of recovery in the price of uranium, it said on Monday. The southern Africa country's economy…
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Controversial tax splits Business Groups in Ghana

Business Groups in Ghana are sharply divided over the implementation of a controversial 3 percent Value Added Tax (VAT) Rate. The reintroduction of the rate which came into force on July 1, has been met with some stiff opposition from some…
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Experts meet in Ghana over illicit financial flows

Experts across Africa on Tuesday gathered in Accra to devise new strategies in tackling illicit financial flows on the continent. For the next  two days they will be discussing ways of creating a platform for a multi stakeholder engagement…
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Sudan inflation hits 34.68 pct in March

Sudan's annual rate of inflation rose to 34.68 percent in March from 33.53 percent the previous month, as food and energy prices kept rising after subsidies were cut in early November, the Central Statistics Office said on Sunday. Sudan's…
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Senegal to issue Eurobond in April

Senegal will issue a Eurobond this month in order to finance a series of infrastructure and power production projects that it hopes will push economic growth above 7 percent from next year, Finance Minister Amadou Ba said on Friday. Ba…
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