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Zimbabwe: Businesses and public services shut after fuel protest

Banks, schools, businesses and other public services were shut on Tuesday in Zimbabwe, a day after protests over hikes in fuel prices turned deadly.Citizens...

Uganda: Museveni questions MTN’s license fee reduction

The Ugandan Communications Commission has been ordered to clarify a $2 million reduction in MTN’s license renewal fee.Uganda’s President Yoweri Museveni is unhappy with...

Opinion: Does ‘Fair Trade’ exist in Africa?

A lot of initiatives are being implemented by African governments to rake in more foreign direct investments from commodities their countries export abroad.In 2000...

Zimbabwe to introduce new currency amid economic crisis

The Zimbabwean government has revealed that it intends introducing a new national currency.The country currently uses the U.S. dollar as its national currency but...

Seychelles tops Africa passport Index

Seychelles has been ranked number one on the African continent in the 2019 Henley Passport Index.The index looks at passports of 199 countries globally....

Aker Energy discovers 550m barrels of oil in Ghana

Aker Energy on Thursday announced that it has discovered oil in commercial quantity in Ghana. It estimates that the discovery is around 550million barrels.The...

Magufuli orders Bank of Tanzania to create gold reserve

The Central Bank of Tanzania has been ordered by President John Magufuli to create a gold reserve.This is part of measures being adopted by...

Ghana misses 8 percent inflation target for 2018

Ghana has failed to meet it's inflation target of 8 percent for last year. Ghana's Statistical Service released data which showed that inflation for...

Zambia stops ‘prolong erection’ energy drink production

Authorities in Zambia have stopped the production of an energy drink called Natural Power SX over prolong erection concerns.Concerns have been raised about the...

Amazon overtakes Microsoft as the world’s most valuable listed company

The world's largest online retailer Amazon has overtaken Microsoft to become the world's most valuable listed company.Amazon was valued at $797 billion when the...

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