20-May-2022 to 11:49

S/African central bank raises repo rate to 4.7%

APA-Pretoria (South Africa) — South Africa’s central bank has increased its repo rate by 50-basis points to reach 4.7% starting on Friday, bank governor Lesetja Kganyago has announced.

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20-May-2022 to 11:22

Ramaphosa extols role of black businesses in S/Africa’s economy

APA-Johannesburg (South Africa) — Black businesses have a critical role to play in South Africa’s economic recovery and driving the country’s participation in economic integration agenda through the African Continental Free Trade Area, President Cyril Ramaphosa has said.

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17-May-2022 to 18:25

W/Bank approves $300m to rebuild Ethiopia's conflict-ridden north

APA-Addis Ababa (Ethiopia) — The government in Addis Ababa and the World Bank have signed a financing agreement amounting to $300 million in support of the reconstruction and recovery of conflict-affected areas of Ethiopia.

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17-May-2022 to 13:02

Int’l financial system under fire from Senegalese leader

APA - Dakar (Senegal) By Abdourahmane Diallo - — President Macky Sall of Senegal harshly criticized the rules governing global economic governance, which according to him “do not match our realities.”

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17-May-2022 to 11:22

Zimbabwe removes import duty on basic commodities

APA-Harare (Zimbabwe) — The Zimbabwe government has suspended duty on imports of grocery items for the next six months in a move meant to contain a recent spike in basic commodities.

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17-May-2022 to 10:30

S/Africa: Zuma back in court for arms deal trial

APA-Pietermaritzburg (South Africa) — Former South African president Jacob Zuma returned to the Pietermaritzburg High Court on Tuesday for the continuation of his arms deal trial but the proceedings are expected to be postponed again awaiting the outcome of a Supreme Court of Appeal application to have the prosecutor removed.

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16-May-2022 to 09:51

S/Africa: Children should be in school, not working - Ramaphosa

APA-Durban (South Africa) — The increasing numbers of children being forced into child labour sets back “our efforts to eliminate child labour by 2025,” South African President Cyril Ramaphosa said on Sunday.

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