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Ethio Telecoms sells just 10.7% of shares in IPO
Date:Apr 25, 2025
Ethiopia's state-owned Ethio Telecom sold only 10.7% of the shares in its initial public offering in which the government sought to trim its equity in the firm.
IMF reaches staff-level agreement on fourth review under extended fund facility with Sri Lanka
Date:Apr 25, 2025
The International Monetary Fund (IMF) says it has reached staff-level agreement on fourth review under an extended fund facility with of Sri Lanka
Sub-Saharan Africa must lift revenue to ride out global turbulence: IMF Africa
Date:Apr 25, 2025
Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid "turbulent global conditions", International Monetary Fund (IMF) Africa Director Abebe Aemro Selassie said.
Oil set for weekly fall under supply pressure
Date:Apr 25, 2025
Oil prices were set for a weekly decline of nearly 2% on the back of oversupply concerns and uncertainty around tariff talks between the United States (US) and China.
Zimbabwe’s inflation hits 85.7% as new currency struggles
Date:Apr 25, 2025
Zimbabwe’s inflation has surged to 85.7% in local currency terms for the year, according to figures released by the country’s statistics agency, Zimstat.
SA 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll
Date:Apr 25, 2025
The South African economic growth will be a bit weaker this year than thought a month ago, partly due to trade tensions, with United States President, Donald Trump having paused a 31% tariff for 90 days
SA DA party confident fiscal gap from VAT reversal can be bridged
Date:Apr 25, 2025
The Democratic Alliance (DA) has expressed confidence that the fiscal shortfall caused by the reversal of South Africa's (SA) Value Added Tax (VAT) increase can be effectively addressed.
SA EFF leader challenges Finance Minister's authority on VAT reversal
Date:Apr 25, 2025
Economic Freedom Fighters (EFF) leader Julius Malema has criticised South Africa's (SA) Finance Minister, Enoch Godongwana, over his announcement to reverse the VAT increase.
Morocco's Maroc Telecom reports Q1 profit decline
Date:Apr 25, 2025
Maroc Telecom, the largest telecom operator in Morocco, has announced a 5.9% decrease in its profit for the first quarter (Q1) of the year, as lower revenue from its domestic operations offset growth in its African markets.
Remote work is not new, it was just accelerated: Expert
Date:Apr 25, 2025
The COVID-19 pandemic may have propelled the world into remote work seemingly overnight, but according to employment law expert Yvonne Mkefa, the shift was long in the making.
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