Amid Zimbabwe’s tobacco season, growers face a financial crisis, urging for critical forex retention reforms to ensure their survival and industry sustainability.
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Economy
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Standard Bank decisively dismisses staffer linked to gold laundering scheme.
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Angola’s central bank plans to boost Euro holdings, responding to attractive interest rates and aiming for greater economic stability and diversification.
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Adesina’s AfDB leadership skyrockets capital, aims for a poverty-free Africa.
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Invictus Energy and Zimbabwe government to sign deal, unlocking one of Africa’s largest gas discoveries for energy production soon.
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TotalEnergies and QatarEnergy acquire stakes in South Africa’s offshore block 3B/4B, aiming to explore the oil and gas-rich Orange Basin alongside Namibia.
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President Nana Akufo-Addo holds off on the anti-LGBTQ bill pending a Supreme Court decision, amidst concerns of losing $3.8 billion in international funding.
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Binance to cease Naira transactions amid regulatory pressures, impacting Nigerian crypto users and market dynamics.
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Ghana faces losing $3.8 billion in World Bank aid and derailing a crucial $3 billion IMF loan if the anti-LGBTQ bill is signed into law.
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UN commits to aiding Nigeria’s fight against inflation and currency depreciation, fostering economic growth and stability.