Thursday, January 23, 2025

News

SASSA to suspend SRD grants where fraud is suspected

In a decisive move to protect the integrity of the Social Relief of Distress (SRD) grant system, the South African Social Security Agency (SASSA) has announced plans to suspend...

Fuel prices in Kenya rise in latest EPRA review

The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices in its latest...

Eskom’s Turnaround Efforts: Progress, Projections, and Challenges Ahead

In recent months, South Africa's state-owned power utility, Eskom, has made significant strides in its efforts to stabilize...

Ethiopia Launches First Stock Exchange: A Historic Step in Economic Liberalization

Ethiopia has officially inaugurated its long-awaited Securities Exchange (ESX), marking a groundbreaking moment in the nation's ongoing economic...

Zimbabwe’s Currency Crisis Deepens: A Nation at a Crossroads

Zimbabwe is grappling with yet another chapter of economic turbulence as its currency crisis intensifies, undermining confidence in...

Eskom’s Turnaround Efforts: Progress, Projections, and Challenges Ahead

In recent months, South Africa's state-owned power utility, Eskom, has made significant strides in its efforts to stabilize and...

Ethiopia Launches First Stock Exchange: A Historic Step in Economic Liberalization

Ethiopia has officially inaugurated its long-awaited Securities Exchange (ESX), marking a groundbreaking moment in the nation's ongoing economic reforms....

Zimbabwe’s Currency Crisis Deepens: A Nation at a Crossroads

Zimbabwe is grappling with yet another chapter of economic turbulence as its currency crisis intensifies, undermining confidence in the...

Kenya Shuts Down 116 Companies Amid Economic Struggles, Thousands of Jobs at Risk

In a drastic move that is set to affect thousands of workers across Kenya, the government has shut down...

Zambia’s Kwacha Faces Record Low Amid Ongoing Drought and Economic Struggles

Zambia’s currency, the kwacha, has continued its downward slide, reaching a historic low against the U.S. dollar, with the...

Kenya Airways Makes Triumphant Return to the Nairobi Securities Exchange After Nearly Five Years

In a significant milestone for Kenya’s aviation industry, Kenya Airways has resumed trading on the Nairobi Securities Exchange (NSE)...

MSC Enhances Southern African Connectivity with Walvis Bay as New Transshipment Hub

In a significant move to strengthen its presence in Southern Africa, Mediterranean Shipping Company (MSC) has set Walvis Bay,...

MSC Launches New Direct Service to Enhance Connectivity in West Africa

Mediterranean Shipping Company (MSC), a global leader in container shipping, has announced the launch of a new direct service...

Kenya’s Second-Hand Car Importers Face Major Losses Amid New Regulations

Second-hand car importers in Kenya are bracing for substantial losses as they race against the clock to clear vehicles...

Global Oil Market Poised for Growth in 2025: Key Highlights from the IEA December...

The global oil market is set for robust growth heading into 2025, according to the International Energy Agency’s (IEA)...

Blow to Air Tanzania as Airline is Banned from EU Skies Over Safety Issues

The European Union has banned Air Tanzania from operating within its airspace, citing concerns about compliance with international aviation...

What to expect from South Africa’s RTMC this festive season

As South Africa gears up for the festive season, the Road Traffic Management Corporation (RTMC) is intensifying its efforts...

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