8 May, 2025

Moody’s says tariffs may hit African banks through China slowdown

Banks in Sub-Saharan Africa will not be directly impacted by US import tariffs, but “second round effects” could still bite, credit rating agency Moody’s has said.

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7 May, 2025

Kenya’s finance minister says no new taxes in new financial year

Kenya’s government will not impose new taxes or increase existing ones in this year’s budget proposals, the country’s finance minister has said.

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7 May, 2025

Mass culling of chicken after South African firm abandons farm over feeds bills

More than 350,000 chicken euthanised by hand after they were left starving and cannibalizing each other

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6 May, 2025

South Africa’s new employment racial quotas law faces court challenge

The Employment Equity Amendment Act allows the labour minister to set targets for the number of non-white people and women who should be in management-level. The Democratic Alliance party says it will discourage investors.

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6 May, 2025

IMF to begin 5th review of Egypt’s economic programme this week

The IMF will begin the fifth review of Egypt’s $8 billion economic reform programme, with a team scheduled to arrive in Cairo this week.

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6 May, 2025

South Africa’s Eskom aims for no power cuts for next four months

State utility Eskom says it is optimistic about South Africa’s power outlook, aiming for no electricity cuts in the next four months if breakdowns stay around current levels.

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5 May, 2025

Trump hints at extending TikTok sell deadline

The US President says in interview that he would like to see deal done.

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3 May, 2025

Somalia–Türkiye hydrocarbon deal a boost to tapping vast resources – minister

Somalia’s petroleum minister says he is optimistic the hydrocarbon partnership will confirm commercially viable reserves in the African country.

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3 May, 2025

Musk’s Starlink given green light in DR Congo after earlier ban

The regulatory authority said Starlink’s operation will begin in the coming days, reversing a previous ban after military officials warned it could be used by rebel groups.

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1 May, 2025

Innovation takes flight: TEKNOFEST TRNC 2025 lifts off in Turkish Republic of Northern Cyprus

The four-day event takes place at the old Ercan Airport in the capital Lefkosa, under the auspices of the TRNC Presidency, and features a packed schedule of competitions, air shows, exhibitions, and workshops.

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