Business

From UK to South Africa, countries face huge energy bills

Gas and electricity costs are soaring due to a post-pandemic surge in demand and...

Debt-ridden Zambia secures $1.3 billion in IMF bailout

In 2020, as the Covid-19 pandemic battered Africa, Zambia became the first count...

World Bank signs off $300m grant to Mozambique after sc...

Mozambique's Finance Minister Max Tonela said the money will be used to finance ...

Ethiopian Airlines suspends pilots who missed landing b...

Independent website The Aviation Herald said the pilots fell asleep during the f...

UN ship with grain for Africa leaves Ukraine: ministry

The MV Brave Commander left the Black Sea port of Pivdennyi and will sail to Dji...

Mozambique plans wealth fund to manage gas revenues

Mozambique plans to set up a sovereign wealth fund to manage revenue from the ex...

From coffee to toothpaste, Nigerians buy small as hards...

Consumer brands behind this "sachetisation of the economy" see it as a creative ...

IMF greenlights $1 bn loan to Tanzania

Tanzania is to immediately receive the equivalent of $151.7 million. It had alre...

KCCA ED engages hawkers and vendors leaders on trade order

The Kampala Capital City Authority (KCCA) Executive Director Dorothy Kisaka has ...

Eskom contractors charged with corruption

Two of the arrested, Mohammed Mooidheen and Vernon Pillay, used to work for Esko...

Ghana president defends IMF aid decision

The decision has stoked fierce debate in Ghana, where Akufo-Addo has come under ...

Suez Canal records highest ever annual revenue of $7 bn

The income is over a fifth higher than the previous fiscal year's $5.8 billion i...

Ghana police fire tear gas to disperse protest over liv...

The West African nation, reeling from a pandemic-spurred economic slump and hamm...

African economies see reasons for optimism despite crises

Africa already showed some resilience during the pandemic as its economic contra...

Zimbabwe's inflation doubles in two months to 191%

Inflation which was at 96.4 percent in April, crept up to nearly 200 percent as ...

Uganda Pursues South African Investors

Uganda National Chamber of Commerce and Industry- UNCCI is to strengthen trade w...

Nile Chronicles News uses cookies. By continuing to browse the site you are agreeing to our use of cookies.