Africa Business

[FrontPageAfrica] Monrovia -Hafina Hope presence at the LPRC pier on Monday gave onlookers, especially the management of the Liberia Petroleum Refinery Company (LPRC) some hope that for the next three weeks, vehicles do not have to queue for hours before getting gasoline - the scarcest product in Liberia over the past three weeks.

[FrontPageAfrica] Monrovia -Representative Acarous M. Gray (CDC, District #8, Montserrado County) says the draft Liberia National Tourism Authority act of 2020 will boost economic growth and raise the profile of Liberia when the bill is passed into law

[FrontPageAfrica] Freetown -At the end-of-year statutory meeting of the West African Institute of Financial & Economic Management (WAIFEM), the Executive Governor of the Central Bank of Liberia (CBL), Hon. J. Aloysius Tarlue, Jr. was selected to chair the 38th Board of Governors meeting, on behalf of Mr. Godwin I. Emefiele, Governor of the Central Bank of Nigeria. The Board comprises of the Governors of The Gambia, Ghana, Liberia, Nigeria and Sierra Leone.

[FrontPageAfrica] Monrovia -In the midst of a massive gasoline shortage crippling the Liberian economy, the George Weah-led government is said to be taking steps to avert the potential of what many fear is a major shortage of another basic commodity, rice on the horizon.

[FrontPageAfrica] Monrovia -Three senior employees of the Liberia Medicines & Health Products Regulatory (LMHRA) have decried numerous challenges confronting the entity.

[FrontPageAfrica] Monrovia -In the wake of the ongoing gasoline crisis faced by the country, a FrontPageAfrica investigation has found that 27,000 gallons of gasoline were allegedly stolen by former senior employees of the Liberian Petroleum and Refining Company (LPRC).

[FrontPageAfrica] Monrovia -President George Mannah Weah has informed officials of his government attending Monday's Cabinet Retreat to reactivate plans that will address the "harsh economic situation" currently being faced by citizens.

[Premium Times] The Federal Road Safety Corps (FRSC) in Niger has confirmed the death of six persons in a crash that occurred on Monday along Kutigi - Mokwa Road in Mokwa Local Government Area of the state.

[ANGOP] Luanda -The USA Secretary of State, Mike Pompeo, announced last Monday, in Luanda, that different American companies are to invest more than USD 2 billion in the Angolan oil and gas sector.

[East African] Somalia's President Mohamed Abdullahi Farmaajo has signed a law that gives the central government powers to sell the country's oil blocks for commercial drilling, giving his administration full control of the unexploited crude deposits.

[East African] Safaricom has opened talks with undisclosed investors to form a consortium that will this year bid for one of two Ethiopian telecoms licences due to the high entry costs that are likely to breach the Ksh100 billion ($1 billion) mark.

[East African] Uganda's Central Bank has kept its policy rate at nine per cent at its first Monetary Policy Committee meeting of 2020. This reflects opportunities for stronger credit growth and a stable exchange rate but falls short of being an economic stimulus.

[GroundUp] Suburban Johannesburg street corners attract many people seeking casual work

[Daily Maverick] Greta Thunberg's generation is making the most noise about the environment right now. But they are frustrated that they seem powerless to implement the changes they'd like to see. Most of the world's politicians are old, male, ponderous and conflicted by their relationships with the fossil-fuel industry. But in the meantime, young people all over the world are adapting their lives and business ideas to be the change they want. South Africa is no exception. In the final article of the five-part series, Mave

[ANGOP] Luanda -The General Revenue Administration (AGT) collected, from 2015 to 2019, tax revenues accounted for 89 billion kwanzas, resulting from mining activity in the country.

[Daily Maverick] With findings that neither the City of Cape Town nor the provincial government considered the full impact of development on the Cape Flats Aquifer in the Philippi Horticultural Area, the Cape High Court has sent two crucial decisions back for a second look.

[News24Wire] An in-camera witness appearing before the commission of inquiry into state capture told the commission on Monday that his evidence will destroy his relationship with former SAA head Dudu Myeni as "it will not favour her".

[New Zimbabwe] Reserve Bank of Zimbabwe governor John Mangudya says a massive half of $34.5 billion dollars in total bank balances among local banking institutions was in the hands of just 200 corporates.

[The Herald] Government has intensified efforts to recapitalise the Zimbabwe United Passenger Company (ZUPCO) as it moves to restore sanity in the public transport sector through the importation of conventional buses from Belarus and China.

[The Herald] Zimbabwe received US$6,8 billion in foreign currency receipts for the year ended December 31, 2019 with the bulk of the receipts coming from export proceeds, latest figures from the 2020 Monetary Policy Statement show.

[New Zimbabwe] Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya is optimistic the country's economy will grow by 3 % in 2020 despite unresolved problems affecting industry and the economy.

[New Zimbabwe] The Grain Millers Association of Zimbabwe (GMAZ) has dismissed as false, media claims its leaders were dodging appearance before a parliament's Lands and Agriculture committee and that the group was allocated US$27 million in government grant.

[New Zimbabwe] Foreign Affairs Minister Sibusiso Moyo says government welcomes the European Union's decision to ease sanctions imposed on the country but felt the measures were unjustified and outdated.

[Citizen] Dar es Salaam -The population of Tanzanian households that live in extreme poverty has gone down by two percentage points during the past eight years, the National Bureau of Statistics (NBS) has said.

[Premium Times] The African Development Bank (AfDB) has launched a $500 million project to begin the implementation of special agro industrialised processing zones (SAPZ) to aid agricultural growth in Nigeria.

[CIO] The parliament of Ethiopia recently passed a law imposing jail terms for people whose internet posts stir unrest, a move the government says is needed to prevent violence ahead of elections.

[This Day] The International Monetary Fund (IMF) has revised downward its 2020 Gross Domestic Product (GDP) forecast for Nigeria to two per cent, from the 2.5 per cent it had predicted earlier.

[New Times] The United Kingdom is seeking to enter into a trade pact with the East African Community member countries.

[DW] Maritime piracy has increased off the west coast of Africa, in the Gulf of Guinea, despite preventative measures. The issues lie on land rather than at sea. Is it time for the international community to intervene?

[Zimbabwe Standard] In early March, the United States of America sanctions imposed unilaterally on Zimbabwe in 2003 will expire.