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Mauritius’ MCB Signs US$800m Deal

PORT LOUIS - The Mauritius Commercial Bank Ltd (MCB), Standard Chartered Bank and Sumitomo Mitsui Banking Corporation Europe Limited have announced the signing and successful closing of...
Reserve Bank of Zimbabwe governor John Mangudya

Zimbabwe Considering Devaluing Quasi-Dollars, Official Says

HARARE - Zimbabwe’s central bank is considering devaluing its quasi-currency as part of a raft of reforms to the nation’s foreign-exchange system, according to...

Nigeria Expects Final Results of Presidential Election

LAGOS-About 48 hours after Nigerians voted in the presidential election, the Independent National Electoral Commission (INEC) will today commence the final announcement of the...

Ryanair post first loss since 2014 amid fare cut

LONDON - Ryanair posted a net loss of €19.6m (£17.2m) for the last three months of the year, its first quarterly loss since March...

Zimbabwe Hikes Electricity Tariffs Again

Harare: The Zimbabwe Electricity Supply Authority (ZESA) has hiked electricity tariffs by 50%, giving a cumulative 300% tariff increase within the past two months,...