THE IMF said its Executive Board on Friday approved the disbursement of $258 million to Kenya. The IMF said in a statement the board’s decision on the disbursement would bring total IMF financial support under Kenya’s Extended Fund Facility and…
THE mutual trade relations existing between China and Africa, has been described as a measure that could facilitate rapid economic growth of Nigeria, thus taking the country and its people out of its present economic stagnation. Dr. Sidney Inegbedion, President…
NIGERIANS will start paying value added tax (VAT) for using Facebook, beginning from 1st of January 2022. TheNewsGuru.com (TNG) reports the tax is directly to Nigerians who use the platform as a means to market or sell their products. Already,…
PETRA Diamonds will grant the government of Tanzania a 16 percent free carried interest in its subsidiary Williamson Diamonds Limited, CEO Richard Duffy said at a signing ceremony in Dar Es Salaam on Monday, December 13. The move will bring…
THE World Bank has withdrawn its support for a population and housing census in Sierra Leone just days before it was due to begin, according to a letter from the Bank addressed to Sierra Leone’s finance minister. President Julius Maada…
By Norbert Fidelis MR. Chidiebere. C. O biorah is the CEO and Managing Director of OBIC TRADE He is specialised in Bitcoin trading as well as phone accessories and gadgets. According to to him, the Bitcoin business is gaining wide…
THE Democratic Republic of Congo (DRC) is a rare ‘bright spot’ in Africa’s economic performance as high commodity prices and government reform improve finances, the head of the International Monetary Fund said on Wednesday. Congo’s economy is expected to grow…
ABOUT US$1.7 trillion ‘is estimated to be wagered on illicit betting markets each year, according to a new report released on Thursday by the United Nations Office on Drugs and Crime (UNODC). The Global Report on Corruption in Sport which…
WHEN Paul and I were starting Microsoft, we had a vision that personal computers would one day play a significant role in people’s lives. But I don’t think either of us ever foresaw a future where they would be your…
SOUTH Africa’s wholly black-owned Cannabis Holdings Group, Labat Africa Limited, has listed its shares as a dual listing on the Frankfurt Stock Exchange (FSE). The shares were admitted to trading when the market opened Monday, without restriction. Labat listed on…
