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MTN Said to Earmark Stake in Botswana Venture for Sale

The MTN Group is considering the sale of its stake in Botswana’s largest wireless carrier, according to people familiar with the matter, as chief executive officer Rob...

EU Proposes to Suspend Billions in Funds to Hungary

The European Commission on Sunday recommended suspending â‚¬7.5 billion ($7.5 billion) in funding to Hungary, Budget Commissioner Johannes Hahn said.  Hahn said the proposal is in response...

Politics derailing Zim’s Economic Recovery

Harare - Zimbabwe's economy continues to bleed as political tensions reach boiling point, ENN reports. Barely a month after unprocedurally shutting down Ecocash, the ruling...

Bank of Tanzania Urged to Review Loan Policies

The Bank of Tanzania (BoT) was urged to review policies governing loan issuance from financial institutions. Monduli district commissioner Frank Mwaisumbe made the appeal during...

AfDB Urges “Polluter Pays” Principle in Climate Financing

President of the African Development Bank (AfDB) Group Akinwumi Adesina urged the global community late Friday to use the "polluter pays" principle in dealing...