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Zambia copper production rises to 342,734 tonnes in first five months...

Zambia’s copper production increased to 342,734 tonnes in the first five months of this year, from 330,024 tonnes in the same period of 2019,...

South Africa’s manufacturing output falls 49.4% year on year in April

South Africa’s manufacturing output fell 49.4% year on year in April during a nationwide lockdown, after contracting by a revised 5.5% in March, the...

Foreign mineworkers back at work in South African mines after lockdown

Foreign mineworkers have begun returning to South African mines, though at a slower rate than hoped, as the industry rebuilds output after the easing...

Malawi’s tobacco revenue hits 110 mln USD

Malawi's revenue from tobacco sales have reached 110.2 million U.S. dollars in its eleventh week of trading this year, officials confirmed on Thursday. According to...

Nearly half of Kenyans have cut household spending over COVID-19 distress

About 41.9 percent of Kenyan households have cut their budget in order to cope with COVID-19 related financial distress, says a government report released...

World Bank: Digitization crucial to reviving Uganda’s post-pandemic economy

The World Bank said in a report Wednesday that digital technologies are critical in reviving Uganda's economy, which has been hit hard by the...

Zimbabwe’s economy projected to shrink by 8 percent in 2020: AfDB

Zimbabwe's economy is projected to contract by around 8 percent this year due to the impact of the COVID-19 pandemic, but will modestly recover...

IMF calls for global fiscal reform after coronavirus crisis

The International Monetary Fund is concerned about rising debt in both emerging and advanced economies due to coronavirus stimulus spending, and it will urge...

U.S., Kenya formally launch trade deal talks

Kenya and the United States formally launched negotiations on Wednesday for a bilateral trade pact that the two economies hope could serve as a...

Retailers, workers in Zimbabwe reject local currency as economy re-dollarizes

As Zimbabwe slowly re-dollarizes, informal businesses in the country are increasingly refusing to accept payment of goods in local currency. Many traders who still accept...
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