The government of Rwanda has set up a $100 million COVID-19 relief fund so as to mitigate the economic effects of the pandemic on Rwanda's economy. CNBC Africa's Arnold Kwizera spoke to Rwanda's Minister of Finance and Economic Planning, Uzziel Ndagijimana for more.
MTN Group Ltd, Africa’s largest mobile network by subscribers, said on Wednesday Chief Executive Officer Rob Shuter would step down from his role at the end of a four-year term in March 2021.
Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed says the 2020 budget may be revised if government revenues are significantly impacted by the coronavirus outbreak. Meanwhile, CFG Advisory is recommending a major policy overhaul for Nigeria to reduce its revenue vulnerabilities and budget deficits. Tilewa Adebajo the CEO of CFG Advisory who was also a former Senior Technical Adviser to the Minister of Industry Trade and Investment joins CNBC Africa for more.
Nigeria recorded an economic growth of 2.55 per cent in the fourth quarter of 2019, its highest quarterly growth since the 2016 recession. Zainab Ahmed, Nigeria’s Minister of Finance, Budget and National Planning joins CNBC Africa’s Esther Awoniyi for a focus on Africa’s largest economy.
Sustainable Development, Sustainable Debt: Zainab Ahmed: Nigeria not anywhere near debt distress levels
Nigeria's Minister of Finance, Budget and National Planning, Zainab Ahmed says it is very important for African countries to balance the need between development and debt sustainability. She also stressed that Nigeria is not anywhere near debt distress levels when asked about the government's recent borrowing plans. CNBC Africa's Kenneth Igbomor caught up with Zainab Ahmed in Dakar at International Monetary Fund’s (IMF) international conference on Sustainable Development and Debt Sustainability.
Global Gender Summit 2019: “Put prejudice behind us and give women access to finance” says Akinwumi Adesina
African Development Bank President Akinwumi Adesina has called for greater access to finance for African women when he addressed the inaugural session of the Global Gender Summit.
As online shopping heats up ahead of the holiday season, consumers should be aware of an increasingly common scam called “e-skimming,” the FBI warns.
IMF says South Africa’s debt is “becoming uncomfortable”, but no bailout requested, what you need to know
South Africa’s public debt, which is approaching rating agencies’ red line of 60% of economic output, is reaching uncomfortable levels, an IMF official said on Thursday.