Tag: import bill

COVID-19: Kenya’s trade deficit narrows by 20% on low imports

According to trade data from the Kenya National Bureau of Statistics, half-year trade deficit fell by 20 per cent in the first half of the year compared to the corresponding period in 2019 on the back of a lower import bill.

Sudan in need of $10 billion to rebuild economy: Exactly how bad is the aftermath of political turmoil?

According to media, Sudan’s Prime Minister revealed the country needs about $8 billion in foreign aid over the next two years to cover its import bill and help rebuild its ravaged economy after months of political turmoil. To share more on the country’s economic recovery, Activist and Analyst, Hajooj Kuka joins CNBC Africa for more.