· The AU aims to use G20 seat as an opportunity to call on rich nations to honour their promises to tackle climate change. · South Africa plans to prioritize its economic relationship with Kenya to boost trade and investment · South African public service workers get ready to strike · IMF approves $433 million financial aid for Kenya --- Support th…

· Tanzania’s president will present an $18 billion plan to build renewable power generation in Southern Africa at talks in Egypt. · Petra Diamonds has suspended operations at its Williamson mine in Tanzania. · Pilot strike spurs grounds Kenya Airways. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

Ghana's central bank kept its interest rate unchanged at 19%. The European Union (EU) delegation to Nigeria and ECOWAS says it will replace the gas from Russia with Nigeria gas due to the invasion in Ukraine. Mozambique extends suspension of Standard Bank from forex market for another year. Anglo American Platinum reported a 43% fall in half-year p…

Ghana to and ask IMF for help for its economy. South Africa extends daily power cuts for a week · Ghana - will hold formal talks with the International Monetary Fund on a support package. Until now, Ghana, had refused to seek IMF support to rescue an economy crippled by the pandemic, rampant inflation and a depreciating currency, despite analysts w…

- A subsidiary of Zimbabwe’s state-owned power company has signed a $110 million syndicated loan with continental trade finance bank AfreximBank. - South African retailer, Pepkor, majority owned by Steinhoff, said headline earnings jumped to ZAR5 billion ($320.1 million), up from ZAR2.3 billion a year ago. - South Africa’s National Institute For Co…

- Nigeria’s Communications Commission says MTN Nigeria’s application to renew its operating license for another ten years is still undergoing regulatory processing. The Nigerian Communications Commission that reports that MTN Nigeria’s application had already been granted are incorrect. - Egypt’s president has vowed to raise the price of government…

Ghana is seeking parliamentary approval to borrow as much as $1.7 billion in order to accelerate oil and gas exploration by acquiring and developing assets. The investment push comes after Exxon Mobil pulled out of an offshore prospect in May. South African manufacturing activity shrank at its fastest rate in 14 months in July, weighed down by tigh…

South Africa’s GDP contracted by 7% in 2020. The contraction is in line with market expectations. Debmarine Namibia reported a 13% drop in production to 1.125 million carats last year as demand slumped during the covid-19 pandemic. Zambia’s cabinet approved a economic stimulus package financed through a covid-19 bond in an effort to alleviate the p…

Zimbabwe lifts its main lending rate to 40%. from 35% previously in a bid to reduce excess liquidity and control speculation in its foreign currency market. Nigeria’s economy unexpectedly came out of a recession in the fourth quarter as restrictions to curb the spread of the coronavirus were eased. --- Support this podcast: https://podcasters.spoti…

The World Bank lays out loan conditions to South Africa’s government in order to access the $2-billion loan. S&P Global Ratings affirms Mozambique’s foreign currency rating to stable. Nigeria’s manufacturing sector contracts for sixth consecutive month. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

The Zimbabwe Revenue Authority collected $701 million for the third quarter, surpassing its own targets after coronavirus restrictions were eased. African Union chairperson calls for more funding onto fight Covid 19. Angola’s economy contracts. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

US fintech, Stripe purchases Paystack, a Nigerian payments start-up, as it looks to grow its footprint across the African continent. South African President Cyril Ramaphosa tabled a plan to revive the economy, with job creation, increased infrastructure investment and enhanced energy security. At least 2.9 million simcards were wiped off Uganda’s t…

Zambia’s eurobonds slumped for a second day as the country as the country heads for a default amid a showdown with bondholders over its request for an interest payment holiday. Bank of Uganda said foreign banks lending to local companies do not fall under its jurisdiction, exonerating itself from blame after a high court ruled that a loan arranged …

Mozambique published its proposed model for a sovereign wealth fund. Botswana supermarket chain, Choppies are suing former auditors, PwC for $40 million for not signing off on the company’s 2018 accounts. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

Nigeria’s President Muhammadu Buhari 2021 Budget has been condemned by many Nigerians after over N128 billion was earmarked for the national assembly. Vodacom has been caught up in a row with Lesotho’s regulators over alleged weak corporate governance. Land Bank seeks R10-billion more in state support. --- Support this podcast: https://podcasters.s…

Sudan’s red seaports reopened after about three days of protests. Kenya’s first fertiliser manufacturing plant is set to open in Nakuru by end of the year. South African unions strike over job losses, an inadequate public transport system, corruption and state spending curbs. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso…

Nigeria to deliver 2021 to the national assembly on Thursday. The International Monetary Fund (IMF) has extended an emergency loan of $102 million for Malawi to plug its fiscal deficit. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Chevron Nigeria to cut 25% of its workforce. Central Banks of Kenya says there is no shilling manipulation. SA and Kenya’s PMI hit new levels --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

· South Africa’s foreign direct investment inflows fell to R17.4billion in the second quarter from R29 billion in the first quarter. · Nigeria has suspended a controversial electricity tariff hike that has stoked tensions in the country as part of a deal to ward off a general strike by unions. · Copper miners in Zambia have frozen $2 billion of pla…

Namibia's economy contracted by 1.6% in 2019 compared to growth of 1.1% recorded in 2018. South Africa's manufacturing output contracted 10.6%. South African Airways needs short-term funding from the government by the end of next week to continue operating. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/sup…

Nigeria's government has asked a Milan court to order ENI and SHell to pay nearly $1.1bn as an immediate advance payment for damages related to alleged corruption deal. Air Namibia is planning to halve the salaries of employees who have been furloughed since march and to freeze filling vacant posts --- Support this podcast: https://podcasters.spoti…

South Africa has fallen deeper into recession, with gross domestic product (GDP) has dropped by 51% in the second quarter of this year. Angola's state auditor says some government-owned companies are draining the state. Ethiopia plans to sell a 5% stake in its state-run telecommunications firm to its citizens as part of measures to break up the mon…

South Africa’s Unemployment Insurance Fund bosses sacked after auditor general reveals corruption in Covid-19 funding. Mauritius revokes Century Banking licence. Morocco’s trade deficit shrank by 18% --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Nigeria’s central bank to grant more licenses for payment service banks but set a minimum capital base of $13 million. South Africa’s SOEs seek covid-19 bailout funds. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Egypt signed a $2 billion conventional and islamic loan with several international and regional. AngloGold Ashanti and Barrick Gold will sell their effective 80% stake in the Morila Gold mine in Mali, as political crisis grips Mali --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

Uganda exports highest amount of coffee in almost 30 years. Angola unveiled a 2020-2025 energy roadmap. Mali’s military junta has allowed ousted president Ibrahim Boubacar Keita to return to his residence. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

Harmony is allowed to buy AngloGold Ashanti’s South African mining assets. Botswana won’t be able to renew a deal with De Beers. Nigeria’s GDP to reflect further economic slowdown --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Zambia’s central bank governor fired with immediate effect. Nigeria doubles its voting rights in the African Development Bank --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Nigeria’s gross revenues rose to 676-Billion naira in July from 653-Billion naira in June due to higher crude oil sales and tax receipts. Gold Fields reported a four-fold jump in half-year earnings, benefiting from a surge in the price of the precious metal. Interim headline earnings per share jumped by 300% compared to the previous period. Standar…

Anglogold Ashanti, Hummingbird Resources and Cora Gold are some of the mining companies operating as normal Mali while also monitoring coup. MTN Group names Ralph Mupita as the new CEO replacing Rob Shuter. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

Ghana’s fiscal deficit is projected to narrow from 11.4% of GDP in 2020 to 9.4% in 2021. The Central Bank of Democratic Republic of Congo has raised the main interest rate to 18.5% from 7.5%. Zimbabwe’s inflation was 837.53% year-on-year in July compared to 737.26% the previous month. Tunisia’s tourism-dependent economy shrank 21.6% in the second q…

Absa Group first half-year earnings negatively affected by the coronavirus. Bad loans quadrupled, and profits could plunge by up to 97% as a result. Kenya’s biggest lender after-tax profit fell 40% to $70.1 million, while pretax profit also decreased by 28%. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/su…

Gold Fields interim profit to shoot up by 300% due to skyrocketing gold prices. Somalia’s first oil and gas licensing round in early 2021, as the country seeks petro dollars to help rebuild its struggling economy. Telkom Kenya it is no longer looking to merge its business with the Kenyan unit of India’s Bharti Airtel. --- Support this podcast: http…

Morocco plans to dissolve some state-owned companies in order to reduce their dependency on a state budget. Democratic Republic of Congo plans to suspend the value-added tax (vat) exemption on mining companies’ imports to bolster state revenue. Congo. South African Breweries to cancel $290 million of planned investments due to revenue losses. --- S…

Nigeria to comply with oil output qoutas. Anglo American on a rebound despite Covid-19. Steinhoff International first-half loss more than doubled as a coronavirus lockdown towards the end of the period weighed on sales. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

Namibia approaches IMF for an emergency loan. Kenya keeps repo rate unchanged. Sasol offloads more assets. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Nigeria’s state oil company NNPC has signed a $1.5 billion prepayment deal. The international monetary fund has approved $4.3 billion in emergency financing for South Africa, Zimbabwe’s stock market will resume trading --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

South African Airways practitioners approve a new plan to safe the airline. Botswana’s economy to shrink by less than expected. Morocco’s informal economy grows. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Tunisia negotiates repayments. Nigeria’s central bank stop lenders from import processing of maize. DRC keeps 2020 forecast unchanged. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

South Africa’s manufacturing sector plummets. Uganda’s central bank to cap banks’ rates. Egypt’s inflation surge. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Nigeria suspends chairman of the Economic and Financial Crimes Commission. Massmart slashes jobs. South Sudan cuts interest rates. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Kenya Airways to layoff staff. Morocco’s economy contracts and SASOL gives up license to explore for gas off the Mozambique coast --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Morocco’s trade deficit shrank by 12%. SASOL accelerates asset disposals. South Africa’s central branks says the economy's second quarter contracted by 30% --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

South Africa's recession deepens in first quarter. Kenya's inflation takes a dive. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

Moody’s rating agency downgrade SA’s finance institutions. Sudan plans to open for foreign financing and Sasol in talks to sell Mozambique assets. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

The Nigerian Stock Exchange plans to appoint board. The Johannesburg Stock Exchange had its best day in a week. Zambia’s will grow by more than 3% in 2020. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

The Johannesburg Stock Exchange closes in the red. West African markets remain jittery. Nigeria’s Petroleum Industry Bill goes to parliament. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

South African stock exchange bucked the international trend to close firmer. Ethiopian Airlines suspended all flights to China. African Development Bank expects Africa’s economy to rise. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support

South Africa’s Stock exchange closes firmer. Kenya's Nairobi Securities Exchange (NSE) expects the removal of a cap on commercial lending rates to spur stocks trading. Nigerian Stock Exchange ends the day in the green --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support…

Egypt to cancel planned increase in stock exchange duty. MTN Nigeria prepares to list. South African markets jittery over elections. --- Support this podcast: https://podcasters.spotify.com/pod/show/thekiso-anthony-lefifi/support