Banks Dominate Govt’s Rwf15 Billion Five-Year Bond Issue

[New Times] Banks were allocated the biggest share of the government’s Rwf15 billion five-year Treasury bond issued yesterday, according to National Bank of Rwanda (BNR). The TB was oversubscribed at 263 per cent, one of the highest subscription rates …

[New Times] Banks were allocated the biggest share of the government's Rwf15 billion five-year Treasury bond issued yesterday, according to National Bank of Rwanda (BNR). The TB was oversubscribed at 263 per cent, one of the highest subscription rates ever.

source: AllAfrica News: Rwanda

Explainer – Budget VAT Rise Will Hurt Poor, Despite Mitigating Efforts

[Daily Maverick] Claims that the poor won’t pay more for an increase in value added tax (VAT), tabled in Malusi Gigaba’s Budget, are false. The questions are: did the Budget manage to mitigate increases in costs for the the poor – and were there other …

[Daily Maverick] Claims that the poor won't pay more for an increase in value added tax (VAT), tabled in Malusi Gigaba's Budget, are false. The questions are: did the Budget manage to mitigate increases in costs for the the poor - and were there other options?

source: AllAfrica News: South Africa

Anglican Church Endorses Vatican’s Call for Prayers for South Sudan, DRC

[VOA] Archbishop Josiah Idowu-Fearon, secretary-general of the Anglican consultative council, is appealing to the leaders of South Sudan and the Democratic Republic of the Congo (DRC) to end violence and restore peace.

[VOA] Archbishop Josiah Idowu-Fearon, secretary-general of the Anglican consultative council, is appealing to the leaders of South Sudan and the Democratic Republic of the Congo (DRC) to end violence and restore peace.

source: AllAfrica News: South Africa

O-Level Results Out

[The Herald] The Zimbabwe School Examinations Council (Zimsec) November 2017 Ordinary Level results will be released today, an official confirmed yesterday.

[The Herald] The Zimbabwe School Examinations Council (Zimsec) November 2017 Ordinary Level results will be released today, an official confirmed yesterday.

source: AllAfrica News: Zimbabwe

Govt to Pay Bonuses in Time for Elections

[New Zimbabwe] President Emmerson Mnangagwa’s government has released a tight 2017 bonus payment schedule that shall see the army paid first next month with the last of its bloated workforce set to receive their 13th cheque on the eve of this year’s ha…

[New Zimbabwe] President Emmerson Mnangagwa's government has released a tight 2017 bonus payment schedule that shall see the army paid first next month with the last of its bloated workforce set to receive their 13th cheque on the eve of this year's harmonised elections.

source: AllAfrica News: Zimbabwe

Rwandair to Fly Harare-Cape Town Route

[The Herald] Rwanda’s national air carrier, RwandAir has confirmed it will make in its maiden flight on the Harare-Cape Town route on May 16, 2018 as it seeks to grow destinations.

[The Herald] Rwanda’s national air carrier, RwandAir has confirmed it will make in its maiden flight on the Harare-Cape Town route on May 16, 2018 as it seeks to grow destinations.

In the Ruins of the House of Zupta

[Daily Maverick] The largely unspoken trump card in the turn against Zuma was the inconvenient but incontrovertible truth that Zuma’s ongoing presence in leading government would in all probability lose the 2019 elections for the ANC.

[Daily Maverick] The largely unspoken trump card in the turn against Zuma was the inconvenient but incontrovertible truth that Zuma's ongoing presence in leading government would in all probability lose the 2019 elections for the ANC.

source: AllAfrica News: South Africa

BOT’s New Measures to Boost Lending

[Citizen] Dar es Salaam -The Bank of Tanzania (BoT) has published new measures which are aimed at increasing bank lending to the private sector – but doing so at a time when the banks have been directed to contain escalating Non-Performing Loans (NPLs)…

[Citizen] Dar es Salaam -The Bank of Tanzania (BoT) has published new measures which are aimed at increasing bank lending to the private sector - but doing so at a time when the banks have been directed to contain escalating Non-Performing Loans (NPLs). The measures are intended to improve growth of credit, which contracted last year from the highest growth rate of 24 per cent in early 2016.

source: AllAfrica News: Tanzania