CBN and Rapid Inclusive Growth

[Guardian] The 2018 Appropriation Act fixed the naira exchange rate (AAR) of N305/US$1 (the same as in 2017) and raised the benchmark oil price to $50.50/barrel from the initially proposed $45/barrel. Other things being equal, the revised benchmark wou…

[Guardian] The 2018 Appropriation Act fixed the naira exchange rate (AAR) of N305/US$1 (the same as in 2017) and raised the benchmark oil price to $50.50/barrel from the initially proposed $45/barrel. Other things being equal, the revised benchmark would trim the fiscal deficit below the indicated 1.77 per cent of GDP based on the discarded benchmark price. Hence the 2018 inflation expectation is about 1.77 per cent. In 2017, actual fiscal deficit was 1.9 per cent. Suppose total state governments' deficit amounted to

source: AllAfrica News: Nigeria

Acacia Mining On Track to Reach 2018 Production Target

[Daily News] ACACIA Mining says they are on track to reach its 2018 gold production reduced target of 435,000-475,000 ounces after another strong operating performance in the second quarter.

[Daily News] ACACIA Mining says they are on track to reach its 2018 gold production reduced target of 435,000-475,000 ounces after another strong operating performance in the second quarter.

source: AllAfrica News: Tanzania

House Loans Interest Rate Set to Go Down

[Daily News] TANZANIA Mortgage Refinance Company said yesterday that house loan interest rates are set to decline after obtaining an affordable fund from the public. The mortgage liquidity facility, owned by banks and nonbanks institutions, said they o…

[Daily News] TANZANIA Mortgage Refinance Company said yesterday that house loan interest rates are set to decline after obtaining an affordable fund from the public. The mortgage liquidity facility, owned by banks and nonbanks institutions, said they obtained 12.5bn/- at an interest rate of slightly less than 12 per cent which was reasonably low to warrant some changes on house loan yield rates.

source: AllAfrica News: Tanzania

Water Leaks Expose Dar es Salaam Dwellers to Waterborne Diseases

[Daily News] AURELLA Rose a mother of four living in Makuburi ,Ubungo, Dar es Salaam City depends on no permanent source of clean and safe water to cater for her household activities.

[Daily News] AURELLA Rose a mother of four living in Makuburi ,Ubungo, Dar es Salaam City depends on no permanent source of clean and safe water to cater for her household activities.

source: AllAfrica News: Tanzania

Higher Gear Engaged in Rhino Protection Battle

[Daily News] AS the number of black rhinos continues to dwindle worldwide, Tanzania is earnestly initiating a solid partnership between public and private sectors in a spirited initiative to protect the endangered ferocious mammals.

[Daily News] AS the number of black rhinos continues to dwindle worldwide, Tanzania is earnestly initiating a solid partnership between public and private sectors in a spirited initiative to protect the endangered ferocious mammals.

source: AllAfrica News: Tanzania

Concerted Efforts Needed to Curb Road Accidents

[Daily News] ROAD accidents are fast becoming a menace in this country as many innocent lives continue to perish unabated on our roads. To make matters worse, the bulk of such accidents are due to human error and they are preventable.

[Daily News] ROAD accidents are fast becoming a menace in this country as many innocent lives continue to perish unabated on our roads. To make matters worse, the bulk of such accidents are due to human error and they are preventable.

source: AllAfrica News: Tanzania

Minister Gugile Nkwinti Meets With Sbdm Municipalities to Address Water Challenges

[Govt of SA] The Minister of Water and Sanitation, Mr. Gugile Nkwinti met with the Executive Mayor of Sarah Baartman District Municipality (SBDM) Cllr. Eunice Kekana and the Executive Mayor of Nelson Mandela Bay Metropolitan Municipality (NMBMM) Cllr. …

[Govt of SA] The Minister of Water and Sanitation, Mr. Gugile Nkwinti met with the Executive Mayor of Sarah Baartman District Municipality (SBDM) Cllr. Eunice Kekana and the Executive Mayor of Nelson Mandela Bay Metropolitan Municipality (NMBMM) Cllr. Athol Trollip in Port Elizabeth today to discuss water and sanitation challenges in their respective areas. This meeting coincides with the beginning of Imbizo Focus Week from today and will run until 15 July 2018. These two municipalities have been badly affected by the

source: AllAfrica News: South Africa