Ventures Platform, backed by the World Bank Group’s International Finance Corp., raised $84 million to expand its financing for startups across the continent https://t.co/aopJJkbDJf
South Africa’s rand strengthens to a six-month high against the dollar and bonds rally after an auction of government debt attracted the strongest demand in almost three months https://t.co/K9SDX6lJSg
Citigroup sees Zimbabwe breaking with the past as a poster-child of triple-digit inflation and fiscal indiscipline, flagging an economic turnaround is underway https://t.co/gG4r6dB61o
Tanzanian Vice President Emmanuel Nchimbi has resigned, the local Citizen newspaper said, amid reports that’s he’s fallen out with President Samia Suluhu Hassan https://t.co/GVQVhWuwXg
Africa's economy is growing. So why isn't poverty falling? The current growth model isn't enough.
A new @WorldBankGroup + @AFD_France blog lays out 5 insights to change that — starting with the 25 MILLION jobs Africa needs every year through 2050: https://t.co/EKQSsyrlrU
Africa's economy is growing. So why isn't poverty falling? The current growth model isn't enough.
A new @WorldBankGroup + @AFD_France blog lays out 5 insights to change that — starting with the 25 MILLION jobs Africa needs every year through 2050: https://t.co/EKQSsyrlrU
Billionaire Ray Dalio said investors should reduce their bond holdings and put as much as 15% of their money in gold to hedge against the risk of a US debt crisis that he warns could be just three years away. https://t.co/BMPDnCqFZk
When IMTT was introduced, its contribution to total tax collections rose as high as 11.4%. Today, it is as low as 5%. Is there still any merit in retaining this tax head when one considers how it encourages informality in financial services? Without IMTT, we could see greater formalisation and much wider use of the financial system. And achieve more tax revenue..