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Cash-strapped governments in some African nations are loosening the grip on their currencies and citizens are paying the price. The naira in Nigeria and the Zimbabwean dollar have been allowed to plunge to more market-reflective rates. Fuel prices have rocketed and the cost of feeding families has jumped. Blended inflation is at three digits for |
Pensana PLC - rare earths explorer - Outlines new plan which will reduce capital expenditure at Longonjo asset to USD105 million from USD200 million. Major shareholder FSDEA to provide immediate USD15 million loan facility, which forms part of a broader ...
The Algarve may be known for its spectacular seafood, but chicken is the secret passion of locals and tourists alike
Taxi drivers, street vendors and youth activists have been demonstrating against rising fuel prices, the suppression of street vending and new regulations for NGOs. The state's response have been a heavy-handed one.
Angolan police clashed with protesters and arrested dozens of people as thousands took to the streets in Luanda and other cities on Saturday to demonstrate against a hike in fuel prices.