Reporting
South Africa’s rand edges firmer in cautious early trade
South Africa’s rand edged firmer in tentative early trade on Wednesday, as investors weighed a surge in coronavirus infections in key global centres and more signs of a creaking local economy.
Nigeria’s central bank ‘devalues’ Naira again
The Central Bank of Nigeria on Tuesday adjusted the value of the naira to exchange to the dollar at N381, as parts of measures to converge the nation’s multiple exchange rates and ensure stability.
Jurgen Klopp: Dream is to have a team full of scousers
Liverpool manager Juergen Klopp says he was encouraged by the development of the club’s academy graduates and hopes to have an entire squad of homegrown talent at his disposal in the future.
South Sudan’s central bank cuts benchmark interest rate to 10%
South Sudan’s central bank said it cut its benchmark interest rate to 10% from 13%, as part of efforts to mitigate the effects of the coronavirus outbreak on the economy.
Angola agrees to comply fully with oil cuts after OPEC pressure – sources
Angola has agreed with OPEC to comply fully with a global pact on supply curbs and will compensate for previous overproduction by cutting more from July to September, two OPEC sources said.
Kenya central bank to hold its rate-setting meeting on July 29
The Kenyan central bank’s Monetary Policy Committee will hold its next rate-setting meeting on July 29, the bank said on Tuesday.
South African central bank reduces bond purchases to R5 billion in June
The South African central bank reduced its government bond purchases to 5 billion rand ($292.64 million) in June, half the monthly average, bringing its bond holdings to 35.9 billion rand, data showed on Tuesday.
Ghana presidential candidate selects first female running mate for major party
Former Ghana President John Mahama said on Monday that he had chosen Jane Naana Opoku-Agyeman as his running mate for this year’s election, making her the first woman on a major Ghanaian party’s presidential ticket.
Amazon, Apple, Facebook, and Google CEOs to testify before antitrust panel on July 27
The chief executives of Amazon, Apple, Alphabet’s Google and Facebook will appear before a U.S. House of Representatives panel on July 27, the committee said in a statement on Monday.
Morocco’s economy to contract 13.8% in Q2, 4.6% in Q3 – agency
Morocco’s economy is expected to contract by 13.8% in the second quarter under the impact of the coronavirus lockdown, the state planning agency said on Sunday.
Kenya announces phased re-opening of the country from coronavirus lockdown
Kenya’s President Uhuru Kenyatta announced on Monday a phased re-opening of the country from a coronavirus-induced lockdown, lifting restrictions in and out of the capital Nairobi and the coastal city of Mombasa.
Barcelona outclass Villarreal after recent disappointments
Barcelona responded to a trying week by thrashing Villarreal 4-1 away to stay alive in the Liga title race, producing one of their best displays under coach Quique Setien.
Valtteri Bottas wins dramatic Austrian opener
Formula One came back with a bang on Sunday as Finland’s Valtteri Bottas won a dramatic Austrian season-opener for champions Mercedes in a race with only 11 finishers and no spectators.
Kenya Airways to lay off staff, reduce network and assets – chief
Kenya Airways will lay off an unspecified number of workers, reduce its network and also get rid of some assets due to the coronavirus crisis, its chief executive said in an internal memo reviewed by Reuters.
South Africa rand up as risk appetite revives
Rising coronavirus infections in the United States have discouraged some investors from taking big positions in the currency market, but most remain focused on the growing likelihood that major economies will continue to recover.
Lewis Hamilton, other F1 drivers take a knee in Austria
Six times world champion Lewis Hamilton and a majority of Formula One’s 20 drivers took a knee on the starting grid before Sunday’s season-opening Austrian Grand Prix.
Malawi’s election cheer dampened by coronavirus surge
Malawi’s new President Lazarus Chakwera on Saturday ordered his inauguration ceremony be scaled down amid a surge of coronavirus cases, dampening excitement around his election win.
Frank Lampard: Chelsea must get used to pressure in home stretch
Chelsea manager Frank Lampard said his team must embrace the pressure in their remaining Premier League matches as they look to secure a top-four finish and qualify for next season’s Champions League.
Recent Stories
UAE paid for tickets, test fees for Nigerian evacuees – NIDCOM chief
The United Arab Emirates authorities paid for the flight tickets and coronavirus testing for some Nigerians evacuated from the country on Wednesday, the head of the Nigeria in Diaspora Commission, Abike Dabiri-Erewa, has said .
PDP demands Ibrahim Magu’s prosecution for ‘fraud’
The Peoples Democratic Party has demanded the prosecution of the suspended Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, over alleged fraud.
Zack Orji: No marriage is perfect
He said: “I believe that a lot of people go into marriage without being prepared to make the necessary sacrifice, so at the slightest provocation, they are ready to opt out and that is not the way it’s supposed to be. It’s supposed to be a union for life. For better for worse.”
Court declines to stop probe of Senator Okorocha by EFCC, Imo government
The Abuja Division of the Federal High Court, on Wednesday, declined a request by former governor of Imo State, Rochas Okorocha, for an interim injunction to stop the Economic and Financial Crimes Commission, EFCC, and panel of inquiry that was set up by the state government, from further investigating alleged financial infractions he committed while in office.
Nigerian government postpones 2020 WASSCE indefinitely
This was announced by the Minister of Education, Adamu Adamu, while speaking to State House Correspondents the weekly Federal Executive Council presided over by President Muhammadu Buhari on Wednesday.
Most Popular
Paolo Maldini unsure over future at AC Milan
“I don’t know if there will be room for me at Milan in the future. I just want to reach the end of the season in a positive way, as we still have a lot of games to play and can do good things, then we can decide on our future.”
At least 50 killed in Myanmar landslide
The bodies of at least 50 jade miners were pulled from the mud Thursday after a landslide in northern Myanmar, fire services said, as monsoon rains worsen already deadly conditions.
Senator Sirika: I don’t control airfares
The Minister of Aviation, Senator Hadi Sirika, on Thursday, said he was not in a position to regulate airfares for airlines.
Akwa Ibom lifts ban on burial, weddings from July 4
Governor Udom Emmanuel of Akwa Ibom State has lifted the ban on burials and wedding ceremonies in the state beginning from Saturday, July 4, 2020.
Zinedine Zidane wants Lionel Messi to stay in Spain despite Barcelona exit claims
Lionel Messi was reported on Thursday to be planning to leave Barcelona in 2021, but Real Madrid coach Zinedine Zidane was hoping the Argentine maestro will stay in Spain.