Tunisian lawmakers are preparing a law that would remove the exclusivity of the central bank in setting the benchmark interest rate, thus ending the bank’s monetary policy independence. The bill suggests that the central bank should set the interest rate after the approval of the government. President Kais Saied has often taken aim at the […]
The government of cash-strapped South Sudan has agreed to allocate 10,000 barrels of its crude oil per day to Chinese firms to build roads in the country. Chinese companies will build two highways in exchange, the government said in a statement after a cabinet meeting in Juba last weekend. According to deputy information minister, Lily […]
PricewaterhouseCoopers (PwC) confirmed last month it has closed operations in nine Sub-Saharan African countries following a strategic review, marking a significant retreat from the continent by one of the world’s “Big Four” accounting firms. The affected countries include Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, Democratic Republic of Congo, Republic of Congo, Guinea, and Equatorial Guinea, […]
