News
- Nigeria: Customs Seeks Review of N1.68trn Import Duty Waiverson October 20, 2026 at 3:14 pm
[Vanguard] The Nigeria Customs Service has called for a review of import duty concessions valued at N1.68 trillion, warning that poorly targeted waivers could undermine government revenue at a time the Federal Government is seeking to strengthen public finances and expand funding for essential services.
- Mozambique: Government to Auction Seized Mineralson October 20, 2026 at 3:11 pm
[AIM] Maputo -- The Mozambican government plans to auction minerals seized as part of efforts to promote transparent and legal mineral trading.
- Kenya: Ruto Proposes Paye Exemption for Workers Earning Up to Ksh32,333on October 20, 2026 at 3:06 pm
[Capital FM] Nairobi -- President William Ruto has proposed exempting workers earning KSh32,333 or less per month from Pay As You Earn income tax, in a move he says will increase disposable income for low-income households.
- Kenya: Ruto Defends Sh42bn Kenya Pipeline Share Transfer, Says Deal Signals Investor Confidenceon October 20, 2026 at 3:06 pm
[Capital FM] Nairobi -- President William Ruto has defended the transfer of 4.5 billion shares in Kenya Pipeline Company (KPC) from public entities to private investors, saying the transaction reflects growing confidence in Kenya's capital markets and will help mobilize funds for strategic infrastructure.
- Nigeria: Jp Morgan to Secure Nigerian Banking Licence After N50 Billion Deposit With CBN - Reporton October 20, 2026 at 2:58 pm
[Premium Times] The expansion push forms part of JP Morgan plan to broaden its presence in Africa, where it is looking to scale up its share of payments, lending, trade finance and corporate banking business.
- Nigeria: Stallion Group Companies Remain Unaffected and Fully Operationalon October 20, 2026 at 2:50 pm
[Premium Times] Stallion Group wishes to reassure its customers, bankers, business partners, suppliers and other stakeholders that the Federal High Court judgment obtained by United Bank for Africa Plc (UBA) concerns Stallion Nigeria Limited and certain other companies involved in the proceedings. It does not affect the wider Group or companies that were not parties to the case. This clarification follows media reports that, in the Group's view, have created a misleading impression about the judgment's scope.
- Namibia: Nandi-Ndaitwah Wants Easier Cross-Border Tradeby info@namibian.com.na (Namibian) on October 20, 2026 at 12:18 pm
[Namibian] President Netumbo Nandi-Ndaitwah wants Namibia and Angola to improve cross-border trade by reducing administrative delays, transport constraints and other obstacles that increase the cost of doing business.
- South Africa: Durban Targets 2,500 Jobs Through Superyacht Marina Projecton October 20, 2026 at 12:18 pm
[SAnews.gov.za] The eThekwini Municipality is advancing plans to position Durban as a leading African destination for superyachts and a service hub, with the city set to host the first African edition of the Yachting Aftersales and Refit Experience (YARE) On Tour Symposium in November 2026.
- Malawi: Transport Costs Surge in Malawi As Fuel Scarcity Biteson October 20, 2026 at 11:17 am
[Nyasa Times] Fuel shortages at the end of September lifted average monthly transport spending in Malawi by 14.3 per cent, according to research by the Employers Consultative Association of Malawi (Ecam).
- Malawi: Malawi Families Squeezed Again As Cost of Basic Needs Surgeson October 20, 2026 at 11:16 am
[Nyasa Times] Malawian households have been dealt another painful cost of living blow after the amount needed by a typical family of six to cover basic needs climbed to almost K1.15 million a month in September.
- Nigeria: INEC Chairman Warns Staff Against Partisan Politicson October 20, 2026 at 11:10 am
[Vanguard] The Chairman of the Independent National Electoral Commission (INEC), Prof. Joash Amupitan (SAN), has warned staff of the commission against partisan politics, urging them to maintain neutrality and professionalism in the discharge of their electoral duties.
- Tanzania: Regional Stock Markets Diverge As Dse Value Declineon October 20, 2026 at 11:09 am
[Daily News] Dar es Salaam -- EGIONAL stock markets are diverging, with Dar es Salaam Stock Exchange (DSE) losing approximately 0.27 billion US dollars in market value, equivalent to 712bn/-, between September 30 and October 16, 2026, as bank shares led the decline.
- Africa: Will Debt Reforms Unlock Africa's Job Potential?on October 20, 2026 at 11:09 am
[Daily News] Dar es Salaam -- THE World Bank International Monetary Fund (IMF) reforms to the Debt Sustainability Framework for Low-Income Countries offer African governments an opportunity to strengthen debt management while protecting resources needed for development and job creation.
- Tanzania: Turning Excess Liquidity Into Productive Capitaon October 20, 2026 at 11:08 am
[Daily News] Tanzania -- WHAT if the money investors are competing to lend to the government could also finance businesses, expand private-sector investment and create new opportunities for wealth creation? Tanzania's capital market is sending a clear signal: Investors have money to invest, and the challenge is increasingly about providing the right products to meet their expectations.
- Nigeria: Taraba Council Chairman Sued Over Alleged Threats to Workerson October 20, 2026 at 10:59 am
[Premium Times] The suit, filed by Hajara Sule at the Federal High Court in Jalingo on 19 October, followed the circulation of a video in which Mr Ubandoma allegedly warned government workers against engaging in political activities he considered contrary to the interests of the Governor Agbu Kefas administration.
- Sudan: Security and Defence Council Reviews Security and Economic Conditions Across the Countryon October 20, 2026 at 10:56 am
[SNA] The Security and Defence Council held its regular meeting on Monday, chaired by General Abdel-Fattah Al-Burhan, President of the Transitional Sovereignty Council (TSC) and Commander-in-Chief of the Sudanese Armed Forces (SAF).
- South Africa: UCT Study Finds Tariffs Pushed Up Prices of Pasta and Frozen Chipson October 20, 2026 at 10:44 am
[UCT] A University of Cape Town (UCT) study has found that import tariffs and anti-dumping duties have increased the retail prices of pasta and frozen chips in South Africa, highlighting the cost to consumers of trade policies designed to protect domestic producers.
- Ethiopia: Ethiopia Signs Second-Phase LNG Development Deal for Ogaden Gas Fieldon October 20, 2026 at 10:36 am
[Addis Standard] Addis Abeba -- Chinese companies GCL Group and Jurong Group have signed an agreement to develop the second phase of a liquefied natural gas (LNG) project at Ethiopia's Calub gas field in the Somali Region, as the government seeks to expand commercial use of the country's natural gas reserves.
- Kenya: Ethiopia's Abiy Urges Investment in Youth As Kenya Honors National Heroeson October 20, 2026 at 10:36 am
[Capital FM] Nairobi -- Ethiopian Prime Minister Abiy Ahmed has called for greater investment in young people, saying Kenya's next phase of development will depend on its ability to turn freedom into economic opportunities for the next generation.
- Nigeria: National Grid Crashes 81 Percent to 675mw, As 9 Plants Go Offon October 20, 2026 at 10:29 am
[Vanguard] Abuja -- Nigeria's grid electricity supply crashed by 81.5 per cent to 675 megawatts (MW) at 1pm on Monday from 3,647MW, following a drop in the number of power plants supplying the national grid from 21 to 2.
- East Africa: EU Backs Comesa Push to Tackle Waste With Multi-Million-Euro Programmeon October 20, 2026 at 10:21 am
[New Zimbabwe] THE European Union (EU) has unveiled a multi-million-euro initiative to accelerate the circular economy in Eastern and Southern Africa, as the Common Market for Eastern and Southern Africa (COMESA) seeks to turn waste into industrial value.
- Nigeria: Federal Govt to Introduce Fuel Tax When Economy Stabilises, Incomes Improve, Says Oyedeleon October 20, 2026 at 9:37 am
[Leadership] The federal government will introduce a tax on fuel only when the economy has stabilised and Nigerians' incomes can absorb it, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said.
- Zimbabwe: 'Don't Panic' - Police Assure Motorists As Electronic Traffic Crackdown Beginson October 20, 2026 at 7:41 am
[263Chat] The new electronic traffic management system has flagged 4.8 million suspected traffic violations with police saying the footage is being verified before action is taken against motorists.
- Zimbabwe: Treasury Mulls Further Cut On Electronic Transaction Taxon October 20, 2026 at 5:56 am
[New Zimbabwe] THE government is considering a further reduction in the Intermediated Money Transfer Tax (IMTT), a move that could lower the cost of digital payments.
- Zimbabwe: Zimbabwe Losing Billions By Exporting Raw Minerals Despite Beneficiation Driveon October 20, 2026 at 5:56 am
[New Zimbabwe] ZIMBABWE continues to lose out on billions of dollars in potential revenue by exporting largely unprocessed minerals, despite the government's push to promote beneficiation and value addition in the mining sector.
- Zimbabwe: Two Killed, Others Injured in Bindura Mine Blasting Accidenton October 20, 2026 at 5:56 am
[New Zimbabwe] TWO people were killed and three others seriously injured in a fatal mine accident at Goldry Mining Syndicate in Bindura on Saturday, the Zimbabwe Republic Police has confirmed.
- Nigeria: Govt Targets $1trn Economy With 30% Raw Material Value Additionon October 20, 2026 at 5:53 am
[Daily Trust] The Federal Government said Nigeria's economy could hit $1 trillion by 2030 if it achieves 30 percent value addition to all raw materials before export.
- Nigeria: NNPC Cuts Exploration Spending By 87%, Gas Flare Bill Falls to N499bnon October 20, 2026 at 5:46 am
[This Day] Abuja -- The Nigerian National Petroleum Company Limited (NNPC) slashed additions to its exploration and evaluation assets by 87.7 per cent to N78.8 billion in 2025, from N640.5 billion in 2024, according to its latest Annual Financial Report (AFS).
- Nigeria: Black-Owned Businesses Face $131bn Funding Gap in Nigeria - Reporton October 20, 2026 at 5:46 am
[This Day] Abuja -- Black-owned and led businesses in Nigeria face a funding gap estimated at $131 billion, the largest among five African countries examined in a new report by British International Investment (BII), the United Kingdom's development finance institution, and Swedfund, Sweden's development finance institution.
- Nigeria: Mining Licence Dispute - Alake's Aide Challenges UK Report On Blair's Nigeria Roleon October 20, 2026 at 5:44 am
[This Day] Abuja -- Special Adviser to the Minister of Solid Minerals Development, Kehinde Bamigbetan, has challenged a British newspaper report questioning former UK Prime Minister Tony Blair's role in advising Nigeria, arguing the allegations surrounding a mining licence dispute contradict available regulatory records.


