News
- Ethiopia: Ethiopia Nears Restructuring Deal With Bondholderson June 29, 2026 at 1:29 pm
[Reporter] The Ministry of Finance announced today it has reached an agreement in principle with an Ad Hoc Committee representing investors behind its one-billion-dollar Eurobond.
- South Africa: Eskom Records More Than 400 Days Without Load Sheddingon June 29, 2026 at 1:24 pm
[SAnews.gov.za] Eskom has crossed an infrastructure milestone, hitting 406 consecutive days without load shedding, even as plummeting winter temperatures drive up power use across the country.
- Kenya: Ngong-Naivasha Road Flyover Commissioned to Ease Traffic Congestionon June 29, 2026 at 12:41 pm
[Capital FM] Nairobi -- President William Ruto is commissioning the Ngong Road-Naivasha Road Flyover at Junction Mall.
- Tanzania: Perseus Mining Injects 457.7bn/ - Into Tz Ahead of Gold Outputon June 29, 2026 at 11:35 am
[Daily News] Mwanza -- THE multi-billion-dollar Nyanzaga Gold Project has already injected 457.7bn/- into Tanzania's economy, ahead of the start of commercial gold production, expected in the first quarter of 2027.
- Tanzania: Negligent Health Workers Face NHIF Surchargeon June 29, 2026 at 10:30 am
[Daily News] Tanga -- TANGA Regional Commissioner Dr Batilda Burian has warned that health workers who negligently process National Health Insurance Fund (NHIF) claims and cause financial losses to public health facilities will be personally surcharged.
- Tanzania: Govt Allays Fears Over National Debton June 29, 2026 at 10:24 am
[Daily News] Dodoma -- THE government has allayed fears over the rise in the national debt-to-GDP ratio to 40.7 per cent, explaining that the current level is largely due to borrowing used to finance mega projects aimed at boosting economic growth and improving the living standards of citizens.
- Uganda: Democratic Front Demands Immediate Reopening of NMGon June 29, 2026 at 10:18 am
[Nile Post] The Democratic Front (DF) has strongly condemned the military raid and closure of Nation Media Group (NMG) Uganda media outlets, describing the action as a violation of constitutional guarantees on freedom of expression and press freedom.
- Ethiopia: PM Abiy Inaugurates Entoto-Kebena River and Riverside Development Project in Addis Ababaon June 29, 2026 at 9:56 am
[ENA] Addis Ababa -- Prime Minister Abiy Ahmed has officially inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa earlier this afternoon.
- Kenya: Absa Bank Kenya CEO Abdi Mohamed Resignson June 29, 2026 at 9:00 am
[Capital FM] Nairobi -- Absa Bank Kenya Managing Director and Chief Executive Officer Abdi Mohamed has resigned after serving the lender for 32 years.In a statement, the bank said Mohamed will leave his position with immediate effect to pursue other career opportunities.
- Uganda: Ntungamo Farmers Brace for Harsh Dry Season As Drought Tightens Gripon June 29, 2026 at 8:47 am
[Nile Post] Farmers in Ntungamo District are racing against worsening drought conditions as crops wither, water sources diminish and pasturelands dry up across several rural communities.
- Nigeria: Oil Price Drop - FCCPC Warns Fuel Importers, Refiners, Others Against Exploiting Consumerson June 29, 2026 at 7:32 am
[Leadership] The Federal Competition and Consumer Protection Commission (FCCPC) has warned refiners, importers, depot operators, marketers and retail outlet owners against exploiting consumers after finding only marginal reductions in the prices of petroleum products despite a sharp fall in global crude oil prices.
- Kenya: Safaricom My OneApp Hits 4.7 Million Users As Legacy Apps Face Phase-Outon June 29, 2026 at 7:28 am
[Capital FM] Nairobi -- Safaricom says adoption of its unified "My OneApp" platform has reached 4.7 million registered users in Kenya as the telecommunications giant accelerates plans to phase out its legacy digital applications.
- Kenya: President Ruto Assents to County Allocation of Revenue Bill 2026on June 29, 2026 at 7:28 am
[Capital FM] Nairobi -- President William Ruto has assented to the County Allocation of Revenue Bill 2026, paving the way for the equitable sharing of revenue among county governments across the country.
- Kenya: NTSA Says School Buses, Commercial Service Vehicles Won't Be Penalized Over New Inspection Ruleson June 29, 2026 at 7:28 am
[Capital FM] Nairobi -- The National Transport and Safety Authority (NTSA) has clarified that motorists and transport operators will not face penalties over several newly introduced vehicle inspection requirements as confusion continues over the implementation of the 2026 regulations.
- Kenya: KRA Rules Out Extension of June 30 Tax Return Deadlineon June 29, 2026 at 6:39 am
[Capital FM] Nairobi -- The Kenya Revenue Authority (KRA) has ruled out extending the June 30 deadline for filing 2025 income tax returns, warning that taxpayers who fail to comply will face penalties and possible default tax assessments.
- Nigeria: Fast-Track Deals With Chinese Firms for Port Harcourt, Warri Refineries, IPMAN Urges NNPCon June 29, 2026 at 5:58 am
[Leadership] The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Nigerian National Petroleum Company Limited (NNPC), to expedite the conclusion of the proposed Technical Equity Partnership with the two Chinese companies for the completion and operation of the Warri and Port Harcourt Refineries.
- Namibia: Nandi-Ndaitwah Heads to China With Namibian Business Delegationby info@namibian.com.na (Namibian) on June 29, 2026 at 5:58 am
[Namibian] President Netumbo Nandi-Ndaitwah says she and a delegation of Namibian business personalities will be heading to China in the coming days.
- Zimbabwe: The OK Zimbabwe Photo - What Happens When the Pavement Becomes the Marketplace?on June 29, 2026 at 5:58 am
[New Zimbabwe] Some photographs reveal more about an economy than official statistics.
- Zimbabwe: Mutoko's Granite Wealth Leaves Locals Choking On Dust and Broken Promiseson June 29, 2026 at 5:58 am
[New Zimbabwe] In Northern Mutoko, heavy machinery hums across the area, their dust from granite mining thickening the air.
- Malawi: 'The Kwacha Is Falling, Families Are Breaking' - Chithyola Paints Bleak Picture of Malawi's Economyon June 29, 2026 at 5:57 am
[Nyasa Times] Opposition Leader Simplex Chithyola Banda has delivered a grim assessment of Malawi's economy, telling residents of Bwaila that ordinary families are bearing the full weight of a collapsing currency, rising prices and shrinking opportunities.
- Rwanda: Kigali Plans to Double Public Transport Use in 10 Yearson June 29, 2026 at 5:55 am
[New Times] Kigali's ambition to increase public transport usage from 20 per cent to 50 per cent over the next decade will depend less on expanding bus routes and more on making public transport reliable, efficient and attractive enough to become the preferred choice for commuters.
- Nigeria: FCCPC Warns Oil Marketers Against Profiteering As Crude Prices Fallon June 29, 2026 at 5:49 am
[Vanguard] The Federal Competition and Consumer Protection Commission (FCCPC) has warned oil marketers against exploiting consumers, saying the current retail prices of petrol do not reflect the sharp decline in global crude oil prices.
- Sudan: Sudan, China Sign Protocol Cancelling Part of Sudan's Debt to Chinaon June 29, 2026 at 5:49 am
[SNA] Port Sudan, June 28, 2026 (SUNA) -- Sudan and China on Sunday signed a protocol under which the Chinese government agreed to cancel part of Sudan's debt, writing off four interest-free Chinese loans owed by the Sudanese government with a total value of 344.52 million Chinese yuan (Renminbi), equivalent to approximately US$50 million.
- Nigeria: Exclusive - Refinery Maintenance Fraud: EFCC Recovers ₦38.66 Billion, Other Propertieson June 29, 2026 at 5:49 am
[Premium Times] The anti-graft agency is preparing to prosecute some former and serving officials of the NNPC and contractors over alleged abuse of office, money laundering and contract fraud.
- South Africa: SACU Leaders Chart Path for Greater Regional Trade and Growthon June 29, 2026 at 5:49 am
[SAnews.gov.za] South Africa has successfully concluded the 9th Summit of Heads of State and Government of the Southern African Customs Union (SACU), marking another significant milestone in advancing regional economic integration, industrialisation and sustainable development in Southern Africa.
- Nigeria: Govt Lauds Lee Engineering, NNPC, Others for Keeping to Timelines On ELPS Projecton June 29, 2026 at 5:17 am
[This Day] Ekpo says compressor to raise gas pressure for power generation, industries
- Nigeria: Amid Drop in Global Crude Oil Price, FCCPC Warns Marketers Against Exploiting Consumerson June 29, 2026 at 5:15 am
[This Day] Executive Vice Chairman/Chief Executive, Federal Competition and Consumer Protection Commission (FCCPC), Mr. Tunji Bello, yesterday warned operators in the downstream petroleum sector against exploiting consumers by refusing to reflect the sharp decline in global crude oil prices in retail fuel prices.
- Rwanda: Kigali's Bus Reforms Face Their Real Teston June 29, 2026 at 5:15 am
[New Times] Six months into Kigali's new public transport model, there are encouraging signs that the city is moving in the right direction. Increased ridership, government-backed investment in buses, performance-based contracts, and a growing emphasis on technology suggest a deliberate effort to transform public transport from a fragmented business into a public service.
- Africa: What Will It Take for Low-Cost Airlines to Succeed in Africa?on June 29, 2026 at 5:15 am
[New Times] The success of low-cost airlines in Africa will depend less on offering cheaper tickets and more on reducing the high costs and regulatory barriers that airlines face, according to aviation experts.
- South Africa: Blaming Migrants Ignores the Real Causes of South Africa's Economic Crisison June 29, 2026 at 5:03 am
[The Conversation Africa] South Africa is in the midst of its most significant anti-immigrant mobilisation in years.


