REVIMO Suspends Contracts of 1,380 Employees Due to Financial Losses
REVIMO has suspended contracts for around 1,380 employees due to 655 million Meticais in losses from post-election unrest. Only four...
Companies
Safaricom’s Ziidi Launch Raises Questions About Mali Money Market Fund
Safaricom has not disclosed the fate of its original money market fund, Mali, while it focuses on the launch of...
Rand Declines Following Trump’s Funding Cut Announcement
The South African rand fell following President Trump's announcement to cut federal funding, while the dollar weakened due to lower-than-expected...
Health Risks of Toxic Lead Mining in Kabwe, Zambia
Lead mining in Kabwe, Zambia, is endangering children's health due to toxic waste. Despite regulations against unsafe mining, companies are...
Brava Energia’s Stock Climbs Following Record February Production Results
Brava Energia's shares have risen nearly 10% following a 9.2% increase in production in February compared to January. Analysts commend...
Zimbabwe Faces Economic Crisis as US Cuts Foreign Aid
Zimbabwe is facing a cash shortage after the US cut foreign aid, affecting banks and businesses dependent on US dollars....
Controversy Surrounds Potassium Mining Project in Brazil’s Amazon Rainforest
The potassium mining project in Brazil's Amazon is creating significant discord within the Mura Indigenous tribe, weighing economic prospects against...
Bolivia Initiates Bidding Process for Natural Gas Pipeline Expansion
Bolivia has launched a bidding process to expand its natural gas pipeline network, aimed at improving energy distribution and attracting...
DR Congo’s Mining Contract with China Faces Criticism from NGOs: Financial Risks Highlighted
A contentious mineral contract between the DRC and China has faced backlash from NGOs, who cite impending financial losses and...
Argentina’s Economy Minister Denies IMF Currency Devaluation Requirement for Financing Deal
Economy Minister Luis Caputo denied IMF demands for Argentina to devalue its currency in exchange for new financing. The Milei...
