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Interest Rate

Nigeria’s central bank reduces interest rate to 11.5 pct

The governor of Nigeria's central bank on Tuesday announced the reduction of the Monetary Policy Rate (MPR) from 12.5 percent to 11.5 percent. ...

Namibia’s central bank reduces repo rate to 3.75 percent

Namibia's central bank Wednesday reduced the repo rate by 25 basis points from 4 percent to 3.75 percent. Bank of Namibia governor...
Namibia's Minister of Environment and Tourism Pohamba Shifeta (Front) takes part in the inauguration of Etosha National Park perimeter fence in Onanke area, northwestern Namibia, Feb. 22, 2020. The upgrade of the perimeter fence is crucial for the conservation of the Etosha area because it will assist in the reduction of human-wildlife conflict. The 824 km perimeter would include stock-proof fencing, game-proof fencing and cable fencing. (Xinhua/Musa C Kaseke)

Namibian tourism accommodation occupancy reduces drastically amid COVID-19

The Namibian tourism accommodation occupancy has reduced drastically despite efforts to revive the sector through domestic travel, an official said Thursday. Gitta...
The flag of Lebanon features the Lebanon cedar.

Lebanon reduces reference rate to ease borrowing burden of private sector

Association of Banks in Lebanon announced on Wednesday that the Beirut Reference Rate (BRR) was reduced to 5.75 percent for the U.S. dollar and...
A woman covers her mouth with scarf on a street in Tehran, Iran, on Dec. 4, 2019. At least 56 people have died from flu in Iran over the past two months, Iranian Deputy Health Minister Alireza Reisi was quoted as saying by semi-official Mehr news agency on Monday. (Photo by Ahmad Halabisaz/Xinhua)

Iran says plasma therapy reduces COVID-19 deaths by 40 percent

Plasma therapy has so far reduced COVID-19 deaths by 40 percent in Iran, Hassan Abolqasemi, who leads the plasma therapy project for the novel...

Zimbabwe’s energy regulator reduces level of petrol blending

The Zimbabwe Energy Regulatory Authority (ZERA) on Thursday announced a reduction in the level of petrol blending with ethanol from E20 to E10. ...

Red meat consumption reduces in Kenyan

The number of Kenyans consuming red meat has reduced, a study has revealed. The study that was conducted by the Kenya Markets...
Anaemia Girls

Iron Folic Acid Supplements Lessens Anaemia in Girls

A study conducted by the Ghana Health Service (GHS) has indicated an overall reduction in anaemia levels of girls in Junior and Senior High...
Maternal mortality rate

Techiman Director of Health Has Indicated a Decline in Maternal Mortality

The Techiman Municipal Health Directorate in the Brong-Ahafo Region has recorded a reduction in maternal mortality cases in 2018, Madam Florence Iddrisa, the Municipal...
South Sudanese Pound

South Sudan cuts down work permit fees for foreigners

South Sudan on Wednesday said it has decided to lower work permit fees for foreign workers by 50 percent in the country in the...

Kenya reduces consultation fees to boost access to healthcare

Kenya on Tuesday announced a 20 percent reduction on consultation fees charged by doctors and dentists in a bid to expand access to quality...

Guinea-Bissau reduces outstanding debts by 90%

Following an official request for support from the Government of Guinea-Bissau, the African Legal Support Facility (ALSF) has provided creditor litigation support and advisory...
interest rate

Opportunity International brings down its interest rate

The CEO of Opportunity International Savings and Loans (Opportunity International), Mr. Kwame Owusu-Boateng, has expressed that the steady interest rate decline especially the Treasury...

Zambia reduces fuel pump prices

Zambia's energy regulator on Monday announced a reduction in fuel pump prices. The price of petrol has been reduced to 11.67 Zambian Kwacha (about 1.28...

Zimbabwean central bank reduces licensing fees for foreign currency change

The Reserve Bank of Zimbabwe (RBZ) has reduced registration fees for bureaus de change and reviewed the regulatory framework in a bid to enhance...

Shell Reduces Its Fuel Prices

VIVO Energy, the company behind the Shell brand in Ghana, has reduced the ex-pump prices of petroleum products at Shell service stations in the...

GOIL Lowers Fuel Prices Considerably

The Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous Oil Marketing Company GOIL, has reduced its ex-pump prices of petroleum products in the...

GOIL Reduces Prices of Fuel

Ghana’s foremost indigenous Oil Marketing Company and CIMG Petroleum Company of the year, GOIL, has reduced its ex-pump prices of petroleum products in the...

Syrian border wall reduces illegal crossings

As Turkey has completed more than half of a planned wall along its 911-km border with Syria, the number of illegal crossings and smuggling...
A truck crosses from Rwanda into Tanzania at Rusumo Border. (File)

Rwanda, Uganda one border post reduces clearance time by 25 percent

The newly operational One Stop Border Post (OSBP) facilities at the Rwanda-Ugandan border at Kagitumba, Nyagatare district has reduced clearance time by 25 percent,...

Tullow Cuts Down On 2017 Oil Output By More Than 5000 Barrels

Tullow Oil has cut down its 2017 oil projection from Ghana’s Jubilee oilfields by 5200 barrels.The figure has dropped from 73,700 barrels in 2016...
Wpid Money Growth

South African central bank reduces growth forecast for 2017

The South African Reserve Bank (SARB) on Tuesday reduced the growth rate forecast for 2017 from 1.2 percent to 1.1 percent while maintaining 1.6...

We Hope Gov’t Cuts Taxes- Aya Boafo

file image The Chief Executive Officer (CEO) of Ababio Express group of companies Aya Boafo has called on the Trade and Industry Minister designate Alan Kojo Kyeremanteng to work towards reducing taxes...

Madina Records a Decrease in Crime Rate

Reported crime rate for the last quarter of 2016, at the Madina Divisional Police Headquarters fell slightly from 1,809 in 2015 to 1,768 in...
South Sudan

Sudan reduces restrictions on humanitarian organizations

The Sudanese government on Sunday reduced restrictions on humanitarian organizations operating in the country as it approved new amendments on guidelines of the humanitarian...

Vitamin D Levels Drops When Pill Taking Is Stopped – Study

Women on the Pill risk becoming vitamin D deficient if they stop taking it, researchers have warned. American scientists have found a link between...

Australia’s Central Bank reduces rates

Australia's central bank has cut the official cash rate to a new record low 1.5 percent on Tuesday as inflation "remains quite low" despite...
Gold Fields

Goldfields Gets Tax and Royalty Cutbacks

Goldfields has reached a development agreement with government over the reduction in tax and royalty rate. Under the agreement, corporate tax rate will see a...

Dumsor Just Around The Corner for Ghanaians As Gas Supply From Nigeria Cuts

Ghanaians will suffer intermittent power outages as a result of reduction in gas supply from Nigeria, a statement from Ghana Grid Company (GRIDCo) says.Gas...

Iowa groups reduces Republican Party race to 3 candidates

The U.S. Republican Party (GOP) is now running a three-man race for the nomination to run for president in 2016, as Ted Cruz, Donald...