Ivory Coast government announces $15.47 billion budget for 2021 financial year
| | | | | | |

Ivory Coast government announces $15.47 billion budget for 2021 financial year

Ivory Coast’s government has announced a new budget of $15.47 billion for the 2021 financial year, marking an increase of 6.9% on 2020’s budget. According to the Government Spokesman’s Office, the budget’s increase is meant to improve the living standards of people affected by the corona virus pandemic. As such, there are inclusions of social…

South Africa’s tourism sector at risk as government maintains ban on travel from “high risk” nations
| | | | | |

South Africa’s tourism sector at risk as government maintains ban on travel from “high risk” nations

South Africa’s government has maintained that leisure travelers from countries with higher coronavirus infection rates will not be allowed to enter the country when the borders reopen on October 1. The list of countries includes the United States, United Kingdom, France, Brazil, India, the Netherlands and Russia. However, business travelers from these countries, which are…

Central Bank Governor projects Kenyan economy to grow by 3.1%
| | | | | |

Central Bank Governor projects Kenyan economy to grow by 3.1%

Despite Kenya reeling from the effects of the coronavirus pandemic, the economy is set to expand by 3.1% this year, according to the Central Bank Governor Patrick Njoroge. The forecast reflects growing optimism among policy makers; though the Central Bank Governor’s estimate is the highest. The Ministry of Finance is expecting a growth of around…