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Ethiopian Airlines earnings jump 20% in 2022/2023 fiscal year

Ethiopian Airlines earnings jumped
20% to $6.1 bln in the 2022/2023 fiscal year, despite the impact
of Russian-Ukraine war and the increase in fuel prices, the
country s state news agency reported on. | June 15, 2023 ....

Hereward Holland , Mesfin Tasew , James Macharia Chege , Ethiopian Airlines , Ethiopian News Agency , Ethiopian News ,

Rwanda to increase spending by 5.6% in 2023/2024 budget

KIGALI, June 15 (Reuters) – Rwanda’s overall spending will increase by 5.6% in the 2023/2024 fiscal year to 5.03 trillion Rwandan francs ($4 billion) compared with the current period, finance minister Uzziel Ndagijimana said during a budget speech on Thursday. Ndagijimana said 63% of the budget would be financed by domestic revenues, while external loans would constitute […] ....

Jean Bizimana , James Macharia Chege , Hereward Holland , Uzziel Ndagijimana , Philbert Girinema , International Monetary Fund , Rwanda April ,

South African central bank governor's comments on rate decision

PRETORIA (Reuters) - Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago on Thursday as he announced the central bank's decision to raise its main lending rate by 50 basis points to 8.25%. | 09:33am ....

South Africa , Olivia Kumwenda Mtambo , James Macharia Chege , Bank Quarterly Projection Model , Quarterly Projection Model ,