Author: James Ndwaru

In recent times, online casinos have become a go-to for entertainment, with Spanish online casinos specifically catching the eye of many in Ghana. The question is, why are these particular casinos so appealing? Let’s delve into the key factors like game variety, gaming quality, and the trustworthiness of these sites to give us some clues.

At his inauguration, Nigeria’s new president, Bola Ahmed Tinubu, announced that his administration would do away with the fuel subsidy. The announcement resulted in a spark in prices and long queues in Nigeria as people rushed to buy fuel before the price increase when the policy took effect on July 1.

When the policy to remove Nigeria’s fuel subsidy takes effect, fuel prices in Nigeria are expected to jump from the official pump price of $0.4 to between $0.76 and $1.18. According to the United Nations, Nigeria’s rise in fuel prices will have widespread economic ramifications for over 133 million citizens plagued by multidimensional poverty.…

With its recent multimillion-dollar mining agreements, Tanzania is positioning itself as a key player in the global quest for critical raw materials. President Samia Suluhu Hassan expressed optimism: “These minerals are promoting Tanzania’s name worldwide.” Tanzania is open to investments in other areas, such as entertainment and leisure. Australia is one of the leaders in this niche, offering plenty of online entertainment, including online casinos. There are a lot of great online casinos out there, but if we had to choose one as the best, we would visit this website to find it. The Tanzania mining agreements not only enhance the country’s economic standing but also mark a shift towards sustainability, reducing dependence on global giants like China.

Mining Agreements

In a move towards becoming a mineral production hub, Tanzania signed agreements with three Australian mining companies – Peak Rare Earths, Evolution Energy Minerals, and EcoGraf.

Palamagamba Kabudi, chair of …

Digital assets have become increasingly important in business and commerce, given their growing adoption by institutions, businesses, and individuals globally. Thus, the impact of crypto assets on tax systems has become all but impossible to ignore. As the number of transactions involving crypto assets continues to rise, so does the need for governments to establish a clear policy on taxing such transactions. In such a context, the absence of a deliberate policy position is a policy decision with consequences for tax systems.…

On 15 May, President William Ruto nominated Kamau Thugge as the new governor of the Central Bank of Kenya (CBK). If the Senate and the National Assembly ratify the appointment, Thugge will begin his first term as the CBK governor in mid-June. He will replace the incumbent Patrick Njoroge who assumed office as CBK governor in 2015.

The nomination of Thugge comes at a pivotal time for the Kenyan economy. Kenya’s inflation remains high at almost 8 per cent. The Kenyan shilling has also hit all-time lows against the US dollar. Thus, the monetary policies from the CBK will most likely come in handy in the coming months. But what makes Thugge the perfect fit for the crucial role of Kenya’s top banker?…

Africa’s largest casino operator, Tsogo Sun Gaming, has emerged as a major player in the South African hotel industry by acquiring a 5% stake in the leading hotel chain, City Lodge. Share ownership data revealed that the stake was secured through HSS Investments and Entertainment Holdings, both subsidiaries of Tsogo Sun Gaming.

This move marks a potential shift in Tsogo Sun Gaming’s strategy, hinting at a return to the hotel business after the company split into separate entities – casinos, and hotels – in 2019. At the same time, the online casino sector is becoming wider and wider, as you can see here, where skilled technicians review and rate casino operators in South Africa based on various criteria, including security and reputation. Industry insiders speculate that this investment of Tsogo Sun Gaming could signify a strategic expansion into the hospitality sector.

Tsogo Sun Gaming and City Lodge Connection

Refinitiv …

When CBDCs first came to the fore, many touted such a move as a game-changer in digital finance. Many had thought that the adoption of CBDCs in Africa would take the shape of the adoption of cryptocurrencies, where the region leads in many aspects. However, challenges remain. Lack of the requisite infrastructure, low levels of financial literacy, and operational and regulatory challenges have combined to contribute to low penetration and adoption rates for CBDCs.

The lack of adoption is a current failure point for many launched CBDCs. Nigeria’s eNaira had a million customers one year into its launch, a smattering of its 221 million population. The real challenge of CBDCs lies in developing a clear sense of purpose. African central banks must answer to the kind of role that CBDCs will play in the economy and financial systems.…

The Nigerian government has taken various steps to address the persistent fuel shortages, including rehabilitating the country’s refineries, the establishment of new refineries, and promoting private sector investment in the downstream sector. However, progress has been slow, and the problem persists. However, the Dangote oil refinery’s boost to Nigeria’s oil refining capacity should help the government in its quest to address the persistent fuel shortages and end the energy sector crisis.…

Africa is a significant player in the global energy transition. It is home to 30% of the world’s mineral reserves, making it an essential continent in the shift towards sustainable energy alternatives. Parallel to this, this continent is a goldmine for gambling companies, especially online casinos, because this niche is not fully now. Still, the modern generation of Africans is open to new types of entertainment, not leaving their home. That’s why such offers with no deposit bonus codes for existing players like here are attractive to them. David Kurtz, the director of mining and construction at GlobalData, points out that there is currently a shortfall of transition metals, or there will be in the coming years. As a result, investor interest in African mines has intensified, positioning the continent to play a pivotal role in the transition towards sustainable energy alternatives.

Namibia’s Mining Landscape: A Stable Haven for Green

• An infusion of new investments and regulatory transformations is shaping financial interactions and digital payments in Africa.
• Africa’s digital payments operations produced around $24 billion in revenue in 2020, comprising domestic and cross-border payments.
• For Africa’s digital transition to run smoothly, a cohesive environment that ensures investment and funding remains necessary.

Human commerce constantly seeks more efficient exchange mediums, and this innovation is currently intensifying. Consequently, how individuals pay for products and services has changed dramatically in the 21st century. Digital payments in Africa are gradually replacing cash, and cryptocurrencies and virtual currencies have lately emerged as substitutes for conventional money concepts.

Africa has kept up with, and in some instances led, technological advancement. An infusion of new investments and regulatory transformations is shaping financial interactions and digital payments in Africa. Cash remains king in Africa. However, research indicates that its dominance may be challenged in the future years as …