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Business
Kenyan central bank cuts key lending rate to 8.25%
Kenya’s central bank monetary policy committee cut its benchmark lending rate to 8.25% on Monday from 8.50%, saying…
WATCH: Patrice Motsepe called a ‘slay king’ after saying Africa loves…
While initial reactions were divided and humorous, it appears that after having seen the the video footage of the…
Egypt village turns a profit on used tyres
Residents of the Egyptian village of Mit al-Harun have for decades eked out a living by recycling old tyres into…
Uganda angered by Kenya’s seizure of milk imports
Uganda has protested over the seizure of milk and milk products worth $360,700 (£276,300) by the Kenyan authorities…
Singer Akon signs tourism deal in Senegal homeland
Senegalese-American singer and songwriter Akon has pledged to invest in tourism in his native Senegal, industry and…
South Africa’s rand firms slightly on trade deal optimism
South Africa’s rand firmed marginally on Thursday, with sentiment towards emerging markets broadly boosted by U.S.…
South African Airways in talks over funding for shake-up
South African Airways (SAA) and lenders have had “intense discussions” to secure funds for the cash-strapped…
Algeria adopts controversial energy law
Algeria's parliament Thursday adopted a controversial law aimed at boosting investment in the oil and gas sector,…
Nigeria targets oil companies for a greater share of profits
In a move Nigeria's president hailed as a "landmark moment", Africa's largest oil producer approved legislation…
Eskom ‘disappointed’ by Moody’s downgrade of power utility
CAPE TOWN – Eskom noted with “disappointment” Moody’s Investors Service’s decision to downgrade the power utility…