Business

The South African arm of steelmaker ArcelorMittal expects to cut more than 2,000 jobs, reports Reuters news agency.

In much of sub-Saharan Africa there are low levels of personal car ownership, rapidly expanding populations and a lack of efficient mass transport systems in fast-growing cities.

Some of South Africa's First National Bank (FNB) customers had something happen to them that most people dream of, money mysteriously appearing in their accounts.

Airtel Africa Ltd (IPO-AIRTA.L), a unit of India’s Bharti Airtel Ltd (BRTI.NS), on Monday set a price range of 80 to 100 pence per share for its planned initial public offering on the London Stock Exchange.

MTN Nigeria, a subsidiary of Africa’s largest telecommunications company MTN Group, will start trading shares on the Nigerian Stock Exchange on Thursday.

Ethiopian factory workers who make clothes are on average the industry's worst-paid in the world, according to a new report.

The Zambian authorities have banned an energy drink after a Ugandan man complained it had caused him to have a prolonged erection.

Durban - A Durban woman and her family are still reeling in shock and have vowed to never fly again after a “nightmare” Kulula flight on Sunday night.

An e-commerce company based in Nigeria is to become the first African start-up to be listed on the New York Stock Exchange. Jumia could go public in the next month.

Pretoria – Comair has decided to remove the 737 MAX 8 from its flight schedule, although neither regulatory authorities nor the manufacturer has required it to do so, executive director of Comair’s airline division Wrenelle Stander said on Monday.