Business

ABUJA- Nigerian trade unions may resume a nationwide strike if the government fails to publicly agree to a proposed increase in the minimum wage and to set about putting it into law, three union federations said on Sunday.

JOHANNESBURG- South Africa’s new finance minister will target spending on agriculture, infrastructure and job creation projects in his inaugural budget speech on Wednesday in a bid to haul the economy out of a recession.

Money laundering scheme WiseBanc hounded the woman until she deposited millions, after which it disappeared.

ANC Limpopo secretary Soviet Lekganyane gave municipalities until the end of this month to take action against those involved in the alleged looting.

The towering vista of Mount Kenya provides an unlikely backdrop to a tech-savvy Kenyan restaurant that has embraced crypto-currencies as a form of payment.

JOHANNESBURG - Close to a thousand members of South Africa’s Solidarity union held a demonstration on Wednesday over pay at cash-strapped state-owned weapons manufacturer Denel.

SA went through a period of economic stagnation between 2010 and 2017 that an economist has called ‘lost years’.

Eskom on Monday night narrowly averted load shedding despite a decline in peak energy demand compared to 2007 and the addition of more than 7 500MW of Eskom installed generation capacity over the last decade.

HARARE – Zimbabwean President, Emerson Mnangagwa, has described parallel market currency dealers as a national security threat, warning that his administration will take drastic measures against such traders as the country’s economy takes a knock from rising prices occasioned by a spike in exchange rates.

LONDON - Royal Dutch Shell (RDSa.AS) expects a landmark corruption trial over a Nigerian oil deal to last many months, warning staff of continued critical media coverage in the $1.3 billion case, according to an internal memo seen by Reuters