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JOHANNESBURG (Reuters) – South Africa’s rand and bonds rallied on Friday as soft economic growth data in the United States ahead of a speech by Read more
By Mfuneko Toyana JOHANNESBURG (Reuters) – South Africa’s main opposition the Democratic Alliance (DA) called on Friday for an urgent parliamentary meeting to work out Read more
JOHANNESBURG — A young South African is winning widespread recognition for his unique business in Alexandra, Johannesburg. Jeffrey Mulaudzi takes tourists on bicycle rides through Read more
By TJ Strydom JOHANNESBURG (Reuters) – Africa’s largest retailer Shoprite Holdings reported a 17 percent jump in full-year profit on Tuesday, shrugging off competition in Read more
ACCRA (Reuters) – The International Monetary Fund (IMF) is evaluating Ghana’s fiscal outlook for the rest of 2016 and will consider the third review of Read more
JOHANNESBURG (Reuters) – South African mobile phone company MTN Group will sell shares worth 9.9 billion rand ($729 million), a 4 percent stake, to black Read more
NAIROBI (Reuters) – Kenya’s Uchumi Supermarkets will use a cash injection of 1.2 billion shillings ($11.83 million) from the government to repay debts owed to Read more
CAIRO (AP) — The International Monetary Fund said Thursday it will grant Egypt a $12 billion loan over three years to help the Arab world’s Read more
The nation’s dwindling economy, which the government has confirmed is technically in recession, is currently affecting other African countries. President of Benin Republic, Patrice Talon, Read more
Barclays is expected to sell more of its stake in its African subsidiary in the coming weeks to take its holding in the business to Read more
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