S&P Global shows little sign that it will match a move by Moody's and downgrade Kenya, saying its rating could stay...
Feb 16, 2018
* Nigerian oil minister Emmanuel Ibe Kachikwu said he was "not ruffled" by the recent oil price decline and OPEC member...
South African stocks index rose as much as 5 percent on Thursday, putting the main index on track for its biggest one-da...
The January inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent from 15.37...
Telecommunications giant MTN is expected to do a public offer to issue 35 percent of its shares to the Ghanaian public b...
Feb 15, 2018
The Central Bank of Egypt (CBE) cut key interest rates by 100 basis points on Thursday, the bank said in a press release...
Moody's Investors Service ("Moody's") has today downgraded to B2 (stable outlook), from B1 (Rating Under Review outlook)...
The proposed Public Entities Corporate Governance Bill has criminalised the award of loans by parastatals to executives...
The Reserve Bank of Zimbabwe (RBZ) is currently working with the banks to find ways of increasing long term cheaper fina...
Quick service restaurant (QSR) group, Simbisa Brands Limited is looking to expand its business with the proposed acquisi...
The Insurance and Pension Commission (IPEC), an industry regulator, has closed down more than 224 occupational pension f...
Fintech is boosting financial inclusion across Africa, according to Ecobank (www.Ecobank.com/group), the leading indepen...
Ratings agency Moody’s has downgraded Kenya’s long-term issuer bond rating by one notch to B2 from B1 with a stable outl...
Mozambique’s economy grew by 3.7 percent in 2017, according to figures released yesterday by the government. “Growth in...
Rising prices are more of a threat to the global economy this year than joblessness, according to Bloomberg’s Misery Ind...
President Jacob Zuma has resigned with immediate effect after being recalled by the ANC National Executive Committee on...
South Africa has declared a national disaster over the drought afflicting southern and western regions including Cape To...
Angola's inflation slowed to 22.72 percent year-on-year in January compared with 23.67 percent in December, data on the...
Liberia's new President George Weah has ordered a review of concessions entered into by previous administrations, the pr...
Uganda's central bank cut its benchmark lending rate to 9.0 percent from 9.5 percent, its governor said on Tuesday, addi...
Tharisa Plc has raised approximately US$294 million through a five-year senior secured bond that will be used mainly to complete construction of the Karo Platinum Project in Zimbabwe, giving the miner
Econet Wireless Zimbabwe plans to retire its third-generation (3G) mobile network by the end of December 2027, beginning a major reallocation of spectrum and infrastructure toward fourth-generation (
Finance Minister Mthuli Ncube has disclosed 6,995 additional hotel rooms at different stages of development in Harare, alongside investment opportunities within the 1,200-hectare Masuwe Special Econom
Zimbabwe has raised producer and planning prices for the 2026/27 agricultural season, lifting maize and traditional grains to US$432 per tonne, soya beans to US$660.95, sunflower to US$826.19 and whea
Zimbabwe’s beverage and food manufacturing landscape is entering a new phase of scrutiny as the proposed acquisition of a significant stake in Dairibord Holdings by Varun Beverages raises questions ar
Zimbabwe’s platinum industry is entering a market where the next demand cycle may increasingly come from advanced industrial applications rather than its traditional automotive base, as artificial int
Zimbabwe’s platinum industry has increased refined production during the second quarter of 2026 as operational improvements at major producers lifted output, placing the country’s mining sector in a
The Zimbabwe Investment and Development Agency (ZIDA) and Invest Hong Kong have signed a memorandum of understanding establishing a framework for investment cooperation, including investor referrals,