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...
Glencore Plc, the Switzerland-based mining and commodity trading group listed in London and Johannesburg, will begin trading in Sydney on October 14, widening its investor base as it advances multibil
Caledonia Mining’s Blanket Mine now needs its strongest quarter of 2026 to recover from a deep-level mining bottleneck that cut access to higher-grade ore, reduced gold production and forced managemen
About three quarters of everyone admitted into Zimbabwe’s prisons during the second quarter of 2026 entered without a sentence, placing court processing, bail and remand management at the centre of th
he Zimbabwe Energy Regulatory Authority has reduced diesel prices to US$2.04 per litre and petrol blend to US$2.05, effective October 8. The cuts provide limited savings for businesses and households,
Zimbabwe has separated the person selling the investment story from the person controlling the public purse, placing businessman Kudakwashe Tagwirei in charge of Economic Development and Investment Pr
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Lithium products overtook platinum group metals as Zimbabwe’s largest mineral export category excluding gold and silver, generating approximately US$2.16 billion in the nine months to September 2026.
Zimbabwe’s covered formal-sector employment contracted by 1.2% year on year in the first quarter of 2026 even as workers recorded a sharp recovery in earnings, exposing an economy that is rebuilding p
