Regional

2 months ago | November 14, 2019

Ghana’s GDP growth to slow, budget deficit to rise in 2020

ACCRA – Ghana expects economic growth to slow and the budget deficit to rise next year as oil production drops off ...

2 months ago | November 13, 2019

S.Africa’s SPAR posts profit rise despite consumer pessimism

JOHANNESBURG – South African retailer and wholesaler SPAR Group said on Wednesday that normalised annual profit ...

2 months ago | November 12, 2019

South African state airline says could cut more than 900 jobs

JOHANNESBURG – South Africa’s struggling state-owned airline South African Airways (SAA) could cut more than 900 ...

2 months ago | November 11, 2019

South Africa’s rand slips on U.S-China trade deal delay

JOHANNESBURG – South Africa’s rand dipped in early trade on Thursday, extending a slide from the previous session, ...

2 months ago | November 7, 2019

Rand slips on U.S-China trade deal delay

JOHANNESBURG – South Africa’s rand dipped in early trade on Thursday, extending a slide from the previous session, ...

2 months ago | November 6, 2019

South African rand flat amid fears of gloomy economy

JOHANNESBURG – South African rand traded flat on Wednesday, hovering near a four-session peak, as cautious ...

2 months ago | November 5, 2019

South Africa’s PetroSA eyes Russia for $359 mln farmout deal

CAPE TOWN/MOSCOW – South Africa’s national oil company PetroSA and Russia’s state geological company Rosgeologia ...

2 months ago | November 4, 2019

S.Africa bonds rally after Moody’s rating reprieve

South Africa’s dollar-denominated sovereign bonds jumped and yields of the local 10-year benchmark eased on Monday after ...

3 months ago | November 1, 2019

Africa’s MTN cancels $300 million stake sale in Mascom ...

JOHANNESBURG – South African telecoms major MTN Group Ltd has ditched a plan to sell its 53% stake in Mascom ...

3 months ago | October 30, 2019

Rand steady in wait-and-watch trade

JOHANNESBURG – South Africa’s rand was flat against the dollar on Wednesday as investors kept a cautious stance ...

3 months ago | October 29, 2019

South Africa Q3 unemployment rate at 29.1%, 11-year high

PRETORIA – South Africa’s unemployment rate stood at 29.1 % in the third quarter versus 29% in the previous ...

3 months ago | October 24, 2019

South African regulator says 40 of 46 grounded planes back in air

JOHANNESBURG – Forty of the 46 airplanes grounded this week owing to faults at the maintenance unit of state-owned ...

3 months ago | October 23, 2019

Rand weakens before inflation data’s release

JOHANNESBURG – South Africa’s rand weakened early on Wednesday, giving back some of the gains of from the day ...

AfDB readies for second edition of investment forum

JOHANNESBURG – The African Development  Bank (AfDB) has set November 11 to 13 this year as the dates for the  ...

3 months ago | October 21, 2019

Rand flat against a subdued dollar

JOHANNESBURG – South Africa’s rand was flat against the dollar on Monday, holding around the gains made in the ...

3 months ago | October 18, 2019

Rand slides further as blackouts return

JOHANNESBURG – South Africa’s rand inched lower early on Thursday, extending the previous session’s sharp drop as ...

Moyo wants Old Mutual directors jailed

Axed Old Mutual CEO Peter Moyo says there is no punishment befitting Old Mutual directors other than six months’ jail ...

3 months ago | October 17, 2019

Rand slides further as blackouts return

JOHANNESBURG – South Africa’s rand inched lower early on Thursday, extending the previous session’s sharp drop as ...

3 months ago | October 16, 2019

Nigeria inflation rises in September from near four-year low

ABUJA – Higher food prices helped push up annual inflation in Nigeria last month after three consecutive months of ...

3 months ago | October 9, 2019

Rand pauses slide as risk clouds gather

JOHANNESBURG - South Africa’s rand was little changed early on Wednesday as traders took profits on the dollar and ...