Nigeria Inflation Quickens Before Currency Devaluation, Fuel Subsidy Removal Filter Through
Nigeria’s inflation rate climbed for a fifth month on food prices, and is set for further rises when
2023-06-15 20:23
South Africa Extends Ban on Scrap-Metal Exports by Six Months as it Seeks to Curb Theft
South Africa extended a ban on scrap-metal exports by six months as the government tries to combat theft
2023-06-15 18:49
H&M Blames Weather for Flat Sales as It Lags Behind Zara
Hennes & Mauritz AB blamed poor weather for flat second-quarter revenue as the Swedish retailer keeps lagging competitor
2023-06-15 14:53
Asia, US Stock Futures Climb After Fed Rate Pause: Markets Wrap
Stocks in Asia are poised for muted gains after US equities inched higher after the Federal Reserve paused
2023-06-15 06:46
Pan-African Approach Needed to Ensure Food Security: New Economy
A pan-African approach is needed to solve the continent’s food-security dilemma given the high cost of developing agricultural
2023-06-14 23:29
MTN Fights ‘Bizarre’ Funds Seizure in Cameroon Over Dispute
A Cameroon court ordered banks used by South Africa’s MTN Group Ltd. to transfer its funds into escrow
2023-06-14 23:24
Nigeria Said to Be Near Decision to Let Naira Trade More Freely
Nigeria is on the verge of making a decision to allow its local currency to trade more freely
2023-06-14 19:17
Ghana’s Surprise Uptick in Inflation May See Rate Hikes Return
Ghana’s inflation rate unexpectedly rose in May, adding pressure on the central bank to resume rate hikes next
2023-06-14 18:21
South African business confidence slips slightly in May
JOHANNESBURG South African business confidence fell slightly in May, with lower trade volumes, fewer tourists and a weaker
2023-06-14 17:58
Prosus Issues Profit Warning as Tencent’s Earnings Decline
Prosus NV issued a profit warning for its fiscal 2023 after a decline in profit at Tencent Holdings
2023-06-14 17:58
South Africa Seeks Help From China to Safeguard Supply of Solar Panels
South Africa’s electricity minister intends asking the Chinese government to help ensure that solar-power installers in the African
2023-06-14 13:28
Biden Hosts Uruguay’s Centrist President for Surprise Meeting
President Joe Biden discussed democracy, trade and climate change on Tuesday with Uruguay President Luis Lacalle Pou at
2023-06-14 08:45