Zimbabwe wants mining firms to list on the local bourse as part of efforts under new president Emmerson Mnangagwa to boost investment and local ownership of its vast mineral resources, a new bill before parliament showed.
Mnangagwa, who took power in November when the military ousted Robert Mugabe after nearly...
The economy of Mauritius is expected to grow by 3.9 percent this year, down from a previous forecast of 4.0 percent in December, due to an expected slowdown in agriculture and fishing activities, the statistics office said on Friday.
The Indian Ocean island economy expanded by 3.8 percent in 2017,...
South Africa will speed up visa processes and lure major conferences in an effort to boost foreign arrivals by 40 percent by 2021, its tourism minister said on Friday.
The new measures are part of a goal to attract five million additional travellers – four million international tourists and one...
The sixth edition of the Africa CEO Forum opened on Monday 26 March under the banner of "African champions: it's transformation time".
This major meeting of Africa's private sector, organised by Jeune Afrique Media Group and Rainbow Unlimited, brought together three African presidents, namely Alassane Ouattara of Côte d'Ivoire and...
South Africa’s central bank cut its main interest rate to 6.5 percent on Wednesday, in another boost for the economy after ratings agency Moody’s left intact its last investment-grade credit rating.
Traders and economists had expected the 25 basis-point cut in the repo rate after a slowdown in consumer price...
Declares Profit Before Tax of N105.3 billion
Recommends N0.85 Total Final Dividend for the Year
United Bank for Africa Plc has announced its audited results for the financial year ended December 31, 2017, showing significant growth in the contribution and market share from its pan-African subsidiaries, among other positive...
National development, economic growth, infrastructure, industrialisation and manufacturing, share a common denominator; adequate and constant power supply.
Such regularity in power supply guarantees that industries that create employment and wealth, run on a twenty-four hour cycle. Despite years of lip service to building up power supply in Nigeria, the capacity...
We are still near the start of 2018, and already it feels like tension and disorder will be the year’s defining characteristics. From anti-immigration policies in the United States to flaring geopolitical hotspots in the Middle East and East Asia, disruption, upheaval, and uncertainty seem to be the order...
Gold castings of the hands of South Africa's first black President Nelson Mandela have been sold for $10m (£7m) in bitcoin.
Canadian crypto-currency exchange firm Arbitrade bought four casts from South African businessman Malcolm Duncan.
The firm said it planned to launch a global "Golden Hands of Nelson Mandela" tour to...