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The battle for the AfDB presidency underway in Abidjan

28/05/2015 13:55:32

The board members of the AfDB are busy electing the next President of the bank with eight capable candidates vying for the position.

S.Africa fingered in FIFA scandal

27/05/2015 18:29:28

The awarding of the 2010 FIFA World Cup to South Africa is being investigated by the FBI.

Global FIFA officials arrested in US, Sepp Blatter not charged

27/05/2015 12:44:26

Swiss police arrested some of the most powerful figures in global soccer on Wednesday.

Africa's GDP growth seen at pre-economic crisis levels: AfDB

25/05/2015 10:45:25

African economies will grow 4.5 per cent this year and five per cent in 2016 due to rising demand for exports.

Southern Africa

China: Africa’s friend or foe?

28/05/2015 11:22:24

China’s economic slowdown has affected its ability to finance loans to African countries.

South Africa says bribe allegations `baseless and untested'

28/05/2015 11:00:36

SAFA has made a spirited defense over FIFA allegations saying S.Africa's bid was run, by among others, late president Nelson Mandela.

Malawi to spend $47 mln for maize: finance minister

28/05/2015 07:50:42

Malawi plans to spend US$47 mln on maize purchases locally and abroad to address food shortages.

Mining & finance lift S.Africa’s GDP by 1.3% q/q

26/05/2015 11:01:24

Real gross domestic product (GDP) at market prices increased by 1.3 per cent during the first quarter of 2015.

Western Africa

Nigeria’s internet expansion is a feasible possibility

26/05/2015 13:24:58

Nigeria targets 30 per cent broadband penetration by 2015, as the ICT industry has been described as “viable”.

IFC, Ecobank inject US$110 mln in fragile states

26/05/2015 10:18:32

IFC and Ecobank have partnered on a US$110 mln risk-sharing facility meant to increase access to finance for SMEs in conflict regions.

Nigerian oil producers end strike after fuel shortage affects big business

25/05/2015 13:50:32

Severe fuel shortages in Nigeria hit the services of Africa's largest mobile telecoms operator, MTN, on Monday.

Nigerian military says killed scores of Boko Haram militants, rescued 20 women and children

25/05/2015 09:25:27

Nigeria's military killed scores of Boko Haram militants and rescued 20 women and children as part of an operation in the Sambisa forest.

East Africa

Tanzania to spend $2 bln to unclog its commercial capital

28/05/2015 11:16:05

Tanzania is set to build new roads and a bus rapid transit system in its commercial capital, Dar es Salaam.

Kenya gives Kenya Airways loan as Ebola, tourism slump hit revenue

28/05/2015 08:12:31

Kenyan Airways has received a 4.2 billion shillings loan from the state.

US hails Ethiopian elections, warns of restrictions on media

28/05/2015 07:22:13

US blasts Ethiopia for failing to allow more space for civics and media.

Tanzania agrees to buy back Bharti Airtel's stake in state telecom

27/05/2015 11:20:36

Tanzania's government has agreed a deal to buy back a 35 per cent stake from Bharti Airtel.

Financial

S.Africa rates may have to rise to curb inflation: Groepe

27/05/2015 11:03:35

South Africa's central bank may have to raise interest rates to deal with a deteriorating inflation outlook.

Joburg residents to pay more

26/05/2015 12:36:29

The cost of living in the country's economic hub will rise substantially as of July 1.

S.Africa's rand weakens ahead of GDP, unemployment data

26/05/2015 08:25:33

S.Africa's rand weakened to a two-week low against dollar early on Tuesday, with traders cautious ahead of local growth data.

S.African MPC holds repo rate

21/05/2015 15:12:33

The South African Reserve Bank’s monetary policy committee (MPC) has left the interest rate unchanged.

Earnings

Lewis aims to attract high-income consumers

27/05/2015 10:50:12

Lewis plans to use the business it bought from failed Ellerine Holdings to increase its appeal to customers from higher income groups.

Illovo Sugar's FY earnings not so sweet

25/05/2015 10:30:22

Illovo Sugar said its full-year profit fell 8 per cent due to softer global prices.

Tsogo Sun may list property unit separately, posts flat H1 profit

21/05/2015 11:18:35

Tsogo Sun is considering listing its property portfolio worth 30 billion rand separately.

Investec full-year profit up

21/05/2015 10:41:26

Investec reported a 10.2 per cent rise in full-year profit on Thursday.

Special Reports

Global Investment Trends

21/05/2015 15:18:48

There are many exciting global investment themes creating incredible change and investment opportunities in the market today.

Agri sector struggles to deal with transformation challenges

13/05/2015 12:22:47

South Africa’s agriculture sector has struggled with deal with transformation challenges.

FinMin Nene calls for broader participation to realise NDP goals

13/05/2015 12:12:41

South Africa’s Finance Minister Nhlanhla Nene has called for an improved nature of investment in the country.

Commonality of activities aiding trade in E.Africa

26/03/2015 16:31:35

The commonality of activities has worked for East Africa and this has aided trading and the financial market development in the region.

Blogs

Opening Pandora’s Box: The bitter harvests of xenophobia

24/04/2015 16:04:29

It is a supreme irony that, exactly 30 years later, the troops are back on the streets of Alexandra.

Please beat the count Ali

24/10/2014 12:54:21

There are many Africans who are praying that Muhammad Ali will beat the count and rise from the hospital bed where he lies critically ill.

The rise of the island paradise

03/10/2014 11:32:19

From the moment you step on the plane you know Mauritius means business.

TB Joshua Lagos church collapse: the cheapness of life in Africa

19/09/2014 14:41:52

As a journalist, it makes me sick.

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Markets

  • All Share52,810.00
     
    -0.28%
    Financial 1516,899.00
     
    -0.8%
    Industrial 2567,125.00
     
    -0.06%
  • ZAR/EUR13.30
     
    1.53%
    ZAR/GBP18.59
     
    0.91%
    ZAR/USD12.18
     
    2.11%
  • Brent Crude Oil61.5
     
    -5.88%
    GOLD USD/oz1,187.8
     
    0.2%
    Platinum USD/oz1,117.8
     
    -0.81%
Price%Change
JSE All Share Index52,810.00Down-0.28%
JSE Financial 1516,899.00Down-0.8%
JSE Industrial 2567,125.00Down-0.06%
JSE Resources 1041,580.00Down-0.38%
JSE Top 4046,815.00Down-0.21%
Price%Change
ZAR/EUR13.30Up1.53%
ZAR/GBP18.59Up0.91%
ZAR/USD12.18Up2.11%
Price%Change
Brent Crude Oil61.5Down-5.88%
GOLD USD/oz1,187.8Up0.2%
Platinum USD/oz1,117.8Down-0.81%

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