Stock Markets, Business News, Earnings, Africa - CNBC Africa

Latest News


World Economic Forum News

How to make sustainable development a reality

05/06/2015 15:33:24

The year 2015 is significant for Africa, as it marks the end of global, regional and local efforts to meet the MDGs.

Importing skilled labour to bridge the gap

05/06/2015 14:29:32

South Africa is advised to relax visa regulations and welcome more skilled immigrants in catalysing its economic growth.

UNFPA encourages PPPs to tackle Africa’s unemployment

05/06/2015 13:35:34

UNFPA's Executive Director, Babatunde Osotimehin has urged private sector to be partners in national development.

South Africa prepares for increasing interest rates

05/06/2015 11:23:26

South Africa's Reserve Bank Governor confirmed that interest rates will be going up in 2015 given the current inflation outlook.

Special Report

Outspoken Greece FM resigns

06/07/2015 06:54:02

Greece's outspoken finance minister quits after delivering a landmark 'No Vote'.

Euro, stocks hit by Greek vote; China rebounds

06/07/2015 06:25:27

Asian stocks and the euro stumbled on Monday after a Greek vote against austerity measures.

Two African cities among the cheapest in the world for beer

04/07/2015 17:33:48

Two African cities are among the top 20 cheapest cities in the world when it comes to the price of beer, according to GoEuro’s beer index.

How to raise a family of genius billionaires

03/07/2015 17:55:12

Errol Musk shares insights into the Musk family: from Elon to Kimbal.

Southern Africa

MTN S.Africa CEO resigns

06/07/2015 13:10:55

Farroukh joined MTN in 2006, with the acquisition of Investcom.

S.Africa's rand weakens as Greece fears dampen risk appetite

06/07/2015 08:38:03

S.Africa's rand weakened on Monday as the euro zone crisis deepened after Greek voters rejected terms of a rescue package.

S.Africa’s metros set for an ‘age of rail’

02/07/2015 14:27:07

South Africa's metro areas set for rail revolution.

Zimbabwe stock market cap sheds $500 mln in H1, foreigners exit

02/07/2015 12:51:34

The market capitalisation for Zimbabwe's Stock Exchange (ZSE) fell 11 percent to $4 billion as foreign investors old shares.

Western Africa

Behind Nigeria’s oil and gas sector's skills shortage

03/07/2015 14:57:08

Nigeria should consider reviewing the university curriculum to meet industry needs.

Suspected Boko Haram gunmen kill "many" in Nigeria attack

03/07/2015 08:28:20

Suspected Boko Haram insurgents rounded up and shot dead dozens of people in a raid in a town in northeast Nigeria on Wednesday.

Investors see growing risks in Nigeria's devaluation delay

03/07/2015 07:23:02

Nigeria's decision to delay a naira devaluation they see as long overdue is raising risk of a deeper crisis in Africa's biggest economy.

Bombers attack Nigeria's Maiduguri while vice president visits camps

02/07/2015 07:26:59

Two suicide bombers blew themselves up near a hospital in Maiduguri shortly after Vice President Yemi Osinbajo arrived in the city.

East Africa

Kenya's shilling weakens to 100 against dollar, fresh 3-1/2 year low

06/07/2015 09:19:22

Shilling weakened Monday to a fresh three and a half year low hitting the 100 level against the dollar for the first time since Oct. 2011.

Rwanda Stock Exchange clinches a major IPO

03/07/2015 12:29:09

Expects one of the country's banks to list soon.

Kenya moves up the income ranks

03/07/2015 08:32:39

The World Bank has upgraded Kenya to its lower middle income classification.

Ugandan central bank chief says shilling depreciation "unavoidable"

03/07/2015 07:58:13

Uganda's central bank says it's not sustainable to continue maintaining local currency at a level not reflective of its market value.


Greece considers EU’s last-ditch deal

30/06/2015 13:20:17

Head of the European Commission makes last-minute offer to try to persuade Greek Prime Minister Alexis Tsipras to accept a bailout deal.

S.Africa's rand stabilises, Greece poses risk

30/06/2015 09:03:09

S.Africa's rand was off the previous day's two-week lows against the dollar in early Tuesday trade, but still vulnerable to Greece woes.

S.Africa's rand, bonds weaken sharply in Greece-related sell-off

29/06/2015 08:16:51

S.Africa's rand fell one per cent against the dollar on Monday due to the looming prospect of a default by debt-ridden Greece.

Zimbabwe state asset manager takes up $100 mln in bad loans

25/06/2015 09:56:01

ZAMCO has so far taken nearly $100 million in bad loans from banks to help restore viability in the financial sector.


Omnia FY earnings inch up, mining woes a constraint

23/06/2015 08:49:00

Omnia, reported a slight rise in year earnings on Tuesday.

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.

Special Reports

SMEs the answer to S.Africa's unemployment

29/06/2015 15:40:29

The SME landscape in South Africa is grappling with the ability to create employment.

Collaboration crucial to promoting entrepreneurial development

29/06/2015 15:23:24

Industry leaders have called for improved relations between government and private sector in promoting enterprise development.

Africa’s innovative minds given a platform to thrive

29/05/2015 12:45:30

The AIF seeks to catalyse the innovation spirit in Africa with the aim of cultivating needs-based inventions.

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.


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.

More Video


  • All Share51,276.00
    Financial 1516,525.00
    Industrial 2565,933.00
  • ZAR/EUR13.67
  • Brent Crude Oil59.0
    GOLD USD/oz1,165.3
    Platinum USD/oz1,050.5
JSE All Share Index51,276.00Down-1.79%
JSE Financial 1516,525.00Down-0.59%
JSE Industrial 2565,933.00Down-2.41%
JSE Resources 1038,096.00Down-2.49%
JSE Top 4045,620.00Down-2.16%
Brent Crude Oil59.0Down-4.74%
GOLD USD/oz1,165.3  %
Platinum USD/oz1,050.5Down-2.99%






Most Watched