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Southern Africa

The problem with S.Africa’s 2015 Budget

27/02/2015 10:43:21

The deficit isn't in the numbers, it’s in the way the numbers are being spent.

Delta migrates to Mauritius, to list on JSE Main Board

27/02/2015 09:16:49

Delta International Property Holdings is migrating from Bermuda to Mauritius following approval by Bermuda’s Finance Minister.

South Africa finmin says economy to have two tough years ahead

27/02/2015 06:50:15

South Africa's economy is going to have two tough years ahead, Finance Minister Nhlanhla Nene said on Friday.

Budget highlights fiscal challenges in S.Africa: Fitch

26/02/2015 14:28:23

Fitch Ratings has said that the South African budget statement highlighted the challenge government faces in narrowing the fiscal deficit.

Western Africa

Tests go tech: The age of paper is behind us

27/02/2015 11:09:56

Samson Abioye, CEO of, developed a mobile app he believes will improve the performance of Nigerian students.

Bomb attacks kill at least 23 in north, central Nigeria

27/02/2015 07:20:05

Boko Haram bombers killed 23 people on Thursday, as the insurgents fight back a military offensive launched by Nigeria and neighbours.

IMF says agrees 3-year deal with Ghana worth around $930 million

26/02/2015 11:40:23

The International Monetary Fund agreed a three-year concessional facility with Ghana worth around 930 million dollars.

Nigeria targets one trillion naira in insurance premiums

25/02/2015 11:21:12

The Nigeria government plans to triple the number of insurance premiums collected in the country to one trillion naira by 2017.

East Africa

KenGen’s pretax profit jumps 106%

27/02/2015 11:49:54

Kenya’s main electricity producer has announced that its pretax profit has risen by 106.4 per cent to 3.79 billion Kenyan shillings.

Kenya benchmark lending rate unchanged at 8.5%

26/02/2015 14:54:17

Kenya’s Central Bank Monetary Policy Committee (MPC) has once again retained its benchmark lending rate.

Tanzania says Q3 2014 GDP growth slows, hurt by agriculture

26/02/2015 14:03:20

Tanzania's economy grew 6.8 per cent in the third quarter of 2014 compared with 7.4 per cent in the same period a year ago.

Tanzanians set for Africa’s first universal mobile money service

26/02/2015 05:16:35

Customers in Tanzania’s Tigo Pesa are set to be the first in Africa to enjoy universal mobile services.


PwC Tax comments on S.Africa’s Budget 2015

25/02/2015 14:22:27

PricewaterhouseCoopers (PwC) comments on Finance Minister Nhlanhla Nene's 2015 Budget Review.

S.Africa's rand muted, focus on budget speech

25/02/2015 07:37:40

South Africa's rand traded cautiously against the dollar ahead of the budget speech on Wednesday.

S.Africa’s real GDP up 4.1% in Q4 2014 – Stats SA

24/02/2015 16:28:51

South Africa’s real gross domestic product (GDP) at market prices increased by 4.1 per cent during the fourth quarter of 2014.

Fitch affirms 10 Nigerian banks on peer review, stable outlook

24/02/2015 06:53:18

Fitch has affirmed the long-term Issuer Default Ratings (IDRs) of 10 Nigerian banks with all outlooks being stable.


Sonangol reports increase in product sales to Asia, South America

27/02/2015 15:04:54

State-owned Angolan energy company, Sonangol has said that 2014 saw increased sales of products into Asia and South America.

Old Mutual 2014 operating profit rises 16%

27/02/2015 10:23:08

Financial services firm Old Mutual said its operating profit for 2014 rose 16 per cent to 1.6 billion pounds ($2.5 billion).

KCB's profit after tax jumps by 17.5%

26/02/2015 08:10:30

Financial services provider, Kenya Commercial Bank (KCB) has posted a 17.5 per cent rise in its profit after tax for its full year results.

Nestle Nigeria 2014 FY pre-tax profit falls 6.1%

25/02/2015 10:08:13

Nestle Nigeria said its 2014 full year pre-tax profit fell 6.1 per cent to 24.44 billion naira (121.59 million US dollars).

Special Reports

Turning Africa’s slums into economic powerhouses

24/02/2015 14:57:56

The economic and technological potential of people living in slums can no longer be ignored.

Technology: bridging the gap between business & consumers

17/02/2015 16:19:07

From gaming devices to personal diaries, mobile applications have drastically changed the way businesses and consumers communicate.

The challenge of mobility

11/02/2015 08:27:14

Technology has changed the way we live, it is in mobile connection that some of the most interesting developments are taking place.

Welcome to the future: add fibre to your business diet

11/02/2015 08:13:08

With connectivity speeds of up to 100Mbps, a new world of possibility lies ahead for businesses.


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.

Farewell to a brave journalist: Steven Sotloff

05/09/2014 16:33:11

I never read any of his work, yet this week I mourn the gentle soul that was lost to journalism this week.

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