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

Oil, global contagion to keep markets under pressure

24/08/2015 10:23:51

Middle East stock markets look set to remain under downward pressure on Monday as oil prices hit fresh 6-1/2 year lows.

Stocks tumble on China, growth fears; dollar fades

21/08/2015 07:07:09

World stock markets tumbled on Thursday as another slump in the equity market of China stoked concerns about sluggish global growth.

Greece's prime minister resigns, calls for early elections

20/08/2015 19:28:50

Government officials say aim is to hold the election on September 20.

Nigeria needs credible reforms to emerge from its economic funk

19/08/2015 16:47:34

Nigerian authorities need to focus on reform policies to address fiscal weaknesses and deterioration in the country’s forex buffers.

Southern Africa

Volkswagen to spend $343 mln on South African factory revamp

28/08/2015 08:53:57

German carmaker Volkswagen plans to spend 4.5 billion rand ($343 million) to upgrade its factory in South Africa.

South Africa's platinum industry "extremely ill": Lonmin CEO

28/08/2015 08:44:25

Lonmin's chief executive said on Thursday, 80 percent of South Africa's platinum production was making a loss.

Africa's greatest resource is its people

27/08/2015 18:57:00

Instead of defining Africa by the resources it yields, let's define it by its people.

S.Africa concerned about impact of economic slowdown on revenue: finmin

27/08/2015 14:59:39

South Africa's government is concerned about its ability to raise revenue in the light of an economic downturn.

Western Africa

Nigeria's Buhari appoints chief of staff

28/08/2015 06:34:17

President Muhammadu Buhari has appointed Alhaji Abba Kyari as his chief of staff.

Selling petrol above regulated price has become big business in Nigeria

27/08/2015 15:06:18

With many petrol stations closed, the black market for fuel is said to be thriving in driving these prices forward.

Dangote urges Nigeria to match ballooning population with infrastructure

27/08/2015 12:55:41

Demand for cement in Africa is much lower than in developed countries. It is time for Africa to change this - Dangote

Dangote, China's Sinoma to sign $4.34 bln Africa cement plant deals

26/08/2015 14:14:49

Nigeria's Dangote Cement will sign $4.34 billion worth of contracts with China's Sinoma International Engineering Co. PHOTO: Wikipedia

East Africa

South Sudan president signs peace deal despite concerns

27/08/2015 08:28:06

South Sudan's president signed a peace deal on Wednesday to end a 20-month conflict with rebels.

S.Sudan soldiers raped children, burned people alive -UN experts

26/08/2015 08:24:50

U.N experts claim South Sudanese soldiers raped children, burned people alive in their homes.

Kenyan teachers to receive immediate pay hike

25/08/2015 14:35:11

Kenyan’s Supreme Court has ordered the government to give teachers a pay increase of 50 to 60 per cent.

Nairobi Stock Exchange reports 22 pct rise in first-half profit

25/08/2015 11:38:30

The Nairobi Stock Exchange on Monday reported a 22.3 percent rise in pretax profit for the first six months of the year


South Africa's rand firmer as risk appetite returns

27/08/2015 08:16:53

South Africa's rand firms slightly against the dollar on Thursday.

China cuts rates, reserve ratio to aid economy as stocks sink

25/08/2015 12:56:30

China's central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday.

S.Africa's rand firms after cbank says could act to curb volatility

25/08/2015 09:17:16

The rand pulled back from record lows against the dollar after the central bank said it would consider intervening in exchange markets.

Alarm bells ring as China sinks, dollar tumbles

24/08/2015 09:15:26

Alarm bells rang across world markets on Monday as a 9 percent dive in Chinese shares panicked investors.


South Africa's Sappi Q3 profits fall on maintenance shutdowns

07/08/2015 09:14:00

South African pulp and paper company Sappi posted a 89 percent fall in third-quarter earnings on Friday.

South Africa's Sasol flags lower FY earnings on softer oil price

07/08/2015 09:07:42

S.African petrochemicals company Sasol said on Friday it expected full-year profits to fall by up to 19 percent due to softer oil prices.

South African insurer Liberty plans to spend millions on Nigerian deals

07/08/2015 08:50:19

South Africa's fourth-largest insurer Liberty Holdings reported a 6 percent increase in half-year profit on Friday.

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.

Special Reports

We can address social inequality: Stephen van Coller

13/08/2015 07:52:30

Barclays Africa’s CE for Corporate and Investment Banking Stephen van Coller has called for a robust approach in dealing with inequalities.

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.


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 Share49,918.00
    Financial 1516,373.00
    Industrial 2563,878.00
  • ZAR/EUR14.88
  • Brent Crude Oil47.6
    GOLD USD/oz1,138.3
    Platinum USD/oz1,023.7
JSE All Share Index49,918.00Up3.12%
JSE Financial 1516,373.00Up1.96%
JSE Industrial 2563,878.00Up2.28%
JSE Resources 1036,426.00Up9.7%
JSE Top 4044,296.00Up3.25%
Brent Crude Oil47.6Up9.26%
GOLD USD/oz1,138.3Up1.54%
Platinum USD/oz1,023.7Up4.55%







Most Watched