South African power utility, Eskom has been given permission to increase rates above the approved eight per cent for 2015.
South Africa’s township property market is undergoing significant change, owing to an influx of infrastructure and retail nodes.
President Jacob Zuma is leading the South African delegation to the first ever US-Africa summit in Washington.
Minister of Public Enterprises, Lynne Brown has said that Eskom’s new chief executive officer (CEO) will be appointed within weeks.
Nigeria is fast developing a consuming class that is not only fueling its retail and service sector but its other local industries.
West Africa presents a mixed bag of risks for investors.
There are a lot of challenges faced by the MSME sector to get loans for their businesses from financial institutions in Nigeria.
Nigeria has the required indices to become the major food basket for the entire world, Toyin Sanni told CNBC Africa.
Gas and oil discoveries in Tanzania, Uganda and Kenya has led to East Africa receiving its share of attention from global oil companies.
Financial service provider, Equity bank has reported a 21 per cent growth in its pretax earnings in the first half of the year 2014.
Rwanda’s long-term foreign and local currency Issuer Default Ratings (IDR) has been upgraded by Fitch ratings.
Sudan’s external debt is high, cutting off the country from access to most foreign financing, the IMF has said.
A US investor is suing Barclays Plc current and former bosses.
Risk profiling has of late become popular as it prompts many investors to go through this process to determine their level of tolerance.
Private equity investor Actis has sold a nine per cent stake in Alexander Forbes, representing a large part of its total 13 per cent stake.
The Central Bank of Namibia has issued Letshego Holdings with a provisional banking licence.
Economic growth in Tunisia remained weak during the first quarter of 2014, weighed down in particular by the industrial sector.
One of the world's leading motor companies, Ford has expressed concern over the ongoing Numsa strike which halted its operations.
Ford said on Monday it has temporarily suspended production at one of its South African plants due to a strike at some of its suppliers.
Nigeria’s Dangote cement is set to stir up the cement industry in Kenya after the firm said they would double production capacity.
Lonmin Plc has entered into an agreement with the Bapo ba Mogale traditional community to meet Black Economic Empowerment requirements.
Resource Generations’ developments at its Boikarabelo coal mine have been delayed due to the liquidation of its earthworks contractor.
Platinum production at Zimplats’ largest mine in Zimbabwe has been halved following a major collapse underground, the company said.
Royal Bafokeng Platinum (RBPlat) announced on Thursday that it had successfully concluded a wage agreement with NUM.
Exxaro Resources has entered into an agreement with Total South Africa to acquire 100 per cent of the issued shares in Total Coal.
East Africa has emerged as a significant prospect for oil and gas that is set to fundamentally transform the regional economies.
Africa’s oil and gas industry remains resilient despite facing issues of corruption, poor infrastructure and regulatory uncertainties.
Africa has the potential to be a leader in the energy storage space, says Basil Read Energy director, Ian Curry.
The creation of call centre associations may improve African governments’ services delivery to its citizens.
It’s essential for various stakeholders in the Information and Communications Technology (ICT) space in Africa to define their objectives.
South African mobile network, Vodacom was able to prove its most recent ‘fastest network for smartphones’ claim, according to the ASA.
The Swazi Royal Family is reported to be in a bitter feud over mobile service monopoly in the small southern African country.
The Nairobi Securities Exchange (NSE) will sell up to 33.9 per cent shares in an initial public offering (IPO).
Financial services company PSG Konsult to list on the Namibian Stock Exchange (NSX) as of the 16 July 2014.
Flame Tree Group, a Mauritian manufacturer based in Kenya plans to list on the Nairobi Securities Exchange (NSE).
Equites Property Fund Limited is set to list on the JSE’s industrial and Office real estate investment trust sectors.
PricewaterhouseCoopers (PwC) is increasing its African investments due to the high demand for professional services in the region.
Standard Chartered Bank has more than doubled its commitment to the US president Barack Obama’s 'Power Africa' campaign.
The International Monetary Fund (IMF) has approved a new 24-month arrangement for Morocco amounting to five billion US dollars.
The government of South Sudan’s projections for increases in economic growth and social services could fall short of their expectations.