East Africa / by - ago
Observers found some technical problems but no evidence of vote-rigging in Kenya’s presidential election last month, the European Union said on Thursday, based on random checks of tallies from polling…
News / by - ago
South Africa’s opposition Democratic Alliance (DA) called on Thursday for global consultancy McKinsey to answer questions at a parliamentary inquiry following a Reuters story about the firm’s alleged involvement in…
East Africa / by - ago
Fitch Ratings’ negative outlook on Kenya’s sovereign debt could be withdrawn if a re-run presidential election goes “relatively” smoothly and debt to GDP levels fall, Fitch said on Thursday. Fitch…
Nigeria / by - ago
JOHANNESBURG, Sept 14 (Reuters) – Nigeria’s Dangote Cement has approached South African cement producer PPC about a tie-up, but talks are at the preliminary stage, it said. READ: Inside billionaire…
News / by - ago
South African Airways said on Thursday its plan to fly 23 percent fewer flights by the end of the year as it retires five aircraft will not include cutting local…
East Africa / by - ago
The attorney general of the island nation of Mauritius stepped down on Wednesday after allegations he had helped launder gambling money. Prime Minister Pravind Kumar Jugnauth told reporters he wanted…
News / by - ago
Nigeria plans to sell 140.9 billion naira ($433.5 million) worth of treasury bills at an auction next week, the central bank said on Wednesday. The bank said it plans to…
News / by - ago
Angola’s Constitutional Court rejected on Wednesday an appeal by the largest opposition party to annul the results of last month’s election, which gave a landslide victory to the ruling MPLA…
News / by - ago
Zimbabwe’s Zimplats, which is majority controlled by Impala Platinum, will return some of the land it has not used for mining to the government, chief executive Alexander Mhembere said on…
News / by - ago
South African Airways will fly 23 percent fewer flights by the end of the year as it retires five aircraft, the national carrier said on Wednesday, part of a revamp…
East Africa / by - ago
Kenyan President Uhuru Kenyatta opened parliament on Tuesday by warning against divisive and destructive politics, while opposition lawmakers boycotted the legislature and rallied to demand the resignation of election officials….
News / by - ago
Rating agency Moody’s warned on Wednesday that the erosion of South Africa’s institutional framework and recent calls for changes to the central bank’s currency and price stability mandate risked undermining…
News / by - ago
Global consultancy McKinsey, facing parliamentary hearings in South Africa over payments to a firm controlled by a billionaire family, ignored suspicions raised over several years by local senior staff that…
News / by - ago
Ghana’s central bank has raised the minimum capital required for banks three-fold to 400 million cedis ($90.2 million) as part of measures to ensure financial stability, its spokesman said on…
News / by - ago
South Africa’s anti-graft watchdog consulted the Presidency on a proposal to change the central bank’s mandate to promote economic growth rather than currency and price stability, the bank said in…
Financial / by - ago
The Zimbabwe Stock Exchange’s main industrial index touched 301.03 points, the highest since it was rebased in 2009.
News / by - ago
The boards of West Africa-focused Avocet Mining and its (SMB) subsidiary will resume talks on Friday aimed at saving the struggling gold operation from insolvency. SMB, which operates the Inata…
News / by - ago
Zambia’s economy will grow by 5.0 percent in 2018, 5.1 percent in 2019 and 6.1 percent in 2020, up from 4.3 percent in 2017, the ministry of finance said in…
Political / by - ago
Ramaphosa’s remarks during a speech to an African National Congress meeting in the old diamond-mining town of Kimberley were tougher than others he has made on government graft.
East Africa / by - ago
The diamonds were seized at the main airport in Tanzania’s commercial capital Dar es Salaam.