ArcelorMittal South Africa reported a deeper first-half loss on Thursday but forecast growth in steel demand in Africa in the second half. Headline losses grew...
Uber CEO Travis Kalanick has resigned.
TJ Strydom | JOHANNESBURG South Africa-based retail group Steinhoff International reported a 13 percent rise in half-year operating profit and a 48 percent jump in...
South African cement maker PPC reported a 93 percent decline in full-year earnings.
Nqobile Dludla | JOHANNESBURG South African retailer and wholesaler Spar Group on Wednesday reported a small fall in half-year earnings per share after issuing shares...
Econet Wireless, Zimbabwe's biggest mobile telecoms company, reported a 10 percent fall in after-tax profit.
The price of tea is likely to climb further this year after dry weather slashed production of the commodity.
South African fast food group Famous Brands scrapped its dividend on Monday for the first time in 13 years, seeking to conserve capital after debt levels rose following seven acquisitions, which include Gourmet Burger Kitchen.
Zimbabwe's largest grocery chain OK Zimbabwe posted an 800 percent jump in full-year after tax profits.
South Africa's Investec reported a 17 percent rise in annual profit on Thursday buoyed by its asset management and specialist banking businesses.
Platinum producer Lonmin will move its head offices from Johannesburg to its Marikana operations in South Africa in a move that will save it "tens of millions" of rand, Chief Executive Ben Magara said on Monday.
Data revenue, which contributed 20 percent of total revenue, was up 29.4 percent for the three months ended March 31.
Libya's oil production has risen above 760,000 barrels per day (bpd), its highest level since December 2014, the National Oil Corporation (NOC) said on Monday.
Nintendo is aiming for operating profit of 65 billion yen this fiscal year, which if realized, would represent a 121 percent rise from the 29.4 billion yen operating profit it reported for the year ended March 31, 2017.
Economic growth in sub-Saharan Africa is seen rising between this year and 2019, helped by better commodity prices and improved global conditions, the World Bank said in a report on Wednesday.
South Africa's Pick n Pay posted an 18 percent rise in full-year profit on Wednesday, as the grocer cut costs while consumers struggle in its home market.
Shares in Ecobank fell 5 percent on Tuesday after the pan-African lender reported a loss for 2016, blaming a recession in Nigeria - its main market - and a strong U.S. currency.
South Africa's Capitec Bank reported an 18 percent rise in full-year profit on Tuesday as the lender continues its push into transactional banking. Capitec, which...
Sanlam Ltd, South Africa's biggest life insurer, reported a 6 percent decline in annual profit on Thursday, dragged down by unfavourable currency moves and...
South African drugmaker Aspen Pharmacare Holdings Ltd reported a 6 percent rise in first-half profit on Thursday, helped by the results of a recently...