S.Africa’s land expropriation unlikely to end like Zimbabwe

President Jacob Zuma's pledge to expropriate South African land is unlikely to lead to violent seizures of farms like those that impoverished neighbouring Zimbabwe, but could still hurt the economy by scaring off investors worried about property rights.

Michael Sachs to join the Gauteng Provincial Government

Statement by Gauteng Provincial Government Gauteng Premier, David Makhura, has requested the Finance Minister, Malusi Gigaba, to facilitate the lateral transfer of Michael Sachs, the...
The Forbes Billionaires List: Africa’s Billionaires 2017

The Forbes Billionaires List: Africa’s Billionaires 2017

African billionaire fortunes have declined on the new FORBES list of the continent's richest.

Sub-Saharan Africa economic growth to recover slightly in 2017: IMF

Economic growth in sub-Saharan Africa should recover slightly to 2.6 percent this year after a more than two-decade low in 2016 as commodity exporters...

Uganda, Tanzania sign deal for world’s longest heated pipeline

Uganda and Tanzania signed a framework agreement on their proposed $3.55 billion crude export pipeline on Friday, a key milestone for the project, which...

Steinhoff African unit to be part of JSE Top 40, buy stake in Africa’s...

STAR is expected to list by the end of September.
South Africa's Standard Bank posts 4 pct rise in FY profit

Standard Bank CEO Ben Kruger to step down

By: Standard Bank Following a carefully planned management succession process Standard Bank Group announces changes to its current joint-group chief executive structure. The board is...

South Africa’s Brian Molefe to return as CEO of Eskom, ANC condemns decision

Former Eskom chief executive officer Brian Molefe will be returning to his old job on Monday, according to Business Report.
Africa had record levels of private equity exits in 2015

Africa has huge potential, it's a pity too few Americans know this

What most Americans know about Africa you can fit into a small shoe box.
Budget highlights 2017: How it affects you

Budget highlights 2017: How it affects you

What you need to know about Budget 2017.

South Africa’s Spar Group reports slip in H1 profit

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...

South African insurer MMI in lending, sales deal with African Bank

South African life insurer MMI Holdings said it will start offering loans and take deposits as part of a deal with lender African Bank.

South Africa could face another El Nino drought soon

Drought conditions associated with an El Nino weather pattern are likely to reoccur in a few months time, the South African government said on...
Nigeria's Senate deals blow to President Muhammadu Buhari's borrowing plan

Anchor Capital's five JSE-listed shares for 2017

What the following shares all have in common is that they have derated materially in recent months (or are already cheap).

Former AfDB President Donald Kaberuka gets new post

Donald Kaberuka has established a reputation for exemplary leadership in development finance and economic development.

This is the impact of the #CabinetReshuffle on S.A’s sovereign ratings

Currently, S&P Global Ratings and Fitch Ratings both rate South Africa “BBB-” with a negative outlook. That is the lowest possible investment-grade rating, with...

Why Zimbabwe’s stock market just hit a record high

The Zimbabwe Stock Exchange’s main industrial index touched 301.03 points, the highest since it was rebased in 2009.

South Africa’s Capitec FY profit up as client numbers climb

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...

Sub-Saharan Africa’s foreign-currency shortages are subsiding but will take time to overcome

Although a gradual increase in commodity prices over recent months is supporting foreign currency liquidity and helping to ease currency shortages, it is too early to conclude that pressures on banks have reversed.

Manufacturing still Nigeria’s fastest-growing sector

Nigeria’s manufacturing sector continues to record the fastest growth, according to the country’s National Bureau of Statistics.