Financial

Cote d’Ivoire airline gets $24 million government boost

ABIDJAN (Reuters) - Ivory Coast’s national airline Air Cote d’Ivoire received 14 billion CFA francs ($24.09 million) from the government to keep...

Why Warren Buffett believes most people shouldn’t pick individual stocks, this what they should do instead…

Investing legend Warren Buffett wants you to keep it simple and trust index funds when it comes to investing your money.

Op Ed: East African finance ministers to present budgets for new fiscal year

Finance ministers of East Africa are expected to table their respective budgets in coming days for the new financial year that begins on July 1.

ArcelorMittal South Africa fined R3.64 million over hydrogen sulfide emissions

ArcelorMittal South Africa will pay a fine of 3.64 million rand ($219,658) relating to charges of exceeding hydrogen sulfide minimum emissions standards at its coke plant in 2016, it said on Wednesday.

Administrators propose sales plan for SA retailer Edcon, see potential job cuts

Administrators in charge of South Africa’s Edcon have proposed a sales process that may lead to job redundancies in “significant numbers”, after the retailer filed for a form of bankruptcy protection in April.

OPINION: “You don’t have to look rich when you know you aren’t” Why Nigerians should save.

My colleague Wale sees me return to the office from the site late one afternoon and then says to everyone, "Hey, Paul...

COVID-19: Investing for Roubini’s Greater Depression

“The lessons learned from the GFC encouraged policymakers worldwide to work furiously to get economies back into shape through a series of fierce and co-ordinated policy responses to the impacts of Covid-19. In turn, this has encouraged a consensus view amongst economists that the recovery from the crisis will be V-shaped,” writes Cannon Asset Managers CE Adrian Saville.

Sub-Saharan Africa to suffer 23.1% decline in remittances in 2020 – World Bank

The coronavirus pandemic is leaving migrant workers unable to send money or goods home to families, cutting off a vital lifeline for communities already under siege from a barrage of external shocks.

Central Bank of Nigeria cuts benchmark lending rate to 12.5%

Nigeria’s central bank cut its benchmark lending rate to 12.5% from 13.5%, the central bank governor said on Thursday.

Sign up for free newsletters and get more CNBC delivered to your inbox