South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday, in a stinging blow to President Cyril Ramaphosa’s efforts to revive the.
South Africa is ready to do business with Peru. This is the terse message that the South African Ambassador to Peru, Ms Rachel Rasmeni delivered to Peruvian and South African.
Chinese President Xi Jinping offered another $60 billion in financing for Africa on Monday and wrote off some debt for poorer African nations, while warning against funds going toward ‘vanity.
Nigeria’s Dangote has emerged the most valuable brand among the top 50 brands in Nigeria for 2018 which were unveiled in Lagos. This is coming barely three months after the.
The Board of Directors of the United Bank for Africa has announced the appointment of four new members to its board, subject to the approval of the Central Bank of.
OPEC crude production rose in August to the highest level this year as a recovery in Libyan output helped to offset a cut in Iranian exports due to U.S. sanctions..
Following China’s almost complete takeover of investment opportunities in Africa, major European nations; France, the United Kingdom (UK) and Germany, including the United States of America are now in the.
Kenya’s biggest telecoms operator Safaricom faces a fine of around $4.5-million for failing to connect calls made to smaller firms, according to company and regulatory documents reviewed by Reuters. The.
Amid rising global trade protectionism, the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) shows China’s determination to promote fair international trade, which will significantly benefit African countries,.
Ghana may issue a 100-year $50 billion bond as part of the West African nation’s long-term industrialisation plan aimed at weaning the country off aid, its president said at a.
