Most Recent World News

South Africa-China Commit to Strengthen Relations

South Africa and China are committed to strengthening their economic relations, says Trade and Industry Deputy Minister Fikile Majola. The Deputy Minister said this as South Africa kicked off its.

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Relaunched Uganda Airlines Hopes To Win Slice Of East African Travel

Uganda on Tuesday relaunched its national carrier, Uganda Airlines, hoping to take a slice of the East African aviation business that is dominated by Ethiopian Airlines. The country is banking.

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Moroccan Government’s $1 Billion Investment Deal With Maroc Telecom

Maroc Telecom, on Monday signed a deal worth 10 billion dirhams ($1 billion) with the Moroccan government. The deal is said to develop telecoms infrastructure over the next three years.

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Emerging Markets To Bounce Back After Trade War

Battered emerging market currencies will eventually bounce back from their beating in the past week on worries about the U.S.-led trade war, but risks remain for currencies of commodity exporters.

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MTN Raises $140.24 Million From Asset Sales

MTN Group Ltd has raised 2.1 billion rand ($140.24 million) from asset sales as part of a divestment plan announced in March, Africa’s largest mobile network by subscribers said on.

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Standard Bank Considers New Markets

Africa’s largest bank by assets, Standard Bank, is considering entering new markets – possibly via acquisitions – as its strategy to focus its resources on the continent continues to pay.

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US Trade Rep And AU Commissioner for Trade & Industry Sign Trade Pact

Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga signed a joint statement concerning trade between the United States and the.

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Uganda’s Stanbic Posts a 37.5% Profit

Uganda’s largest bank Stanbic posted a 37.5% jump in profit before tax for the first half of the year, driven by a surge in credit growth on the back of.

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Pick n Pay Appoints Lerena Oliver as CFO

South African supermarket chain Pick n Pay Stores Ltd has appointed senior executive Lerena Olivier as chief finance officer with effect from Sept. 6, it said on Wednesday. The country’s.

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Hwange Expansion Project on Course – ZPC

The Zimbabwe Power Company (ZPC), says that the USD$1.5 billion Hwange Expansion project – Unit 7 and 8 is going according to schedule and will add 600MW to the national.

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