Latest Business News

South Africa’s Thungela expects coal prices to double annual profit

South Africa's thermal coal exporter Thungela Resources (TGAJ.J) expects its full-year profit to double,

VW says South Africa must end coal dependence for EVs to make sense

South Africa must wean itself off coal if locally produced electric vehicles

South Africa’s Eskom ramps up power cuts as plants break down

 South Africa's state power utility Eskom said on Wednesday it would implement

UK to give £650m to fund projects in needy African nations

The United Kingdom will contribute £650 million to the African Development Fund

Kenya seeks a fresh $750 million loan from the World Bank

Kenya is in talks with the World Bank Group for a fresh

Ramaphosa’s Fight for Survival Roils South African Debt Markets

An ongoing scandal that’s embroiled South African President Cyril Ramaphosa is taking

Nigeria: Central Bank Limits Weekly Cash Withdrawal to N100,000

The Central Bank of Nigeria (CBN) has issued a directive which limits

Nigeria: President Buhari Nominates Aishah Ahmed, Edward Adamu as Central Bank Deputy Governors for a Second Term

Nigerian President, Muhammadu Buhari has nominated Aishah Ahmed and Edward Adamu to serve

Over 250,000 Rwandan youth suitable for Global Business Service hire – report

More than 254,000 youth in Rwanda are qualified for the Global Business