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Mr. Price stock price falls following news of lower sales at...

South African budget retailer Mr. Price Group on Thursday posted a 2.5% drop in comparable store sales for the first four months of its...

Egypt says Zohr gas field production up to 2.7 billion cubic...

Egypt's production from its Zohr offshore gas field has risen to 2.7 billion cubic feet per day, the Egyptian oil ministry said in a...

Zimbabwe month-to-month inflation rate fell in July

Zimbabwe’s month-on-month inflation rate fell to 21.04% in July compared to 32.96% the previous month as prices of basic goods increased at a slower...

Zambia reiterates commitment to review policies to attract more investment

Zambia’s Minister of Commerce and Trade Christopher Yaluma on Thursday reiterated the government’s commitment to review its regulations and policies in order to create...

Retail numbers suggest South Africa may dodge recession

South Africa may avert a second recession in consecutive years, but economic growth prospects remain dim. Monthly data was slightly better in the second quarter...

Heavy rains in West Africa help boost cocoa crop production

Farmers in Ghana and Cote D'Ivoire are upbeat about the next harvest after heavy rains in recent weeks helped support crop development. It’s an important...

British American Tobacco’s takeover of e-cigarette maker Twisp approved

British American Tobacco’s (BAT) proposed takeover of e-cigarette maker Twisp was approved by South Africa’s Competition Tribunal on Tuesday after the UK-based group agreed...

Stanbic Uganda’s record half-year profit down to cautious lending

Stanbic Uganda Holdings half-year profits exceeded Ush100 billion ($26.9 million) for the first time since it listed on the local bourse in 2007, an...

Namibian businesses ready to use Chinese-built port container terminal

Namibia's newly inaugurated container terminal is set to boost the country's trade prospects for both local and international clients once commissioned and open for...

Ethiopia grants first financial services license to foreign firm

Ethiopia’s central bank granted a financial services license to a foreign-owned company for the first time on Thursday. The move is part of Prime...
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