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Kenyan gov’t moves to reduce prices of basic commodities, betting industry...

In Kenya, the Treasury secretary has waived import duty on white maize and removed Value Added Tax on processed flour to reduce prices of...

African fuel retailer Vivo Energy posts higher profit, volumes

African fuel retailer Vivo Energy Plc reported a 2 percent rise in 2018 gross profit on higher volumes and forecast low to mid-double-digit percentage...

South African designer braves the highly competitive jewelry market

In South Africa, as youth unemployment rates remain stubbornly high, many young people are forced to think creatively to earn a living. One entrepreneur...

World’s eight richest people own as much as poorest half of...

The world's eight richest people own the same amount of wealth as the poorest half of the globe, according to a report published by...

Kenyan government and banking sector facing cash flow crisis

There's mounting fears in Kenya about a current cash flow crisis in the government and banking sector. Within a period of three months, two mid-tier...

President Sisi on three-day visit in India to build bilateral ties

Egyptian President Abdel Fattah el-Sisi is in India on a three-day state visit. He's expected to meet Prime Minister Narendra Modi and Indian President Pranab...

Investors’ happy with Magufuli industrial drive

In what may be termed as the ‘Magulification’ effects, industrial owners and investors in Tanzania have commended the great support from President John Magufuli...

Zimbabwe, China closer to $1 billion deal to build steel plant...

Zimbabwe and China on Monday signed a 1-billion-U.S.-dollar Memorandum of understanding (MoU) for establishing a steel plant that can produce up to 2 million...

African e-commerce firm Jumia plans listing on NYSE

African e-commerce company, Jumia, has filed for an initial public offer on the New York Stock Exchange. The Nigerian based company, with operations in 14...

South African business confidence index falls 12-month low

South African business confidence fell to a 12-month low in August, with the nation “losing its edge” as policy uncertainty weighs on economic prospects. The...
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