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Member countries of the East African Community are preparing to simultaneously table the 2018-2019 Budgets in their respective parliaments. In Uganda, finance minister Matia Kasaija will present a 30.9 trillion…
JOHANNESBURG - South African markets are pricing in the possibility of an interest rate hike this year as the rand falls, even though economists say this is unlikely as inflation…
Vienna - Russia on Saturday joined partner countries in backing an OPEC-led pledge to boost oil production in response to growing global demand, Angolan Oil Minister Diamantino Azevedo said.  …
Investors looking for a haven amid the rout in emerging markets over the past two months would have found one in Nigeria’s domestic debt.   Naira bonds issued by the…
Jun 22, 2018
As part of efforts to grow stronger economic ties between Nigeria and Germany, the delegation of German Industry and Commerce in Nigeria in collaboration with Nigeria-German Business Association and the…
Jun 22, 2018
The Nigerian National Petroleum Corporation (NNPC) has rolled over its crude for oil products contracts worth about $6 billion by six months until the end of the 2018, the Group…
In Africa's battle for the skies, an east African carrier is stepping up its game in an effort to dominate the market. The state-owned Ethiopian Airlines, Africa's largest carrier by number…
The United States’ Energy Information Administration (EIA) forecasts that Brent crude oil prices will average $71 per barrel in 2018 and $68 a barrel in 2019. Meanwhile, Nigeria’s Bonny Light…
Jun 20, 2018
Lucky Amiwero, President of National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), and the Managing Director, Eyis Resources Limited   The Federal Government has been urged to immediately…
Inflation eased to 4.4% for May compared to 4.5% in April, despite the implementation of a VAT hike implemented in April.   This is according to Statistics South Africa (StatsSA),…
Jun 20, 2018
President Donald Trump directed the US Trade Representative to prepare new tariffs on $200bn (R2.77tr) in Chinese imports Monday as the two nations moved closer to a potential trade war.…
Jun 18, 2018
South Africa’s Alexander Forbes says it has received regulatory approvals to complete its acquisition of African Actuarial Consultants (AAC), Zimbabwe’s largest independent actuarial firm. The deal, which was initially announced…
Jun 18, 2018
Brothers who founded firm five years ago expect 10m customers to make $1bn of rides   Climbing into taxis to convince their notoriously sceptical drivers to sign up for a…

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