Economy

Jan 07, 2018
Libya earned $14 billion in oil revenues in 2017, nearly three times more than in the previous year, allowing it to halve its budget deficit, the central bank said, amid…
Jan 05, 2018
South Africa’s rand weakened on Friday, giving back some of the gains booked in the previous session as technical selling by investors wary of a rising dollar put the currency…
Dec 31, 2017
Retired army chief Constantino Chiwenga, who led a de facto coup last month that ended Robert Mugabe's 37-year rule, was installed as Zimbabwe's vice president in Harare on Thursday. Chiwenga,…
Dec 29, 2017
Former soccer star George Weah has won Liberia’s presidential run-off election and will succeed incumbent Ellen Johnson Sirleaf next month, the country’s first democratic transition in over 70 years. With…
Dec 26, 2017
Liberians go to the polls Today to select either former international footballer George Weah or Vice President Joseph Boakai as their new president, in a vote that analysts say is…
Dec 24, 2017
Zimbabwean President Emmerson Mnangagwa has revealed how he walked for more 30km to cross the border between Zimbabwe and Mozambique in an apparent escape from his assassination by former President…
Dec 22, 2017
The Guptas failed to meet loan repayment obligations in recent weeks and, with the EDC assessing a “political exposure” risk, it terminated the loan which allowed Canada’s Bombardier to sell…
Dec 22, 2017
South Africa’s rand traded flat on Friday in thin pre-holiday trade with previous gains spurred by the election of Cyril Ramaphosa as the new leader of the governing African National…
Dec 19, 2017
Rumours that President Jacob Zuma has instructed the South African National Defence Force to draw up plans for implementing a state of emergency may or may not be true. Nonetheless…
Dec 17, 2017
The Tanzanian mainland is marking the 56th anniversary of independence from British rule. The mainland unified with Zanzibar in 1964 to create the current nation-state under Mwalimu Julius Nyerere who…
Dec 07, 2017
Cameroon has been a member of the African Growth and Opportunity Act (AGOA) initiative since it was launched in 2000. AGOA is a preferential trade programme which allows a set…
Dec 04, 2017
South Africa and Morocco will resume diplomatic ties more than a decade after Morocco withdrew its ambassador from Pretoria, South African President Jacob Zuma said in a newspaper interview published…
Dec 04, 2017
South Africa’s rand weakened early on Monday as the leadership race for the new leader of the ruling African National Congress gathered momentum, with the largest voting bloc expected to…
Dec 04, 2017
Who would have thought that this year would end with Robert Mugabe having lost the presidency of both the governing Zanu-PF and Zimbabwe? None could have foreseen such a development…

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