Business Lebanese currency hits record low amid bank closures Beirut – The Lebanese pound has hit a new low against the US dollar on the black market, a... Read more 19 Sep, 2022
Business Power cuts to plunge South Africa into darkness Johannesburg – Africa’s most industrialised economy South Africa is again facing sweeping power cuts, caused by failures at ageing... Read more 19 Sep, 2022
Business Eskom considers permanent load shedding… but has ‘decided against it for now’ – report Cape Town – Eskom chief executive officer André de Ruyter reportedly said on Sunday that the power utility had... Read more 18 Sep, 2022
Business Eskom escalates load shedding to Stage 6 as more units break down Cape Town – Eskom says it has implemented Stage 6 load shedding following the tripping of a generation unit... Read more 18 Sep, 2022
Business Sierra Leone delays full switchover to new currency Freetown – Sierra Leone is to delay the phaseout of its old currency until next spring, the central bank... Read more 17 Sep, 2022
Business Eskom announces stage 5 loadshedding until Monday as South Africans prepare for a dim weekend Cape Town – South Africans are in for a gloomy weekend as Eskom has announced that they will be... Read more 17 Sep, 2022
Business Uganda furious at EU parliament censure of mega oil project Nairobi – Uganda’s parliament has lashed out at European lawmakers over a resolution condemming a massive East African oil... Read more 17 Sep, 2022
Business William Ruto is now in charge of Kenya’s shaky economy: where to start XN Iraki, University of Nairobi Kenya’s President William Ruto, sworn in as new President on 13 September 2022, has... Read more 16 Sep, 2022
Business South Africans’ weekend ruined as Eskom extends Stage 4 load shedding until Sunday Cape Town – South Africans will seemingly have to adjust their weekend plans, as Eskom announced the extension of load... Read more 16 Sep, 2022
Business Morocco, Nigeria agree on project to pipe gas to West Africa and Europe Rabat – A memorandum of understanding was signed Thursday for the development of a project to pump gas from... Read more 16 Sep, 2022