Business

Algeria signs $600 million gas deals with Italian firms

Algiers – Algeria’s national petrochemicals firm Sonatrach said on Thursday it had signed deals worth around $600 million with... Read more

28 Oct, 2022

Business

No load shedding this weekend, but its back to stage 2 on Monday says Eskom

Cape Town – South Africa’s power utility, Eskom, has suspended load shedding for this weekend due to anticipated “lower... Read more

28 Oct, 2022

Business

Egypt agrees $3 billion loan with IMF as pound hits new low

Cairo – Egypt has clinched a $3 billion loan agreement with the International Monetary Fund against the backdrop of... Read more

28 Oct, 2022

Business

Deeply indebted Zambia gets $275 million from World Bank

Lusaka – The World Bank has approved $275 million in aid to debt-ridden Zambia to help it recover from... Read more

28 Oct, 2022

Business

Cameroon World Cup kit clash leaves traders in despair

Douala – With the World Cup due to kick off in Qatar just weeks from now, Cameroon’s famously raucous... Read more

27 Oct, 2022

Business

South Africa to swallow part of Eskom’s debt to keep it afloat

Pretoria – South Africa’s treasury vowed on Wednesday to take over more than half of Eskom’s multi-billion-dollar debt to... Read more

27 Oct, 2022

Business

Libya, Turkey sign defence deals after maritime spat

Tripoli – Libya’s Tripoli-based prime minister Abdulhamid Dbeibah signed two deals with Turkey’s defence minister on Tuesday, building on... Read more

26 Oct, 2022

Business

South Africa paves way for cryptocurrency regulation

Johannesburg – South Africa’s financial watchdog on Thursday declared cryptocurrency a financial product, paving way for the regulation of... Read more

21 Oct, 2022

Business