Business South Africa hikes rates as inflation stays high Johannesburg – South Africa raised its benchmark interest rate for the third time in a row on Thursday, as inflation... Read more 19 May, 2022
Business Egypt to privatise key state companies as inflation surges Cairo – Egyptian Prime Minister Mostafa Madbouli announced on Sunday a string of planned privatisations of state-owned companies, as Cairo... Read more 16 May, 2022
Business African Union chief wants pan-African ratings agency Dakar – Senegalese president Macky Sall called on Sunday for the creation of a pan-African credit ratings agency, saying that... Read more 15 May, 2022
Business IMF backs new Mozambique loan, six years after scandal Maputo – The International Monetary Fund (IMF) on Tuesday signed off on $456 million in credit to Mozambique, the... Read more 11 May, 2022
Business Zimbabwe government under fire for halting bank lending Harare – A move by Zimbabwe to suspend lending by banks will backfire, create a parallel banking system and usurp... Read more 10 May, 2022
Business Kenya boosts minimum wage as inflation bites Nairobi – Kenyan President Uhuru Kenyatta announced on Sunday a 12% hike in the minimum wage as the country confronts... Read more 1 May, 2022
Business Suez Canal records record monthly revenue in April Cairo – Egypt’s Suez Canal Authority announced on Sunday an all-time revenue record for April, earning $629 million following... Read more 1 May, 2022
Business How informal sector organisations in Zimbabwe shape notions of citizenship Kristina Pikovskaia, University of Oxford Since the late 1990s, as companies in Zimbabwe have shut down and laid off... Read more 1 May, 2022
Business OPINION | Stereotypes about young jobless South Africans are wrong: what they’re really up to Hannah J. Dawson, University of the Witwatersrand South Africa has one of the highest youth unemployment rates in the... Read more 1 May, 2022
Business US calls for ‘immediate’ end to Libya oil shutdowns Tripoli – The US said on Wednesday it was “deeply concerned” about an ongoing closure of key oil installations in... Read more 28 Apr, 2022