Business

South Africa’s credit rating close to junk status

Ratings agency Moody’s followed S&P Global and Fitch in spelling bad news for Africa’s second biggest economy, South Africa, now…

November 2, 2019

RBZ Working On Stabilising Exchange Rate: Mangudya

The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya said that the central bank will inject more liquidity on the…

October 31, 2019

Ghanian President, Akufo-Addo Reveals What Closure Of Nigerian Border Has Done to ECOWAS

Ghana President, Nana Addo Dankwa Akufo-Addo on Tuesday said the closure of the land border between Nigeria and the Republic…

October 31, 2019

Tanzanian billionaire Dewji explains why he asked kidnappers to ‘shoot him’

Tanzanian billionaire Mohammed Dewji, who was kidnapped and held for 10 days in October last year, says he was ready…

October 31, 2019

Rwanda pilots VW’s electric cars as eGolf model hits Kigali streets

Volkswagen is importing a batch of electric powered Golf models into Rwanda for a local ride-hailing service, establishing a bridgehead…

October 31, 2019

RBZ To Introduce New Zimbabwe Dollar Notes & Coins In 2 Weeks

The governor of the Reserve Bank of Zimbabwe, Dr JohnPanonetsa Manguta announced this Tuesday that the central bank will introduce…

October 29, 2019

“African countries not being led into debt trap” – Ramaphosa

President Cyril Ramaphosa on Monday refuted allegations that a number of countries in Africa are being led into a debt…

October 28, 2019

Business: Gucci’s astronomical sales are coming back to earth

After a two-year streak of astronomical sales growth, Gucci’s latest figures show it growing at a more earthly rate. The…

October 27, 2019

Zimbabwe threatens disconnections to recover $77m power debt

Zimbabwe’s state-owned electricity distributor, grappling with drought and ageing equipment, said on Thursday it will disconnect mines, farms and other…

October 26, 2019

“Kenya Has More to do to Attract Investors” — DP Ruto

Deputy President William Ruto has said Kenya has to do more to make it a preferred gateway to Africa for…

October 24, 2019

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