News

The trouble with America’s extraterritorial campaign against business - The Economist

Thu, 01/17/2019 - 16:52
The trouble with America’s extraterritorial campaign against business  The Economist

FOR EUROPEAN firms operating in Asia, or Latin American and Asian firms hustling in Africa or the Middle East, business risks abound. Surprisingly high on the ...

US denies they had prior knowledge of Dusit attack - Business Daily

Thu, 01/17/2019 - 16:31
US denies they had prior knowledge of Dusit attack  Business Daily

The United States Thursday dismissed claims that they had prior knowledge of the DusitD2 hotel attack, hat left 21 people dead. US Ambassador to Kenya ...

The peculiar case of Nigeria’s bilateral air agreements - Ventures Africa

Thu, 01/17/2019 - 16:29
The peculiar case of Nigeria’s bilateral air agreements  Ventures Africa

The Minister of State for Aviation in Nigeria, Senator Hadi Sirika recently disclosed that the government has signed a Bilateral Air Services Agreement (BASA) ...

Burkina Faso: Body of Canadian found days after abduction - Business Insider

Thu, 01/17/2019 - 16:24
Burkina Faso: Body of Canadian found days after abduction  Business Insider

OUAGADOUGOU, Burkina Faso (AP) — A Canadian national has been found dead a day after reports that he had been kidnapped by suspected jihadists in ...

2019 harvest 'promising' but South Africa will take time to recover from drought - The Drinks Business

Thu, 01/17/2019 - 16:11
2019 harvest 'promising' but South Africa will take time to recover from drought  The Drinks Business

South Africa's harvest is shaping up to be “promising” wine industry body VinPro has confirmed, but vineyards will take some time to recover from the droughts of ...

Maersk Drilling eyes African prizes - Petroleum Economist

Thu, 01/17/2019 - 15:56
Maersk Drilling eyes African prizes  Petroleum Economist

West Africa is one of the world's few hotspots for offshore drillers and could yet be poised to throw up more opportunities, as oil companies firm up their E&P ...

Update: Billions lost in Woolworths and Mr Price bloodbath, but Foschini emerges triumphant - Business Insider South Africa

Thu, 01/17/2019 - 15:46
Update: Billions lost in Woolworths and Mr Price bloodbath, but Foschini emerges triumphant  Business Insider South Africa

Two retailers' numbers crushed any hope of stronger consumer spending – and then Foschini bucked the trend.

Fuel price hikes put Zimbabwe on its knees - The East African

Thu, 01/17/2019 - 15:41
Fuel price hikes put Zimbabwe on its knees  The East African

Govt more than doubled fuel prices last weekend lighting anger that exploded in violent protests.

South Africa Central Bank Leaves Key Rate Unchanged at 6.75% - BloombergQuint

Thu, 01/17/2019 - 15:13
South Africa Central Bank Leaves Key Rate Unchanged at 6.75%  BloombergQuint

(Bloomberg) -- The South African Reserve Bank maintained its key interest rate and trimmed inflation expectations at its first meeting of the year. The central ...

in 2019 | How to hang on to your hat | News & Analysis - The Africa Report

Thu, 01/17/2019 - 15:13
in 2019 | How to hang on to your hat | News & Analysis  The Africa Report

The storm clouds are gathering. “It has been such a long expansion in the US,” says Souleymane Ba of African private-equity firm Helios Capital. “If that pops, it ...

Vibrant Gujarat: Heads of state arrive for the annual summit; Trade with Africa to be the focus - The Financial Express

Thu, 01/17/2019 - 15:07
Vibrant Gujarat: Heads of state arrive for the annual summit; Trade with Africa to be the focus  The Financial Express

These African countries together account for about 40 per cent of India's total imports from Africa.

India and South Africa to focus on maritime security and joint defence ventures - The Financial Express

Thu, 01/17/2019 - 15:05
India and South Africa to focus on maritime security and joint defence ventures  The Financial Express

The two countries are also working together through IBSA (India, Brazil and South Africa) and BRICS (Brazil, Russia, India, China and South Africa).

South Africa plans big investment pitch at WEF Davos summit - BusinessLine

Thu, 01/17/2019 - 15:05
South Africa plans big investment pitch at WEF Davos summit  BusinessLine

South Africa has lined up a big delegation led by President Cyril Ramaphosa for the World Economic Forum Annual Meeting in Swiss resort town of Davos next ...

Sub-Saharan growth to accelerate despite tighter global conditions, says poll - Business Day

Thu, 01/17/2019 - 15:04
Sub-Saharan growth to accelerate despite tighter global conditions, says poll  Business Day

Sub-Saharan economies will cope with tighter global liquidity this year and grow faster than in 2018, albeit at a lacklustre rate compared to the commodity price ...

Africa Business forum holds in Ethiopia - News Agency of Nigeria

Thu, 01/17/2019 - 14:42
Africa Business forum holds in Ethiopia  News Agency of Nigeria

Heads of states, top officials, business leaders and representatives of AU and UN will converge at the inaugural Africa Business Health Forum (AB:HF).

Foreign holdings of South Africa debt lowest in nearly two years - BusinessTech

Thu, 01/17/2019 - 14:27
Foreign holdings of South Africa debt lowest in nearly two years  BusinessTech

Foreign ownership of South African government debt is declining, but that's not necessarily a bad thing. Non-resident holdings of the country's bonds dropped to ...

9Mobile Welcomes 2019 with 9nniversary Campaign - Ventures Africa

Thu, 01/17/2019 - 14:25
9Mobile Welcomes 2019 with 9nniversary Campaign  Ventures Africa

Leading Telecommunications Company, 9Mobile, is extending the good feelings of the New Year by kicking off its 10th anniversary, aka 9nniversary, this ...

UN rights chief decries ‘excessive force’ against Sudan protesters - Business Day

Thu, 01/17/2019 - 14:14
UN rights chief decries ‘excessive force’ against Sudan protesters  Business Day

Geneva — The UN rights chief on Thursday slammed Sudan's “repressive response” to antigovernment demonstrations that have turned into daily rallies against ...

Manuel Chang’s arrest in SA sparks ‘biggest crisis’ in Mozambique’s Frelimo - Business Day

Thu, 01/17/2019 - 14:08
Manuel Chang’s arrest in SA sparks ‘biggest crisis’ in Mozambique’s Frelimo  Business Day

Chang was Mozambique's finance minister between 2005 and 2015 under former president Armando Guebuza.

Offers flood in as South32 readies for South Africa coal exit - The Australian

Thu, 01/17/2019 - 14:00
Offers flood in as South32 readies for South Africa coal exit  The Australian

South32 has been inundated with offers for its South African thermal coal business, with neither its geography nor commodity deterring would-be buyers.