News

Nigeria has achieved a 35% reduction in electricity subsidies following a tariff increase implemented last year for some ...
China last week announced it was done retaliating against U.S. President Donald Trump’s tariffs, saying any further increases ...
South Africa’s rand weakened early on Thursday against a firmer dollar, as markets awaited information on U.S. tariffs and ...
President Trump’s sweeping new tariffs sparked a $6 trillion market sell-off and reignited debate about trade policy. Economists say they’re watching for signs the tariffs might break the economic ...
South Africa’s finance minister has said that failing to raise the value-added tax rate from May would cause severe harm to state finances, court papers showed, after a stand-off over the proposal ...
Botswana’s central bank kept its monetary policy rate unchanged for the fourth meeting in a row at 1.90% in a decision announced on Thursday. Inflation in the Southern African country edged up to 2.8% ...
Nigeria and South Africa have signed an accord to boost cooperation in mining, Nigeria’s mines minister said on Thursday, highlighting Abuja’s push to diversify its economy away from oil. Mines ...
A dispute between a British-owned tea plantation and a local community in western Kenya has come to the boil in what could be a sign of turbulent times ahead for tea producers facing a growing ...
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. GLOBAL MARKETS Asian stocks wavered on ...
The World Trade Organization (WTO) warned on Wednesday that the outlook for global trade has “deteriorated sharply” in the ...
Buy interest in ACCESSCORP and UNILEVER are driving a bull run at Nigeria’s equities market despite profit-taking activities ...
The U.K.’s annual inflation rate fell to 2.6% in March, coming in below analyst expectations, according to data released by ...