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South Africa’s Afrimat withdraws takeover bid for Universal Coal
Following extensive consideration Afrimat has decided not to proceed with the acquisition...
by 26
July 3, 2019

Illegal miners defy eviction deadline from Glencore’s Congo project
A landslide at the Kamoto Copper Company (KCC) concession killed 43 people, prompting the government to vow the miners’ removal...
by 26
July 3, 2019

OPEC extends oil supply cut to boost prices
The approval of the pact extension on Tuesday follows a decision by OPEC producers the previous day...
by 26
July 2, 2019

Kenya’s Safaricom appoints Michael Joseph as acting CEO
At a Special Board meeting of the Directors, the board resolved to appoint Michael Joseph as the interim CEO with...
by 26
July 2, 2019

Airtel Africa shares drop in London trading debut
The stock fell as much as 15 per cent to 68p after it listed on the London Stock Exchange...
by 26
June 28, 2019

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Zimbabwe declares interim RTGS dollar sole legal tender
The RTGS dollar was introduced in February 2019 as a first step towards a new currency by the year’s end...
by 26
June 25, 2019

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Nigeria’s central bank will keep controversial FX system
Emefiele added that the bank also hopes to continue working with the Deposit Money Banks to improve access to credit...
by 26
June 25, 2019

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Nigeria’s apex bank to offer seven-year loans to youth corps members
The country’s youth corp members will be expected to attend the bank’s entrepreneurship training centres to acquire vocational skills...
by 26
June 21, 2019

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Ivory Coast to see over $300 million Orange telecom investment
The upgrades will boost service to their 13 million subscribers and enhance Internet service delivery, with focus on their 4G...
by 26
June 21, 2019

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Kenya’s apex bank governor says weak Kenyan Shilling not linked to banknote plan
The bank announced on June 1 that it will retire the old version of its biggest legal tender in four...
by 26
June 21, 2019

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