South Africa’s central bank left its main interest rate unchanged on Thursday, as the threat of recession softened amid lower inflation in the continent’s most developed...
The Nigeria Union in South Africa said on Thursday that a Nigerian petty trader, Monday Okorie, was killed in Potchefstroom, North West Province of that country,...
Guinness Nigeria Plc plans to increase exports to improve sales and generate more foreign exchange as the country’s second-largest brewer battles to overcome an economic slump...
MTN Group Ltd. started a 9.9 billion rand ($727 million) economic empowerment plan that will boost black ownership of the South African unit to more than...
South African President Jacob Zuma will face renewed pressure to quit after partial election results showed his African National Congress losing outright control of the capital,...
South Africa’s unemployment rate dipped slightly to 26.6 percent for the second quarter of the year. This is down from 26.7 percent. The figures are contained in...
A group of Chinese investors planned to invest about 40 billion rand ($2.8 billion) in South Africa’s energy and metals-related industrial park. The Chinese group led...
South Africa’s central bank on Thursday pause its policy tightening program at 7 percent. The Monetary Policy Committee, led by Governor Lesetja Kganyago, said the country’s...
Barclays Plc sold one-fifth of its stake in Barclays Africa Group Ltd as part of it plan to overhaul the British bank. The bank sold 12.2...
South African based Pick n Pay Stores Ltd. announced plans to enter Nigeria after posting a 26 percent increase in full-year profit. The company said it...