Business

Police building in Guinea's bauxite mining town of Boke was burnt on Thursday by rioters following a clash with security forces, according to local Red Cross officials.

Tanzania’s president on Friday ordered the military to build walls around its tanzanite mines and directed the central bank to buy the precious stone to boost reserves - the latest twist in a spat with mining firms over alleged tax evasion.

South Africa has issued a pair of dollar bonds in overseas capital markets worth $2.5 billion to help finance its foreign currency commitments, National Treasury said on Wednesday.

Japan’s Toshiba Corp (6502.T) has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, the latest dramatic twist to a highly contentious auction.

The South African parliament has announced on Monday that it intends questioning officials of the auditing firm KPMG over tax related matters.

General Motors will recall more than 2.5 million vehicles in China over concerns about airbags made by troubled Japanese giant Takata, Chinese authorities said, dealing a blow to the US automaker in the world's largest car market.

Top bosses of the auditing firm KPMG in South Africa have resigned over work done for the Guptas who are business friends of the country's President Jacob Zuma.

The Gambia has declared ‘war’ on illegal fishing as it seeks support from private companies to tackle the menace in its waters.

Uganda signed an oil exploration deal with Australia’s Armour Energy Limited on Thursday, the first under a protracted competitive licensing round launched in 2015.

Dangote Cement has approached South African cement producer, (PPC), for takeover bid, but talks are at preliminary stages, Media reported on Thursday.