Business

The International Monetary Fund (IMF) has revised Botswana's 2017 and 2018 economic growth forecast due to rising diamond demand, investment in the water and power sector and reforms to attract investment.

Egypt's official statistics agency says the country's inflation rate has jumped to 33% in July - up from 29.8% in June.

Toshiba has met a deadline to report its long-awaited earnings results, reducing the risk that the firm will be delisted from the Tokyo Stock Exchange.

Social media giant Facebook has made a move into dedicated video, pitting it against YouTube and TV networks. Users will soon see a new Watch tab that will offer a range of shows, some of which have been funded by the social network.

The biggest brand discusses trends and where the motoring landscape in South Africa is shaping into the future. If you want to know what the South African motoring landscape might look like in 20 years from now, it makes sense to ask the biggest stakeholder. In the case of all things wheels in Mzansi, that’s Toyota. 

A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk, said Wednesday it has launched a new fund that will invest in infrastructure in Africa.

Nigeria has been told by a court it can permanently seize a $37.5 million apartment block owned by a former oil minister who is wanted for money laundering.

Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than $800m in hotels in Egypt, the investment ministry in Cairo said on Monday.

A Google employee's opinion criticising the firm's diversity initiatives is causing a furore at the firm. In an internal memo, a male software engineer argued...

South Africa's Treasury is considering a 13 billion rand ($972 million) bailout to keep South African Airways (SAA) going as it battles a mounting cash crunch, Finance Minister Malusi Gigaba said on Friday.