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Saturday, March 14, 2026
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Latest African business news, latest breaking news from Africa.
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South African coal truck drivers protest against renewables
Isaac Kaledzi
-
March 1, 2017
Thousands of coal truck drivers descended on South Africa's capital Pretoria on Wednesday to protest against the country's renewable energy program, after President Jacob...
Business
Mitsubishi Hitachi to supply turbines for Kenyan geothermal plant
Isaac Kaledzi
-
March 1, 2017
Japan's Mitsubishi Hitachi Power Systems said on Tuesday it and two other firms had won an power generation plant order including two 70 megawatt...
Business
GM plans to sell stake in East African unit to Isuzu
Isaac Kaledzi
-
March 1, 2017
General Motors Co on Tuesday said it plans to sell its majority ownership stake in General Motors East Africa to its Japanese partner Isuzu...
Business
Nigeria’s economy contracted by 1.5 percent in 2016
Isaac Kaledzi
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February 28, 2017
Nigeria's gross domestic product fell by 1.5 percent in 2016 due to lower oil revenues, the National Bureau of Statistics said on Tuesday, for...
Business
South African official sacked over 350% pay rise
Isaac Kaledzi
-
February 28, 2017
A South African government official who granted himself a 350% pay rise has been sacked. Collins Letsoalo was supposed to be "Mr Fix-it" - brought...
Business
Nigerian court to rule on Shell, ENI dispute with authorities in March
Isaac Kaledzi
-
February 28, 2017
A Nigerian court will rule on March 13 on a request by Royal Dutch Shell and Italy's Eni to lift the temporary seizing of...
Business
SpaceX to fly two tourists around Moon in 2018
Isaac Kaledzi
-
February 28, 2017
US private rocket company SpaceX has announced that two private citizens have paid to be sent around the Moon. The mission is planned for late...
Asia &Australia
Samsung heir to be indicted on bribery charges
Isaac Kaledzi
-
February 28, 2017
Samsung's heir apparent Lee Jae-yong is to be formally indicted on multiple charges including bribery and embezzlement, prosecutors said.
Business
Tunisia to accelerate reforms as IMF freezes loan
Isaac Kaledzi
-
February 27, 2017
Tunisia is likely to sell stakes in three state-owned banks this year and cut up to 10,000 public sector jobs as part of reforms...
Business
Sasol sees first Mozambique oil production in 2-3 years
Isaac Kaledzi
-
February 27, 2017
Petrochemicals group Sasol has found oil in wells off Mozambique and aims to bring the fossil fuel to production for the first time in...
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