Business

Ghana aims to reduce its budget deficit and inflation in 2017, Finance Minister Ken Ofori-Atta said on Thursday in a budget speech designed to...

Namibia's central bank has assumed control of SME Bank Limited, a lender focused on small businesses in the southern African nation, it said on...

The government has taken over Uganda Telecom Limited (UTL) after the firm’s majority shareholder failed to inject capital to turnaround the state of the ailing telco.

Mozambique will seek to negotiate a restructuring of part of its debt, its prime minister said on Wednesday.The southern African nation is struggling to...

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...

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...

General Motors Co on Tuesday said it plans to sell its majority ownership stake in General Motors East Africa to its Japanese partner Isuzu...

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...

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...

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...