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Oil surges after output cuts, strong dollar weighs

A gas station attendant pumps fuel into a customer's car at PetroChina's petrol station in Beijing, China. Photo Credit: Reuters   Oil prices jumped to their...

Zimbabwe: Finance minister projects better growth rate in 2017

Zimbabwe finance minister Patrick Chinamasa has presented the country’s 2017 budget before parliament. The budget stands at about 4.1 billion dollars. During the presentation the finance...

Thousands of Kenyan single mothers, widows use mobile money to escape poverty

Almost 200,000 Kenyan households, many headed by poor, rural women, have lifted themselves out of poverty using mobile money services, experts said on Thursday,...

OPEC oil output hits record high

OPEC's oil output set another record high in November ahead of a deal to cut production, a Reuters survey found on Monday, helped by...

Nigeria, Morocco to Build gas pipeline link

Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other...

Nigeria to complete sale of Eurobond by end of first quarter of 2017

Nigeria hopes to conclude the sale of a $1 billion Eurobond by the end of the first quarter of 2017.According to vice President Yemi...

Samsung Electronics considers structural split as investor pressure builds

Photo Credit: Reuters     South Korea's Samsung Electronics Co Ltd said on Tuesday it will increase dividends and consider splitting itself, as the tech giant faces...

MTN discussed share sale of Nigerian unit with local regulator

The logo of MTN telecommunication company is seen printed on a umbrella at a call point along a road in Lagos. Photo Credit: REUTERS   South Africa's...

Zimbabwe outdoors bond notes equal to US dollar to cure cash crunch

Zimbabwe’s central bank has released bond notes onto the market today despite strong resistance from a section of the society. The southern African country is...

India rupee ban: Opposition parties begin ‘day of rage’

Opposition workers have protested in the southern city of Bangalore. Photo Credit: BBC Indian opposition parties say thousands will participate in nationwide protests against the...

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