- Advertisement -
CATEGORY
Business
Latest African business news, latest breaking news from Africa.
IMF makes significant progress in talks with Kenya
The International Monetary Fund’s mission to assess the Kenyan economy achieved “significant progress” and talks with the government will continue in the coming weeks,...
Apple is first public company worth $1 trillion
Apple has become the world's first public company to be worth $1 trillion (£767bn).
The iPhone maker's market value reached the figure in late morning...
Ghana merges five ‘struggling’ local banks
Ghana has formed a new indigenous bank called the Consolidated Bank. It has merged five local banks struggling to remain in business.The Bank of...
South Africa records rise in unemployment rate
South Africa is currently facing an economic growth challenge but that has also been compounded by a increase in unemployment rate.Unemployment rate for the second...
IMF warns South Africa’s economy still faces major risks
The International Monetary Fund has warned that South Africa still faces major risks despite a stabled economic growth forecast for 2018.On Monday the IMF...
Uganda, Rwanda firms awarded $63m for poll losses
A Kenyan court has ordered the government to pay 16 Ugandan and Rwandan companies $63 million as compensation for trucks and goods lost during...
Google launches free Wi-Fi for Nigerians
Google has announced the launch of a network of free Wi-Fi hotspots in Nigeria. This is part of the company's ongoing project to expand its...
Facebook’s shares tumble as growth disappoints
Facebook shares tumbled 20% on Wednesday after the social media network's revenue and user growth fell short of investor expectations.
The firm, which is facing...
BRICS summit: China’s President warns against trade war
Chinese President Xi Jinping has warned against global trade war as he addresses a summit of emerging economies in South Africa's main city, Johannesburg.Jinping in...
China to invest $14.7 billion in South Africa
China is to invest $14.7 billion in South Africa as the Asian super power deepens its trade relations in Africa.South Africa's President Cyril Ramaphosa...
Latest news
- Advertisement -

