Business

Renowned auditing firm KPMG is continuing with its restructuring process by announcing on Monday that it will be laying off some 400 people in...

Embattled conglomerate Toshiba on Friday completed the $21 billion sale of its prized chip unit to an investment consortium, a move seen as crucial...

The Parliament of Uganda has passed a law that imposes a tax of $0.05 daily for each user of internet messaging service WhatsApp starting...

Coca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 million in Kenya over the next five...

Officials at the New Development Bank (NDB) have announced that the bank will be providing services to private clients with the hope of offering...

The former President of Zimbabwe Robert Mugabe has failed to attend a parliamentary hearing in the country's parliament on Monday, the second time he...

Telkom SA, South Africa’s biggest landline provider, will sharpen its focus on mobile and data services, its CEO said on Monday after reporting an...

The South African gold miner AngloGold Ashanti has announced that it will be cutting some 2,000 jobs at its domestic operations.

Rwanda has signed a partnership deal with English Football Club Arsenal which is expected to boost the country’s tourism industry.

The parliamentary committee in Zimbabwe probing missing $15 billion diamond revenue has announced that its members have "resolved to meet former president Robert Mugabe at his private home instead of dragging him to parliament" for questioning.