South Africans prepares for further pain as recession bites
The arrival of spring in the southern hemisphere will bring little joy to many South Africans, who are now…
Continue reading
In a bid to fix ailing economy, President of Sudan dissolves government
The announcement had told of a reduction in the number of ministries from 31 to 21. As Khartoum aims…
Continue reading
Despite subdued economy, big 4 banks of SA bring in profits
The study by The PricewaterhouseCoopers (PwC) on the four biggest banks of the country has shown that profits of…
Continue reading
North Korea uses 70th anniversary to push the economy
North Korea held a major military parade and revived its iconic mass games to celebrate its 70th anniversary, but…
Continue reading
Farmers of South Africa play chicken with tariffs slapped by Trump
For many years the US and South Africa have argued over the chicken business. Washington has denied the South…
Continue reading
In spite of Debt Burden, Africa Considers China Is Odds-on-Favorite for Financing
A number of African nations are looking forward to reconstructing their debt with China during the Beijing summit which…
Continue reading
Alibaba’s Ma Yun launches an initiative to help young African entrepreneurs
Chinese e-commerce giant Alibaba’s Chairman Ma Yun launched on Wednesday here the Netpreneur Prize to support exemplary African business…
Continue reading
Nigeria to Adopt Chinese Yuan as Reserve Currency
Nigeria is now the most recent country to intensify its efforts to adopt the Chinese Yuan as its reserve…
Continue reading
London tribunal states Djibouti’s port seizure is illegal
The London Court of International Arbitration has ruled that the seizure of the control by the Djibouti government of…
Continue reading
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…
Continue reading
