South Africa’s central bank kept its main lending rate steady at 7.50% on Thursday, saying that a cautious policy approach was needed given global and domestic uncertainties. The decision was in line ...

South Africa’s Absa Group on Monday named former Standard Bank South Africa chief Kenny Fihla as its new CEO, effective June 17. Fihla joined Standard Bank Group in 2006 and has held numerous senior ...

The CEO of MTN Group said the worst should be over for the company as its Nigeria unit recovers, after a naira devaluation ...

The United Nations World Food Programme said on Friday it would halt food and nutrition assistance to more than 2 million ...

(Reuters) – Anglo American has begun a consultation process in the United Kingdom and South Africa to cut jobs, amid a ...

Standard Bank, Africa’s biggest lender by assets, on Thursday reported a 4% jump in annual profit and forecast headline earnings per share (HEPS) growth of 8%-12% in the medium term. The South ...

South Africa’s SPAR Group is planning a chain of about 30 to 40 high-end grocery stores, with the first set to open in the fourth quarter of this year, an executive said on Thursday, as the retailer ...

Nigeria’s state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying crude oil in the naira currency, the company said. The original six-month ...