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 ...

Vitol will buy stakes in West African oil and gas assets from Italy's Eni , bolstering the global commodity trading house's ...

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

Kenyan journalist Flora Limukii has landed a new role just days after resigning from her position at CNBC Africa in Rwanda.

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 ...

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

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 ...

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 government has proposed to remove the luxury excise duty on smartphones worth below 2,500 rand ($136.37) from ...

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

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