South Africa’s Tharisa Capital is set to invest $250 million to complete the first phase of the Karo platinum project in Zimbabwe over the next two…
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Elon Musk has taken a 9.2% stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social…
Officials of the governments of Ethiopia and South Sudan have expressed their plan to interconnect the two neighbouring nations through an energy grid. This was made…
Oil prices edged up on Monday as concerns over restricted supply lingered, even as investors awaited the release of supplies from consuming nations’ strategic reserves and…
Sudan’s central bank has issued a public warning against the use of digital currencies, claiming residents face legal risks. The Bank recently issued the warning, stating…
According to central bank statistics released on Sunday, Egypt’s net foreign assets (NFAs) fell substantially in February, falling by 60 billion Egyptian pounds ($3.29 billion) to…
A poll by the Central Bank of Kenya has shown that firms and organizations in that country believe that business activities will increase rapidly after the…
Moody’s has altered South Africa’s outlook from “negative” to “stable,” noting the government’s capacity to control its debt burden over the medium term as a rationale…
The Kenyan Court of Appeal has prolonged a moratorium or is a legally authorized period of delay on the Kenya Revenue Authority’s (KRA) decision to increase…
The Naira remained under pressure and fell across the foreign exchange (forex) markets as skepticism continued to fuel foreign inflows into the market. Official data and trading…