- Tuesday, June 23, 2026
BusinessDay
South African President, Cyril Ramaphosa has said it is finalising plans to appoint Ngozi Okonjo-Iweala as a member of the...
South Africa’s net foreign reserves rose to $45.358 billion while gross reserves jumped to $54.6bn in February Reserve Bank data showed on...
Union Bank of Nigeria (UBN) Plc on Thursday announced a dividend recommendation of about N7.3 billion for the 2019 business...
It is ten times costlier to transport cargoes from the Lagos ports than it is to move them from sea ports in either Ghana and South Africaaccording to a research by SBM...
As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy. The...
SA’s slipped into a much deeper contraction in the fourth quarter than economists expected as it recorded its second recession...
Ghana is considering to buy out the debts of independent power producers as a step toward restructuring contracts and reducing its power bill, according to people familiar with the matter....
Even without a single confirmed case, sub-Saharan Africa may be the region hardest hit outside of Asia by the spread of the coronavirus....
When Margaret Ntale Namusisi’s three daughters called her in Uganda to say they were being quarantined at their university in Wuhan, China, because of the coronavirus outbreak, she sent money and told them: “Run very fast and do shopping.” ...
Egypt’s economic growth continues gather steam on the back of bold reforms, recording a near 6% GDP growth in the six months to December, a government statement said in Cairo....
Global investors are expected to intensify interest in Egypt as the government plans to resume its program to offer stakes in state-run firms by the end of next month....
Ethiopia’s bold political and economic reforms which have been the toast of global investors have won a significant embrace from the United States which will provide financial assistance to Prime Minister Abiy Ahmed to support him along the way....
Midway through the last quarter of 2019, investors looking at Ghana saw a slowing economy, creeping inflation and a currency that had declined against the dollar for 25 straight years. Barely six weeks into the new year, the picture has changed....
The South African government has decided to establish a sovereign wealth fund as a means to preserve and grow the country, President Cyril Ramaphosa announced during his state of the nation address on Thursday night....
Nigeria and Ethiopia have signed a visa waver agreement and a Memorandum of Understanding (MoU) on Cooperation in the field...
