Thursday, March 5, 2026
IMF decides granting Zambia $1.3 billion funding package
The International Monetary Fund decides whether to grant Zambia up to $1.3 billion in a three-year credit facility to help plug...
Read moreDetailsUpdate-South Africa enters recession as economy shrinks 0.7% in Q1 2017
South Africa’s economy contracted in the first quarter of 2017, pushing the continent’s second largest economy into its first recession...
Read moreDetailsSouth Africa’s economy faces another recession in eight years
Jacob Zuma, South Africa President South Africa’s economy has moved into another recession in eight years, Bloomberg reports. This is...
Read moreDetailsKenya’s economy on track, gathering steam
A railway built by the British government to tighten control over its African colony eventually played a part in ending...
Read moreDetailsSouth Africa avoids a second Fitch cut as rating affirmed
South Africa avoided a second downgrade in two months from Fitch Ratings Ltd. as the company left its assessment of...
Read moreDetailsRevised South Africa mining charter due in next few weeks- Zuma
President Jacob Zuma South Africa's Mining Charter, which sets industry targets for black ownership and participation in the sector, will...
Read moreDetailsKenyatta opens Chinese-built Mombasa-Nairobi railway
President Uhuru Kenyatta on Wednesday inaugurated a Chinese-built railway, linking the capital Nairobi with the port city of Mombasa. It...
Read moreDetailsAiling African Presidents leave nations in leadership limbo
*Leaders of Nigeria, Angola, Zimbabwe seek treatment abroad *Incapacity offsets experience benefit: Renaissance’s Robertson Nigeria, Angola and Zimbabwe are being...
Read moreDetailsAfrica corn silos overflow in south as food crisis hits east
Africa’s corn harvest this year is a tale of two extremes as worries about overflowing silos and rotting crops in...
Read moreDetailsMauritian banks becomes haven as politics and oil roil peers
Mauritian banks are becoming beacons of growth and stability in sub-Saharan Africa. Unscathed by the vagaries of the oil price...
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