Update-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
Nigeria’s Taleveras, ExxonMobil, UK’s Ophir in Equatorial Guinea oil block wins
Nigeria’s rising and diversifying oil trading company, Taleveras, along with international oil company, ExxonMobil and United Kingdom
South Africa’s economy faces another recession in eight years
South Africa’s economy has moved into another recession in eight years, Bloomberg reports. This is the second time the country’s
Paris climate deal: What does the US pullout mean for Africa?
President Trump’s controversial decision isn’t all bad news for the African continent, as many countries seek to be
Scandal after scandal, but South Africa just can’t get rid of its errant president
On Monday morning (May 29), president Jacob Zuma addressed another political meeting. His voice calm, his signature giggle cropping up
South 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 the nation’s debt
W. African oil to China slides to 9-month low in June, India offsets
China’s West African crude oil loadings are on track to slide to a nine-month low in June as buying in the key outlet wanes
Spar CEO sees South African politics hurting consumer confidence
Spar Group Ltd. said the firing of South African Finance Minister Pravin Gordhan and subsequent credit rating downgrades had caused a
South Africa removes Eskom CEO Molefe few days after rehire
South Africa will remove Brian Molefe as chief executive officer of Eskom Holdings SOC Ltd. less than three weeks after his
Banana, sugarcane farmers in South Africa switch focus to macadamia nuts
Booming demand for macadamias is transforming farmland in eastern South Africa, as landowners switch focus from bananas and sugarcane