International Monetary Fund Managing Director Kristalina Georgieva said the war in the Middle East will test global economic …
International News
The establishment of a new state company intended to serve as a property portfolio and manage around 155 billion Rand ($9.2 billion) of South Africa’s assets is on the country’s radar as a potential path to …
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International News
World Bank says $50 billion committed to African electrification
by Staff Writerby Staff WriterMore than $50 billion has been committed to an ambitious plan to halve the number of people without …
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International News
Oil spikes as Middle East war all but halts Hormuz ship strait
by Staff Writerby Staff WriterOil surged the most in four years as tanker traffic all but halted through the Strait of Hormuz …
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International News
Here are the airports and airlines disrupted by US-Iran conflict
by Staff Writerby Staff WriterEmirates and Qatar Airways are among the worst-affected airlines as the conflict in Iran shutters airports across the …
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International News
Mozambique expects to get $10bn in World Bank support
by Staff Writerby Staff WriterBy Tavares Cebola, Bloomberg Mozambique expects to secure about $10 billion in financing from the World Bank Group in …
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By Hadriana Lowenkron and Jarrell Dillard, Bloomberg Donald Trump says the US economy is finally his. Now he’ll have …
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International News
IMF sounds alarm on Mozambique debt distress, budget crisis
by Staff Writerby Staff WriterMozambique is navigating a fiscal crisis and has built up debt-servicing arrears with a raft of bilateral and …
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International News
Stanchart Botswana unit lures interest from South African banks
by Staff Writerby Staff WriterStandard Chartered Plc has begun a process to sell its Botswana business and expects to get first bids …
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International News
MTN launches R35 billion IHS Towers full takeover
by Staff Writerby Staff WriterMTN Group has agreed to take over the approximately 75% stake in mobile infrastructure company IHS Holding Limited …
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International News
Ethiopian Airlines racks up $4,5 billion revenue in 6 months
by Staff Writerby Staff WriterEthiopian Airlines, Africa’s largest and most profitable carrier, has reported $4,4 billion in revenue for the first six …