UAE targets Africa trade for food security, high growth rates
The United Arab Emirates, sub-Saharan Africa’s biggest trade partner after China, plans to further expand commerce with the region as it seeks to bolster food security and tap into rapid…
The United Arab Emirates, sub-Saharan Africa’s biggest trade partner after China, plans to further expand commerce with the region as it seeks to bolster food security and tap into rapid…
Nedbank Group has agreed to pay Transnet R600 million ($34.8 million) in a confidential commercial settlement, ending a year-long legal dispute over interest-rate swaps. The settlement, made without any admission…
Gold traded steady, consolidating three days of growth, as traders weighed the imminent restart of the US government and the prospect of further interest-rate cuts in a subdued labor market.…
Nigerian stocks tumbled the most in 15 years as foreign investors rushed to sell ahead of a new tax regime set to triple capital gains taxes. The NGX All-Share Index…
Oil fell as an industry report showed the biggest rise in US inventories in more than three months and a selloff swept global markets. Brent slid toward $64 a barrel,…
After Donald Trump and Xi Jinping met in South Korea on October 30, China released a statement on the landmark summit’s outcomes, while US officials made public remarks and later…
AHEAD of Tesla’s annual general meeting (AGM) on today there’s been one key message the electric car-maker has been hammering home to shareholders: the boss is worth $1tn. It has…
After facing considerable criticism, Eskom has relented on the onerous and costly requirements for registering small-scale embedded generation (SSEG) – primarily rooftop solar – within its distribution areas. It will…
Swiss-based bottler Coca-Cola HBC on Tuesday said it has agreed to buy a 75% stake in its African counterpart for $2.6 billion, creating the world’s second-largest Coca-Cola bottling partner by…
South Africa’s gradual structural reforms are breathing life into the economy, but aren’t sufficient to lift the growth rate to the government’s 3.5% target, according to Moody’s Ratings. Africa’s largest…
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