Oil surged the most in four years as tanker traffic all but halted through the Strait of Hormuz …
By Monique Vanek, Bloomberg African policymakers are set to keep interest rates higher for longer as renewed hostilities between the US and Iran fan fresh inflation fears, especially in countries that are net fuel …
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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 …
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International News
Regional blocs rally behind New African Financial Architecture
by Staff Writerby Staff WriterThe African Development Bank Group President, Sidi Ould Tah, convened a pivotal high-level working session on February 15, …
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Tongaat Hulett, a 134 year-old South African sugar maker, is on the brink of collapse again as its …
