Economy

A legal dispute has erupted between Atlas Mara, an African banking group co-founded by former Barclays CEO Bob Diamond, and a Zambian financier who claims he was not paid in …

Equitiеs Soar as Oil Wobblеs on OPEC Doubts In thе world of financе, global stock markets arе continuing thеir impressive rally, marking thеir bеst performance since COVID-19 vaccinе brеakthroughs in …

Crime in South Africa costs 10% of GDP, hinders growth.

India, the world’s largest rice exporter, has imposed restrictions on its overseas sales of the grain since July 2023, in an attempt to contain domestic prices ahead of an election. …

Zambia’s central bank is expected to hike its policy rate for the third time this year on Wednesday, November 22, 2023, as the country grapples with a sharp depreciation of …

Africa stands at a pivotal juncture in its journey towards global connectivity. Despite ambitious targets like Nigeria’s aim for 70% broadband penetration by 2025, the continent grapples with significant internet …

The South African rand gained against the dollar on Tuesday, as global risk appetite improved amid signs that the U.S. Federal Reserve may stop raising interest rates soon. The rand …

Africa’s largest economies are set to diverge from the global path of lower interest rates as they grapple with high inflation and currency pressures. While some countries such as Nigeria …

Angola is looking for a partner to operate its new $3 billion international airport in Luanda, the capital city, for up to 40 years. The tender, which opens on Friday, …

Kenya has received an additional $938 million from the International Monetary Fund (IMF) to support its economic recovery from the effects of the drought, inflation, and global financial shocks. The …