Kenyan Taxpayers to Bear Brunt of President Ruto’s Big Spending Plans
Kenyan President William Ruto intends ramping up government spending on initiatives ranging from increasing access to affordable housing
2023-06-16 16:59
Billionaire Perrodo Family’s Oil Riches Are Slowly Pulled Into the Open
It was a rare public appearance by the head of the billionaire Perrodo family’s multinational oil company. Benoit
2023-06-16 13:18
‘Badly Scarred’ Investors Need to See If Nigeria Is a Buy
A lightening-fast policy reset from Nigeria’s newly elected president has placed Africa’s biggest economy back on the radar
2023-06-15 20:48
Nigeria Inflation Quickens Before Currency Devaluation, Fuel Subsidy Removal Filter Through
Nigeria’s inflation rate climbed for a fifth month on food prices, and is set for further rises when
2023-06-15 20:28
South Africa Extends Ban on Scrap-Metal Exports by Six Months as it Seeks to Curb Theft
South Africa extended a ban on scrap-metal exports by six months as the government tries to combat theft
2023-06-15 18:52
H&M Blames Weather for Flat Sales as It Lags Behind Zara
Hennes & Mauritz AB blamed poor weather for flat second-quarter revenue as the Swedish retailer keeps lagging competitor
2023-06-15 14:55
Asia, US Stock Futures Climb After Fed Rate Pause: Markets Wrap
Stocks in Asia are poised for muted gains after US equities inched higher after the Federal Reserve paused
2023-06-15 06:59
MTN Fights ‘Bizarre’ Funds Seizure in Cameroon Over Dispute
A Cameroon court ordered banks used by South Africa’s MTN Group Ltd. to transfer its funds into escrow
2023-06-14 23:28
Pan-African Approach Needed to Ensure Food Security: New Economy
A pan-African approach is needed to solve the continent’s food-security dilemma given the high cost of developing agricultural
2023-06-14 23:22
Nigeria Said to Be Near Decision to Let Naira Trade More Freely
Nigeria is on the verge of making a decision to allow its local currency to trade more freely
2023-06-14 19:25
Ghana’s Surprise Uptick in Inflation May See Rate Hikes Return
Ghana’s inflation rate unexpectedly rose in May, adding pressure on the central bank to resume rate hikes next
2023-06-14 18:21
Prosus Issues Profit Warning as Tencent’s Earnings Decline
Prosus NV issued a profit warning for its fiscal 2023 after a decline in profit at Tencent Holdings
2023-06-14 17:55