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Africa

Angola's hefty airlines bill

Jan 19 2018 19:49

Angola still owes more than $500m to international airlines, one of many items in the in-tray of new President Joao Lourenco as he tries to revive the economy.

News

DRC revises mining code to make most of battery-driven cobalt boom

Jan 17 2018 16:59

As demand for batteries drives a surge in the price of cobalt, the Democratic Republic of Congo is gearing up to overhaul its mining regulations to harvest more profit from the coveted metal.

Economy

Zim inflation gains 3.46%

Jan 16 2018 16:30

Inflation in Zimbabwe rose to 3.46% in December, according to data from the Zimbabwe National Statistics Agency.

Economy

Egypt urban inflation rate drops as currency float shock eases

Jan 10 2018 10:35

Egypt’s monthly urban inflation rate has fallen for the first time in more than two years as the impact of lifting currency controls eased.

Economy

Tsvangirai: Zim could be on verge of exciting year

Jan 09 2018 09:41

Zimbabwe’s main opposition leader Morgan Tsvangirai says economic challenges remain a cancer in the body politic, and the onus is on the new administration to inspire hope and confidence.

Economy

Zim surpasses 2017 tax collection target

Jan 05 2018 19:15

The Zimbabwe Revenue Authority says it exceeded its 2017 gross annual revenue targets by 17% on the back of robust strategies to enhance revenue collection.

Economy

Lagos set to overtake Johannesburg as 2nd largest African city by GDP

Dec 24 2017 13:47

Lagos is set to overtake Johannesburg as Africa’s second largest city by gross domestic product by 2035, according to a report by Oxford Economics.

Economy

Fuel shortage in Angola tests new president

Dec 24 2017 11:34

Angola has suffered fuel shortages, an irony for one of Africa's leading oil producers, and a hardship that some people blame on opponents of the president.

Africa

Oil giant Nigeria to sell first African sovereign green bond

Dec 15 2017 18:25

Nigeria, Africa’s biggest oil producer, is set to become the first country on the continent to issue a security that raises funds for environmental projects when it launches its green bond on December 18.

Inside Fin24.com

 
Africa

Nigeria takes $1bn from oil savings to fight militants

Dec 15 2017 12:39

Nigeria will take $1bn from a special account for oil-revenue savings to boost its war against Boko Haram Islamist militants in the country’s northeast.

Africa

Russia signs $30bn nuclear plant deal with Egypt

Dec 11 2017 21:30

Egypt and Russia signed a $30bn deal to build North Africa’s first nuclear power plant as the Kremlin moves to expand its influence in the region.

We're talking about: STEINHOFF

Steinhoff International, once the darling of fund managers, risks falling out of the JSE top 100.
 

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