Chinese President Xi Jinping was invited by President Jacob Zuma to co-chair the Johannesburg Summit of the Forum on China-Africa Co-operation. Read more »
The bank was in October placed under receivership over massive fraud, with up to U.S.$380 million unaccounted for. Read more »
Businesses and consumers are reportedly opting for transanctions in U.S. dollars and the local bond coins as the rand continues to weaken. Read more »
The Passenger Rail Agency of South Africa has drawn criticism after railways officials imported new locomotives from Europe despite explicit warnings that the trains are not suited ... Read more »
Chinese President Xi Jinping signed ten investment deals with Zimbabwe. Read more »
President Edgar Lungu is fighting hyperinflation in the face of severe weakening of the Kwacha, job losses and an energy crisis. Read more »
The Nigeria Communications Commission has reviewed the deadline for the payment of the U.S.$5,2 billion fine it imposed on MTN for defying regulatory directives. Read more »
South Africa has submitted an official complaint to Industry and Commerce Minister Mike Bimha over higher import tariffs imposed on South African goods to protect local producers. Read more »
The Central Bank of Kenya has been directed to consider a proposal to inject U.S.$21.5 million into Dubai Bank to save it from liquidation. Read more »
The minister of state for petroleum resources Ibe Kachikwu has replaced former minister Diezani Alison-Madueke as president of the Organisation of Petroleum Exporting Countries. ... Read more »
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