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Economy
SA ELECTIONS 2024
The 2024 South African General Elections are set to take place on Wednesday, 29 May.
Congo is harassing airline after its staff detained: Kenya Airways
Date:Apr 26, 2024
Kenya Airways on Friday accused authorities in the Democratic Republic of the Congo (DRC) of harassment over the continued detention of two of the airline's staff for alleged customs violations despite a court ordering their release.
Glencore seeks investment opportunities in Nigerian mining sector
Date:Apr 26, 2024
Mining and trading house Glencore will invest in Nigeria's mining sector if the government ensures a stable business climate, the company's CEO said yesterday during a visit to Nigeria's Minister in charge of solid minerals.
Rwanda's green, social initiatives receive major financial boost
Date:Apr 26, 2024
The African Development Fund's Board of Directors has approved a significant partial credit guarantee to aid Rwanda's efforts in securing financing for various green and social projects.
'ByteDance prefers TikTok shutdown in US if legal options fail'
Date:Apr 26, 2024
TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the United States (US), four sources said.
Intel forecast misses estimates, shares tumble
Date:Apr 26, 2024
Intel forecast second-quarter revenue and profit below market estimates on Thursday, sending its shares tumbling roughly 8% as it faces weak demand for its traditional data centre and PC chips and trails in the surging market for AI components.
Impala Platinum could cut 3 900 jobs
Date:Apr 26, 2024
Impala Platinum could cut three thousand nine hundred jobs as it restructures its South African operations due to lower metal prices, with the news likely to pile more pressure on the government weeks before a general election.
Malawi gets $57.6m World Bank grant to address food crisis
Date:Apr 26, 2024
The World Bank said on Friday that it was providing $57.6 million in "quick release" grant financing to Malawi to help the country respond to a food crisis.
SA Financial Sector Authority exposes companies failing to pay pension contributions
Date:Apr 26, 2024
The Financial Sector Conduct Authority (FSCA) of South Africa has released a comprehensive list identifying over 4 000 companies that have failed to pay a collective sum of $36 million in pension fund contributions.
Egypt seafood sellers slash prices amidst nationwide boycott
Date:Apr 26, 2024
Egyptian fishmongers have reported cutting seafood prices by as much as 50%.
SA touted as Africa's largest economy, shows promising sectors
Date:Apr 26, 2024
South Africa's (SA) Finance Minister, Enoch Godongwana, has highlighted the robust sectors contributing to the nation's economic growth.
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