Africa


Coronarivus pandemic makes African free trade 'more important than ever'

2020-04-04 16:26

No amount of policy change or cuts in taxes will truly make Africa competitive when the physical hinderances are ignored, warns the head of treasury at the Africa Finance Corporation.

Jack Ma makes big donation to help African Union through coronavirus

2020-03-23 16:20

The equipment donated includes 20 000 laboratory diagnostic test kits, 100 000 medical masks, and 1 000 protective suits and face shields.

Ugandan general arrested for alleged treason

2020-03-13 15:40

A Ugandan military general who recently declared he would challenge President Yoweri Museveni in 2021 elections, has been arrested for suspected treason, police say.

New report looks at African innovation

2020-03-11 17:38

A newly launched report identifies six African, and two South African, companies as market creating innovators.

Netflix sees Africa spy drama as key to unlock continent growth

2020-03-07 17:00

Netflix sees the opening of new crime-drama series Queen Sono as the first of many original African TV series that will win the US giant a bigger slice of a market still dominated by satellite TV.

At least 22 'criminals' killed in clash with Burundi police

2020-02-26 18:30

At least 22 "armed criminals" and two police officers were killed in clashes between Burundi security forces and an unnamed armed group at the weekend, police say.

Angola ex-president defends son over embezzlement charge

2020-02-18 22:00

Angola's ex-president has defended his son and a former central bank governor who are accused of embezzling $500 million from the country's sovereign wealth fund, court documents show.

Africa must feature prominently at this year's SONA - Naledi Pandor

2020-02-13 18:17

Africa and its link to the global community must feature prominently in President Cyril Ramaphosa's State of the Nation Address, International Relations Minister Naledi Pandor has said.

Coronavirus threat looms over fragile African health systems

2020-02-08 18:15

The rapidly spreading coronavirus has wreaked havoc across much of the developed world and Africa is the least equipped to deal with the epidemic.

Transnet must punch above its weight to grow Africa, says new CEO Portia Derby

2020-02-05 18:06

Newly appointed Transnet group CEO Portia Derby tells delegates at the Investing in African Mining Indaba that the state-owned rail freight company's mission is to yield economic benefits for SA and other African nations.

 

Moody's: Coronavirus a major threat to Africa's sovereign credit ratings despite stimulus measures

2020-03-26 17:05

The coronavirus global shock is having a severe macroeconomic and financial impact on African countries, according to a new report by Moody's Investor Services.

Coronavirus | SA will lock down if necessary, says WHO rep

2020-03-19 17:39

World Health Organisation representative to South Africa, Owen Kaluwa said he was confident that government appreciated the seriousness of Covid-19 and would introduce precautions to address the challenge if and when they became appropriate.

Sudan says FBI to help probe PM assassination bid

2020-03-11 21:56

American investigators will help Sudan with enquiries into a failed assassination attempt against Prime Minister Abdalla Hamdok, the Sudanese culture and information minister says.

Fitch: Coronavirus could trigger capital flight from Africa

2020-03-10 19:53

Foreign investors have sold a net R20 billion of South African government bonds this month already, according to data compiled by Bloomberg.

OPINION | Coronavirus has exposed our over-reliance on China. It's time to change that

2020-03-04 16:02

French finance minister Bruno Le Maire said this week that the virus highlighted an 'irresponsible and unreasonable' reliance on China and would require a rethink in global supply networks. He’s right, says Andrew Robinson.

OPINION | Ramaphosa’s AU chairmanship will be a challenge, but he and Africa can learn from Trump

2020-02-19 12:08

In its promotion of economic integration, Ramaphosa's AU can play a big role in encouraging fellow African countries to pursue pro-market reforms, writes Phumlani M. Majozi.

Transnet International Holdings: Winning over Africa, two years later

2020-02-18 05:02

Transnet International Holdings' foray into the African continent comes as global economic superpowers are also looking to mark their place in the African continent and capitalise on its growth potential.

UPDATE | SA negotiator appointed secretary of Africa Continental Free Trade Area

2020-02-10 19:43

Senior South African trade diplomate Wamkele Mene was appointed as the secretary of the African Continental Free Trade Area in at the 2020 African Union Summit in Addis Ababa, Ethiopia on Monday afternoon.

'Alternative Mining Indaba': you should not only take oil and diamonds

2020-02-05 20:01

A group of protestors marched to the Investing in African Mining Indaba in Cape Town to highlight their concerns over the problems extractive mining is causing for communities who live near mines.

How prepared is Africa for an outbreak of deadly coronavirus?

2020-02-01 16:15

No confirmed case on the continent yet but fears grow the deadly disease will reach countries with weak health systems.

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