South Africa’s trade balance swings to deficit in July
31/08/2018South Africa’s trade balance swung to a deficit of 4.66 billion rand ($317 million) in July from a revised 11.89 billion rand surplus in June, data from the revenue agency.
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Tunisian energy minister, officials sacked over graft accusations – government
31/08/2018Tunisia’s Prime Minister Youssef Chahed sacked the energy minister, Khaled Kaddour, and four other senior figures linked to that ministry on Friday over corruption accusations, government officials said. Chahed ordered.
Africa
Nigeria’s challenges have given way to dividends under me – President Muhammadu Buhari
30/08/2018President Muhammadu Buhari on Thursday said the various challenges facing the country since the inception of his administration in 2015 had given way. He said the challenges had translated into.
Business & Economy
UK to boost economic links with Zambia
30/08/2018Zambians will benefit as the UK puts more attention and resource into economic development and trade links to create the economic growth that will sustain rapidly growing populations in Africa..
Business & Economy
Johannesburg Stock Exchange signs deal with MTS on open bond trading platform
30/08/2018London Stock Exchange Group’s electronic bond trading platform MTS has collaborated with Johannesburg Stock Exchange (JSE) to launch an electronic government bond trading platform in South Africa. The partnership will.
Business & Economy
Tanzania: Sh3.3tr Loan to Fund Standard Gauge Railway
30/08/2018Tanzania is to receive a $1.46 billion loan (about Sh3.3 trillion at the prevailing exchange rates) from the British multinational banking conglomerate, Standard Chartered Group. The money will be spent.
Africa
World Bank’s IFC, Egypt sign deal to support Africa start-ups
30/08/2018The World Bank’s private sector arm has signed on Thursday an agreement with Egyptian government aimed at supporting young entrepreneurs and start-ups in Africa to drive innovation and economic growth..
Business & Economy
Guinness Nigeria’s profit before tax grew by ₦7.3 billion in 2018
30/08/2018Guinness Nigeria Plc posted a profit before tax of ₦9.9 billion at the end of the 2018 financial year, the company’s results released by the Nigerian Stock Exchange have shown..
Nigeria presidential race sparks to life; Senate leader runs
30/08/2018Nigeria’s presidential race sparked to life on Thursday with the announcement by Senate president Bukola Saraki that he intends to run next year. Saraki is the most well-known challenger yet.