Shell SHEL.L will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country’s efforts to become a crude ...

The Kenyan and Ugandan shillings, Ghanaian cedi and Zambia’s kwacha are all expected to ease against the dollar in the next week to Thursday, traders said. KENYA Kenya’s shilling KES= is forecast to ...

Tanzania’s central bank left its key interest rate TZINTR=ECI unchanged at 6% on Wednesday, holding it steady for a third ...

President-elect Donald Trump has repeatedly called for the elimination of the federal Department of Education. Where someone ...

China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states ...

The following scheduled economic events, equity and currency market moves may affect South African markets on Thursday. ECONOMIC EVENTS November manufacturing output ZAMAN=ECI SOUTH AFRICAN MARKETS ...

Ghana’s consumer inflation GHCPIY=ECI rose for a fourth month in a row in December, to 23.8% year on year from 23.0% in November, the statistics service said on Wednesday. Government statistician ...

Zambia’s kwacha ZMW= has hit a series of record lows since the start of the year as a severe drought keeps the pressure firmly on the copper-producing Southern African country’s economy. Analysts had ...

South African manufacturing activity fell for the second month in a row in December, a local purchasing managers’ index (PMI) survey showed, as demand declined. The seasonally-adjusted PMI sponsored ...

Coloured gemstone producer Gemfields GEMGE.L, GMLJ.J has asked the Zambian government to remove a recently re-introduced 15% export tax on emeralds to avoid hurting the sector. The southern African ...

Following strong response to the announcement of Counder Conference 2025, momentum continues to build for this gathering ...

John Dramani Mahama was sworn in for a second term as Ghana’s president on Tuesday at a ceremony in the capital Accra, pledging to overcome public discontent by boosting the economy and creating ...