Category : BUSINESS

Miners work on the diamonds mine of Banengbele, 10km south of Boda, on May 22, 2015 in Central African Republic. AFP PHOTO | PATRICK FORT ...

* JPMorgan reviewing Nigeria bond status * Nigeria accounts for 1.8 pct of emerging bond index * Central bank tweaked FX market last week  By...

The International Monetary Fund said on Thursday Kenya’s economy was seen expanding by around 6.5 per cent this year, rather than its earlier forecast of...

US gold producer Newmont Mining has formalised a $106-million deal giving Australasia-focused OceanaGold a third operating mine in New Zealand. The Waihi gold mine was...

  A visiting United States trade delegation, which is in the country on a rare trade visit, says it is impressed by the business opportunities...

MasterCard Inc. has formed an alliance with a Somalian bank to issue debit cards in the last African market aside from nations under sanctions where...

Author:Stella Dawson Multinational companies deprive African governments of $11 billion in taxes each year, and G7 world leaders should set up a new global body...

* Exports to Asia hindered by freight, Brent-Dubai spread * Flows to India fall by a further 17 pct * Indian refiners seek more crude...

Mohamed, a Palestinian from the southern Gaza town of Rafah, risked his life as he spends the whole night moving new shipment of smuggled tobacco...

The uncontrolled use of toxic mercury and explosives by illegal miners is causing irreparable damage to the Black Volta River and its surrounding environment, says...

The Department of Trade and Industry (DTI) wants to raise at least R100 billion to support black industrialists and create at least 100 new ones....

The Chinese ambassador to South Africa on Thursday said the relationship between Africa and China would feature in the history books as an important factor...

Kenya has awarded a consortium led by a Chinese firm a concession deal to develop two coal blocks in the country’s eastern region. The ministry...

Africa’s leading independent oil and gas exploration and production company, Tullow Oil plc, on Wednesday said it is certain to face the future with lot...

The World Bank Group’s Board of Executive Directors Tuesday approved the Ghana Public Financial Management Reform Project to support the Government of Ghana achieve tangible...

Savannah Petroleum has said that it has discovered 14 drill-ready exploration sites with prospective oil resources of 215 million barrels in Niger. According to a...

STORY HIGHLIGHTS The recent discovery of oil reserves can provide Uganda with long-term positive impacts on the economy if handled strategically, according to a new...

The Central Bank of Nigeria (CBN), the Nigeria Inter-Bank Settlement System (NIBSS), including banks, are set for this year’s cashless card exposition and conference, tagged...

Metals of Africa (ASX:MTA)has started a 5,000 metre drill program to define a maiden near-surface JORC Resource at the Montepuez Central Project in Mozambique that...

AngloGold Ashanti, the world’s fourth- biggest gold producer, swung to a profit in the first quarter as production beat the company’s guidance and costs fell....