Category : Commerce

  Fifteen years after their relatives helped free South Africa from apartheid, scions of two of the nation’s most famous families met in a hotel...

Sanbao Ghana Pharmaceuticals Limited, a Chinese manufacturing firm in Ghana, has invested a total of US$15 million to expand its production capacity. The company now...

The Pan African Parliament (PAP) has expressed concern about the impact of illicit financial outflows in Africa on development and economic recovery. Former President of...

Westgate Shopping Mall is set to re-open for business in the next two months. The management of Westgate Shopping Mall, which has not been operational...

Workers load sugarcane at an ethanol distillery in Brazil. Photo: FAO/Giuseppe Bizzarri The International Labour Organization (ILO) today warned of widespread insecurity in the global...

Leading maker of home appliances, Nexus, has opened its first brand shop in Lagos as part of its plan to expand consumer touch points in...

South Africa’s consumer inflation is likely to trend steadily higher this year as food prices rise, putting pressure on the central bank to increase interest...

BHP Billiton CEO Andrew Mackenzie Lower iron ore prices are here to stay as new mine production outpaces weaker growth in demand, according to the...

Southern Africa faces possible food shortages over the next few months due to a severe drought in the ‘maize belt’ of South Africa, where a...

Guinea Bissau is reviewing contracts signed by previous governments as the West African country seeks to ensure miners have sufficient means to kick-start its $2...

Zimbabwe has asked for financial support from the West for the first time in a decade at a meeting of Western diplomats and international lenders....

Egyptian Natural Gas Holding Company – YOUM7 (Archive) By REUTERS CAIRO: Egypt has issued a five-year tender to lease a second liquefied natural gas (LNG)...

April 29th, luxury travel company ROAR AFRICA hosted the New York premier of Okapi.  The Okapi Collection is the first world class South African luxury...

Cost cutting and an improving European car market helped Volkswagen (VW) beat first-quarter profit forecasts, easing the pressure on management following the shock ouster of...

Nigeria’s Dangote Sugar said on Wednesday its first quarter pretax profit dropped 51.9 percent to 3.79 billion naira ($19 million), compared with the same period...

ALGIERS-Algeria participates from tomorrow until Tuesday 10 May in the international fair of Abidjan (Ivory Coast) as guest of honor, the Ministry of Tourism and...

 Morocco took part on Wednesday in Cairo in the meeting of the high level group which was set up upon the decision by the 26th...

KEFI Minerals (LON:KEFI) confirmed the definitive feasibility study of the Tulu Kapi gold project in Ethiopia will be published by the middle of this year...

The five countries of the East African Community (EAC) had 33.61 million households and a household television penetration rate of 23 percent at the end...