Business and Economy

Trade between Morocco and Israel saw an increase of 1% in the first half of 2022 compared to the same period last year. New data from the Abraham Accords Peace …

The equity capitalization in the Nigerian capital market rose to N27.30 trillion at the close of trading on Tuesday. The figure was N364.3 billion higher than the N26.93 trillion posted …

Massmart, the embattled owner of Game and Makro, expects its headline loss to increase by at least 51% for the 26 weeks to end-June, to a possible loss of R974 …

JSE has maintained its market share, Despite competition from new entrants like A2X the company said in its half-year results on Tuesday. The JSE still represents 99.7% of equity market …

SARS, South African Revenue Service amidst the nationwide strike announced on Tuesday that it was able to open all 23 of its customs offices and reduce the number of closed …

Nigeria’s excess crude fund has plunged to $376,655.09 at the end of June, from $35.37m in May, amid limited crude exports, biting fuel subsidies, piling debt and a struggling economy. …

The Federation Account Allocation Committee (FAAC) has shared a total sum of N802.407 billion being revenue that was generated in June 2022 to the federal government, states and local governments …

The International Monetary Fund (IMF) has retained projected economic growth of 3.4 percent for Nigeria in 2022. The Washington-based institution disclosed this on Tuesday in its World Economic Outlook (WEO) …

Centum real estate reported a Sh650million consolidated operating profit for the year ended March 31, driven by profits from homes sales and development rights business line. Home sales achieved significant …

The South African Post Office says it has shut down 144 branches across the country – mainly due to unprofitability, congestion and crime. Responding in a written parliamentary Q&A, the …