Economy

A landmark judgment in South Africa has made it clear that foreign companies and individuals can no longer assume they are safe from punishment simply because they are not physically …

As South Africans continue with the 2025 tax season, new details have emerged about how taxpayers can benefit from medical tax claims beyond the usual medical aid credits. Many citizens …

Mango Airlines, South Africa’s low-cost carrier, is on the verge of shutting down for good after its last hope of survival collapsed. The investor expected to revive the struggling airline …

A consortium led by Saudi Arabia’s Zahid Group has received the green light from South Africa’s Competition Tribunal to acquire Barloworld in a deal worth R23 billion. The transaction, which …

Hilmax Engineering, one of Zimbabwe’s leading engineering service providers to the mining industry, has staged a remarkable comeback after facing a serious survival battle last year. For more than a …

The crisis in Zimbabwe’s diamond industry has deepened as the Zimbabwe Diamond and Allied Minerals Workers Union (Zdamwu) mounts a last attempt to stop massive retrenchments at the Zimbabwe Consolidated …

The Taraba State government has denied reports that Governor Agbu Kefas spent ₦5.22 billion on foreign trips within six months, describing the claim as false and misleading. The report, which …

The Nigeria Customs Service (NCS) at the Kirikiri Lighter Terminal (KLT) in Lagos has announced that it collected N89.2bn as revenue between January and June 2025. The amount represents a …

Egypt has announced that it successfully saved about $3.6 billion in fuel import costs during the 2024/2025 fiscal year, thanks to a boost in local energy production. The Minister of …

United Bank for Africa Plc (UBA) has obtained a N5bn loan facility from the Bank of Industry (BOI) to support the growth of micro, small, and medium enterprises (MSMEs) in …