South Africa’s Blue Label Telecoms Ltd announced Thursday that it had concluded an agreement to restructure and refinance mobile operator Cell C’s 7.3 billion rand ($411 million) debt to bolster its …
The National Treasury and South African Revenue Service (SARS) are standing their ground on proposed amendments to tax legislation in South Africa, despite protests from businesses. Speaking to the parliamentary …
First Bank of Nigeria says it will suspend international transactions on its naira Mastercard from September 30. In a recent statement to its customers, the bank said such transactions would not …
Ghana’s economy grew by 4.8 percent, year-on-year, in the second quarter of this year largely due to the manufacturing and crop and cocoa sectors, the Ghana Statistical Service (GSS) has …
The Nigerian startup ecosystem has recorded a significant amount of growth in terms of investments, with Lagos taking the lead. According to a report, about 383 Nigerian tech startups raised a …
The Debt Management Office (DMO) said Nigeria’s total public debt stock, which was N41.60 trillion (100.07 billion dollars) in March rose to N42.84 trillion (103.31 billion dollars) by June. According …
South Africa’s headline consumer inflation fell to 7.6% year on year in August, data showed on Wednesday, suggesting inflation may have peaked in annual terms at 7.8% the previous month. Inflation …
The most severe blackouts in South Africa’s history have left the government struggling for ways to mitigate their impact on businesses and livelihoods, with efforts to buy more power from …
South Africa’s record power outages are stifling travel across the key bridge between the country and Zimbabwe, one of Africa’s busiest inland borders. Queues at Beitbridge, a major economic and …
As Stage 6 load shedding over the weekend set alarm lights flashing, President Cyril Ramaphosa is under increased political pressure from opposition parties over the country’s energy crisis. The situation …
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