Wednesday, 26 April 2017

Category: Business

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Rand slides on Standard & Poor credit rating cut

Rand slides on Standard & Poor credit rating cut

The rand fell more than 2 percent on Monday to its weakest in almost three months after S&P Global Ratings cut the country’s credit score to sub-investment grade with a negati ...

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WorldRemit to set up Nairobi office

WorldRemit to set up Nairobi office

The UK-based money transfer company said that the Nairobi office will focus on growing the WorldRemit brand and setting the stage for cross-border mobile money transfer services w ...

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The economic extremes expected post cabinet reshuffle – SA

The economic extremes expected post cabinet reshuffle – SA

The market reaction to last week’s events has, in some ways, been remarkably muted. This could be because the axing of Messrs Gordhan and Jonas was not entirely unexpected. For ma ...

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Somali parliament approves new cabinet

Somali parliament approves new cabinet

Somalia’s 275-member parliament passed the proposed list of cabinet ministers of Prime Minister Hassan Ali Khaire by a vote of 224 to 15, according to a report aired by a state ra ...

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Africa’s emerging markets forum – Abidjan

Africa’s emerging markets forum – Abidjan

“Africa will develop on its own terms, not based on the benevolence of others. And that is the only way we can make development faster and driven by our own needs – with a deep se ...

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President Zuma drops massive cabinet reshuffle – SA

President Zuma drops massive cabinet reshuffle – SA

President Jacob Zuma has announced a massive cabinet reshuffle, firing several ministers and deputy ministers. President Jacob Zuma has wielded the axe, firing Pravin Gordhan as F ...

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Congo intermediaries step aside

Congo intermediaries step aside

The Democratic Republic of Congo's influential Catholic bishops have withdrawn as mediators in talks between the government and opposition. This comes after the implementation of ...

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Struggle veteran Ahmed Kathrada dies at 87 – SA

Struggle veteran Ahmed Kathrada dies at 87 – SA

The Kathrada Foundation confirmed his death on Tuesday morning. Struggle stalwart Ahmed Kathrada, fondly known as ‘Uncle Kathy’, has passed away. The Kathrada Foundation confirmed ...

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Former Egyptian President Mubarak freed after 6 years behind bars

Former Egyptian President Mubarak freed after 6 years behind bars

Former Egyptian President Hosni Mubarak has left the Cairo military hospital where he spent most of his six years in prison, his lawyer Farid al-Deeb said on Friday. An Egyptian c ...

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Gambia to set up truth commission

Gambia to set up truth commission

The Gambia will set up a Truth and Reconciliation Commission to investigate abuses committed during ex-President Yahya Jammeh's rule, the justice minister has said. The finances o ...

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