South African cities shuttered ahead of anti-migrant protests
Workers stayed home, shops were shut and buses sat idle across South Africa on Tuesday as fears mounted that planned anti-immigrant marches would descend into violence.... Read more.
South African rand weakens ahead of anti-immigration protests
The South African rand weakened on Tuesday, pressured by global risk aversion tied to a fragile truce in the Middle East. This as investors also braced for planned... Read more.
African banks in hot pursuit of Kenya’s profits face tough local rivals
African banks, including Egypt’s Commercial International Bank (CIB), Nigeria’s Access Bank and South Africa’s Nedbank, are seeking to expand in... Read more.
What is behind South Africa’s anti-immigrant protests?
Protesters have told all undocumented foreigners to leave South Africa by Tuesday, ahead of anti-immigrant rallies that many fear will turn violent. Thousands of... Read more.
Oil prices dive as more tankers move through Strait of Hormuz
Crude prices fell by more than 3% on Friday, on course for steep weekly losses, as oil tankers kept exiting the Strait of Hormuz, easing supply concerns the day... Read more.
Egypt lines up four state-owned companies for privatisation, cabinet says
Egypt has granted four state-owned companies preliminary listings as part of the government’s privatisation programme, the cabinet said on Sunday. Three are... Read more.
Soccer-South Africa goalkeeper has strong track record in penalty shootouts
ATLANTA – If the first knockout clash at the World Cup on Sunday is forced to post-match penalties, then South Africa’s Ronwen Williams is just the man... Read more.
Uganda’s military chief orders shutdown of two major media outlets
NAIROBI – Uganda’s military chief, who is also the president’s son, said on Sunday that he had ordered the closure of two leading media outlets,... Read more.
France considers measures after Burkina Faso breaks off relations
PARIS – France said on Saturday that it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations. Burkina Faso said on... Read more.
IMF approves nearly $350 million in funding for Congo
The International Monetary Fund said on Friday it approved about $348.5 million (R6 billion) in funding for the Democratic Republic of Congo after completing reviews... Read more.
