Business
Moody’s turns positive on sub-Saharan African countries
Moody's raised its outlook for sub-Saharan African countries to positive on Wednesday, saying reforms had helped them weather inflationary pressures
Uganda opens door for investors in Dangote Refinery IPO
Uganda's capital markets regulator has approved local investors to participate in the planned initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE,...
SARB’s bad news for motorists: Lower oil prices might not reduce...
Consumers are increasingly paying more for fuel not only because of higher oil prices but also because of a global shortage of refining capacity.
This...
Competition Commission moves to revoke Premier-RFG’s R5.6bn merger over ‘non-disclosure’
The Competition Commission has applied to the Competition Tribunal to revoke its approval of a merger between Premier Group and RFG Holdings, alleging that the...
The world has nearly burned through its oil stockpile buffer, executives...
By Robert Harvey, Stephanie Kelly and Shadia Nasralla LONDON, Oct 6 (Reuters) - The amount of oil in storage that is accessible to the global market is running…
Reserve Bank warns of further interest rate hikes as inflation risks...
The South African Reserve Bank (SARB) has warned that monetary policy may need to remain restrictive for longer and could be tightened further if...
Fuel hikes squeeze taxis, Cosatu urges government relief
The South African National Taxi Council (Santaco) is exploring ways to shield taxi operators and commuters from the impact of rising fuel prices.
National office...
Outsurance moves to buy out minority shareholders in R10.2bn drive
OUTsurance Group Limited (OGL) has unveiled plans to acquire the remaining 7.17% minority stake in its key subsidiary, OUTsurance Holdings Limited (OHL), in a...
State proposes mandatory livestock identification system
The Department of Agriculture has published draft regulations that would require livestock owners across the country to identify and register animals on a national...
Nigeria’s Dangote refinery targets 10 million retail investors for planned IPO
Nigeria's Dangote Petroleum Refinery is targeting 10 million retail investors for its planned initial public offering, Chief Executive David Bird said on Tuesday. Bird said
