South Africa’s government faces a tough balancing act as it tries to attract foreign investors into the key mining sector while also pledging to seize land without paying compensation. President Cyril Ramaphosa, who is pushing “expropriation ...
South Africa’s Chamber of Commerce and Industry has recorded a stable business confidence for the month of January. The business confidence index came in at 95.1 index points for January, an increase of 0.1 index points month-on-month. However it ...
The country is under pressure from the IMF to freeze salaries for public employees to help reduce its budget deficit. Tunisia’s government reached a deal with the powerful UGTT union to raise the wages of 670,000 public employees, three ...
Escalating attacks by Boko Haram militants have forced 30,000 people out of Nigeria’s northeast into Cameroonian borders over the weekend, the UN Refugee agency said on Tuesday. Thousands have also fled to neighboring Cameroon and Chad in ...
A United Nations envoy who visited South Sudan’s rebel leader Riek Machar at his exile home in Khartoum has confirmed that the latter is planning to return to Juba in May. UN envoy David Shearer met last week with Machar to discuss plans for a ...
A new Fund for Export Development in Africa (Feda). New initiative of the African Import and Export Bank (Afreximbank). With an initial budget of USD 100 million, its headquarters will be in Mauritius, while Kenyan banker Philip Kamau will be its ...
Somalia’s Al-Shabaab militants on Monday shot dead the Maltese manager of a port, while detonating a car bomb in the capital which killed nine people and wounded several others. In a deadly day for the restive nation, a gunman shot Maltese ...
