The South African Reserve Bank's Monetary Policy Committee voted unanimously to cut its main interest rate by 25 basis points to 7.50 per cent, in line with expectations on the back of lower inflation ...
Joining CNBC Africa for this discussion is Patrick Buthelezi, Economist, Sanlam Investments and Vishal Rama, Quantitative Analyst at Prescient Investment Management.
Britain has warned Rwanda that its involvement in an escalating conflict in the Democratic Republic of Congo could jeopardise the over $1 billion of aid it receives every year. Rwanda-backed M23 ...
Nigeria’s main labour union has rejected a government-approved 50% hike in telecommunications tariffs and announced plans for a nationwide protest on Feb. 4. The telecoms regulator last week approved ...
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. EVENTS: Democratic Republic of Congo’s ...
South Africa’s rand was little changed early on Thursday ahead of an interest rate decision by the South African Reserve Bank. At 0650 GMT, the rand traded at 18.5675 against the dollar, near its ...
An initiative to connect 300 million Africans to electricity in the next six years has won new pledges worth more than $8 billion from lenders including the Islamic Development Bank and the Asia ...