Thursday, June 4, 2015
Growing optimism over Africa's economic future is set to draw more than 1,250 delegates from governments and international corporations Wednesday to the three-day "African Davos" in Cape Town, the World Economic Forum said.
Thursday, May 28, 2015
Africa has long been the El Dorado just over the horizon for airlines, but sustained economic growth and the emergence of a middle class on the continent may finally clear the obstacles from the runway.
Wednesday, May 27, 2015
Eight candidates are vying to become the next head of the strategic African Development Bank as the continent is undergoing an economic transformation.
Saturday, May 23, 2015
Business leaders in Africa's leading oil producer Nigeria on Thursday warned that jobs could be at risk, as a weeks-long fuel crisis showed no signs of easing.1 Comment
Tuesday, May 19, 2015
Power outages are the biggest brake on South Africa's economic growth, Finance Minister Nhlanhla Nene said Monday, as factories, homes and offices across the country continue to suffer from long electricity cuts.
Monday, May 11, 2015
South Africa's annual season of labor strikes often turns violent, but a recent wave of deadly xenophobic attacks has heightened fears that this year's protests could fuel further aggression towards migrant workers.
Wednesday, April 29, 2015
Royal Philips NV, the world's biggest lighting maker, said Tuesday higher restructuring costs wiped out gains from higher sales to reduce first-quarter net profit by 27 percent to 100 million euros (US$109 million).
Monday, April 27, 2015
Many U.S. companies drag on complying with a law against financing armed movements active in eastern Democratic Republic of Congo (DRC) through the purchase of "conflict minerals," according to a new study.1 Comment
A wave of xenophobic attacks in South Africa could provoke reprisals from neighboring countries, raising concerns among South African business leaders and officials that the violence against foreigners could further damage the weak economy.
Monday, April 20, 2015
Still smarting from a jihadist attack that killed 21 foreign tourists last month, Tunisia is hoping to save the summer season with new security measures and an ad campaign touting its safety as a destination, but industry leaders are glum.