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Thursday, July 23, 2015
Yahoo suffers Q2 loss, revenues still unchanged
Yahoo is still limping along as the Internet company prepares to shed the financial crutch that has been propping up its stock during the three-year reign of CEO Marissa Mayer.
Monday, July 13, 2015
Zimbabwe retailers lose out to street vendors
The cries of street vendors have become the soundtrack to Zimbabwe's collapsing economy as increasing numbers of the unemployed try to eke out a living, leaving shopkeepers -- and the taxman -- poorer.
Wednesday, July 8, 2015
Internet taxi firm Uber said Monday it was providing security for its drivers in South Africa after verbal threats from other taxi operators in the latest outbreak of friction to hit the fast-growing company.
Tuesday, July 7, 2015
Tanzanian lawmakers have passed a new petroleum bill that creates a regulatory and legal framework to manage discoveries and control of the East African nation's natural gas reserves and possible future oil finds, officials said.
Thursday, July 2, 2015
Around the world people use bank machines to access cash: but in the Kenyan capital's crowded slums, people now use similar machines to access an even more basic requirement -- clean water.
The South African government announced Wednesday it had sold its stake in telecommunications giant Vodacom to raise cash for state-owned energy provider Eskom, which is struggling to keep the lights on.
Wednesday, July 1, 2015
Shares in Sony plunged 8.25 percent Tuesday on dilution fears after the Japanese electronics giant announced plans to raise US$3.6 billion through stock and bond sales.
Monday, June 29, 2015
Uganda's 'motorcycle Uber' shows it pays to be safe
When Silver Tumwesigye, a sharply-dressed Ugandan motorbike taxi driver known by his nickname "Silverstone," had an accident six years ago it was a double blow.
Saturday, June 27, 2015
The Carter Center Friday called on the government of the Democratic Republic of Congo (DRC) to reveal the terms under which a state firm sold a mining concession to a subsidiary of Swiss group Glencore.
Monday, June 22, 2015
The minerals in the south-eastern Katanga region represent potential riches for the Democratic Republic of the Congo, but a lack of electricity is preventing the country from fully exploiting them.
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