Exxaro Resources reported a 20% drop in half-year profit as higher production costs and a stronger rand weighed on the South African miner’s earnings.
Absa Group has raised its stake in Absa Bank Kenya to about 72% after a tender offer, strengthening its position in one of East Africa’s…
South Africa’s annual inflation slowed to 4.3% in July from 5.0% in June, beating forecasts as lower fuel and transport costs eased price pressures.
Kenya Airways says Middle East conflict lifted first-half fuel costs by 72%, worsening aircraft shortages, maintenance delays and pressure on profitability.
Hakainde Hichilema’s re-election gives Zambia policy continuity, but investors now want stronger growth, fiscal discipline and progress on copper output.
WHO says Congo's Ebola outbreak could be contained within three months if surveillance, contact tracing, treatment and response resources are scaled up.
South African rand weakens as Middle East tensions lift the U.S. dollar and oil prices, while investors await inflation and business confidence data.
Fourteen people died in a Rustenburg mine-dump collapse, exposing how poverty, criminal networks and abandoned shafts sustain illegal mining in South Africa.
Absa Group’s half-year headline earnings rose 8% to 12.8 billion rand, supported by stronger revenue, lower impairments and an increased interim dividend.
Cocoa exporters in West Africa face EU deforestation compliance costs and traceability gaps that could disrupt supply and raise prices for European buyers.