Business

109 Articles
BusinessNews

Oil Prices Surge Amid Geopolitical Tensions and Supply Concerns

Oil prices extended gains on Tuesday as traders focused on rising geopolitical risks and persistent supply uncertainties that overshadow potential boosts from increased...

BusinessNews

South African Coal Exports to Israel Rise Amid Shifting Global Supply and Political Tensions

South African mining companies have significantly increased their exports of thermal coal to Israel following Colombia’s decision in August to impose a total...

BusinessNews

South Africa’s Foreign Direct Investment Outflows Plunge in Third Quarter as Capital Flows Normalize

South Africa recorded a pronounced decline in foreign direct investment outflows in the third quarter of 2025, reflecting shifts in corporate activity and...

BusinessNews

Dangote Warns Fuel Imports Are Undermining Nigeria’s Refining Future

Nigeria’s richest man, Aliko Dangote, has intensified his public dispute with regulators, accusing them of allowing the continued importation of cheap fuel in...

BusinessNews

Nigerians Among 41 Suspects Arrested in Accra for Unauthorized Forex Activities

Ghanaian authorities have arrested 41 individuals across Accra for allegedly engaging in unauthorized foreign exchange activities, in a move aimed at tightening control...

BusinessNews

South African Business Confidence Surges in November Amid Lingering Economic Caution

South Africa’s business confidence saw a notable increase in November, with the South African Chamber of Commerce and Industry’s (SACCI) Business Confidence Index...

BusinessNews

South Africa’s Rand Inches Up as Markets Brace for Retail Sales Data and a Key US Federal Reserve Decision

The South African rand made a modest climb in early Wednesday trading, firming to around 17.02 against the United States dollar. Though the...

BusinessNews

South African Rand Weakens Ahead of First Central Bank Meeting Under New Inflation Target

The South African rand edged lower in early Thursday trading as markets turned their focus to the South African Reserve Bank’s upcoming interest...

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U.S. Pauses Assistance to Somalia After Dispute Over WFP Warehouse

Relations between Somalia and the United States have entered a period of sharp strain following Washington’s decision to pause further assistance that directly...

Deadly Election Violence Raises Alarms Over Policing in Tanzania

The nights following Tanzania’s October 29 elections were marked by a wave of violence that has left deep scars and raised troubling questions...