Business

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BusinessNews

Malawi Increases Fuel Prices Amid Energy Concerns and Foreign Exchange Pressures

Malawi’s energy regulator has announced a sharp increase in fuel prices, marking the second hike in just four months. The Malawi Energy Regulatory...

BusinessNews

South Africa’s Rand Weakens as Global Tensions Rise and Inflation Data Looms

South Africa’s rand opened the week on a weaker footing as global risk appetite softened amid renewed geopolitical tensions and as investors positioned...

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...

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Uvira Back Under Congolese Control as M23 Withdrawal Leaves City on Edge

The Democratic Republic of Congo has announced the recapture of Uvira, a key city in South Kivu province, following the withdrawal of Rwanda...

What Happened in the Controversial AFCON 2026 Final

Senegal’s victory in the 2026 Africa Cup of Nations final will be remembered as one of the most dramatic and contentious moments in...