GM to sell South African operations
General Motors Co plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa, the latest steps in a strategy of focusing cash and engineering...
America’s snub of the AU should spur regional powers into action
In April 2017 US Secretary of State Rex Tillerson stood up one of Africa’s most powerful people, African Union (AU) Commission Chairperson Moussa Faki. Tillerson invited Faki to Washington...
Resolving Nigeria’s power sector challenges
Most times when we talk about power on CNBC Africa, it isn’t exactly positive. The themes always revolve around the challenges, what has been done and what more the private and public sectors can do to make this sector work...
Zambia President steps into row with First Quantum Minerals
Zambia’s president Edgar Lungu has called for an out of court settlement with First Quantum Minerals, which is being sued for $1.4 billion by a state-owned firm, the presidency said on Thursday.
This is what my freedom means, what does it mean for you?
“Twenty-three years into our [South Africa’s] freedom and people can still complain; that is a sign of a very good democracy and a government that listens to its people.”
Tanzanian polygamist’s puzzle: How to stop six wives warring over 500 acres?
With six wives, 16 children, 60 grandchildren and 500 acres of land, 80-year-old Tanzanian traditional healer Kuzenza Magoso worries his descendants could start fighting over his estate when he dies.
Nigeria’s economic outlook
To give you an example, the statistics can be used in a number of ways. One, what if I tell you the figures and tell you that if I rearrange them the problem Nigeria had in the past was that we were living above our means.
Ivory Coast slashes budget on low cocoa prices
Ivory Coast has cut planned spending for 2017 by 10 percent due to a sharp drop in world prices of cocoa, its leading export, President Alassane Ouattara said, according to Thursday’s edition of national newspaper Le Patriote.