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Business RoundUp

27 Apr 2018
Investor sentiment and financial markets in South Africa have strengthened under the leadership of new President Cyril Ramaphosa, said the country’s Reserve Bank Governor Lesetja Kganyago.
27 Apr 2018
Some African countries have recorded democratic victories in the past 12 months. Ethiopia has a new leader whose ascent holds great promise for change, despite the country’s problematic 2015 election.
27 Apr 2018
Angola’s finance ministry said it had requested non-financial assistance from the International Monetary Fund to help it implement economic reforms, as Africa’s second-largest crude producer continues to suffer from a lower oil price.
26 Apr 2018
The IMF, in its latest World Economic Outlook, kept its 2018 and 2019 global growth forecasts unchanged at 3.9 percent for both years after upgrades in January.
20 Apr 2018
Global growth will keep a steady pace this year and next, buoyed by stronger trade and U.S. fiscal stimulus that will fade by the early 2020s, while increased tariffs could damage market confidence and output, the International Monetary Fund said on Tuesday.
20 Apr 2018
We’re providing support to the Electoral Commission to INEC, we’re doing some training of electoral observers, we funded the situation room and the NGOs who are so important to society; so important in elections, we’re encouraging women and youth groups to get engaged in politics and to vote.
20 Apr 2018
Mauritius has frozen bank accounts and suspended business licenses linked to Quantum Global Investment Management, a firm through which Angola’s sovereign wealth fund invests much of its cash, according to a court document and a regulatory source.
6 Apr 2018
CNBC Africa’s Esther Awoniyi caught up with Hollywood Actor John Boyega on today’s episode of Beyond Markets. He shares some insight on his journey so far in Hollywood.
6 Apr 2018
Uncollected solid waste is one of Nairobi’s most visible environmental problems. Many parts of the city, especially the low and middle-income areas, don’t even have waste...
6 Apr 2018
The South African tourism industry is larger than agriculture, contributing 2,9% of GDP, compared to 2% by agriculture, and 8% by mining.
6 Apr 2018
Uganda’s national debt has nearly trebled in the last three years to more than 50 percent of gross domestic product, creating a risk of default risk...
23 Mar 2018
CNBC Africa’s Esther Awoniyi caught up with Kemi Adeosun Nigeria’s Minister of Finance on the side-lines of the Ogun State Investors forum to talk about VAIDS deadline and what will happen to those who fail to take advantage of the tax amnesty programme.


1 hour ago
Mohamed Salah scored the decisive spot-kick as record seven-time champions Egypt beat the Ivory Coast 5-4 on penalties after a 0-0 draw in Douala on Wednesday to reach the Africa Cup of Nations quarter-finals.
2 hours ago
NATO on Wednesday said it had delivered a set of written "proposals" to Russia, after Moscow issued a raft of demands to roll back US influence in eastern Europe.
3 hours ago
The Abia Command of the Nigeria Security and Civil Defence Corps has destroyed 10 illegal modular refineries operating in Okohia and Owaza oil-bearing communities of the state, an official has said.
3 hours ago
Bitcoin and its underlying technology can take businesses into the untapped regions of the world. Today, media headlines highlight blockchain technology and investments around it. Cryptocurrencies like Bitcoin have dominated the news headlines due to their remarkable performance over the years. Despite being highly volatile, Bitcoin has continued to increase its value. Currently, entrepreneurs and…
4 hours ago
When it comes to style, there is no beating the Niger Delta. Aside from the serene environment and rich sea food the people guarantee their visitors, nobody visits a Niger Delta event without having a story to tell. And so it was at the Port Harcourt Golden Jubilee Polo tournament, which attracted teams from across…