Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1,000 employees by August this year, a company official said, as it ...

Zimbabwe's corporate sector faces unprecedented challenges as major players like Tongaat Hulett announce job cuts and retailers implement desperate measures. Soaring inflation, currency instability, ...

African governments celebrate the oversubscription of bonds as a sign of strong investor confidence in African economies and ...

Police ended a rescue operation at an abandoned gold mine on Wednesday and said they believe they have brought out all the survivors and retrieved all the bodies after hundreds of miners were trapped ...

South Africa's rand strengthened on Wednesday, ahead of a key U.S. inflation report that could provide clues on the Federal ...

A recent video footage projects Uganda’s President Yoweri Museveni as a library with tomes of economic information that could ...

The South African rand has retreated against the US dollar this year as most emerging market currencies slip. The USD/ZAR pair rose to 19.227, its highest point since April 2024, up by almost 13% from ...

Nigeria’s relationship with cryptocurrency has been a turbulent one, marked by notable regulatory shifts that have created ...

Currency volatility, especially for organisations relying on international software solutions denominated in foreign ...

CURRENCY HUB is transforming South Africa’s crypto arbitrage industry by offering clients near-zero SWIFT fees on their ...

Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% recorded ...

Bidvest Bank is being sold to Nigerian-based Access Bank – but Moody’s has flagged the purchaser’s credit risk.