Africa

SARS claims that clothing stores are evading the tax hikes in South Africa. Officials explained how clothing brands are possibly doing it.

Google has unveiled Umoja, its fiber optic cable directly connecting Australia with Africa, with the terrestrial portion of the route from Kenya to South Africa already complete...

Canon's photos that blind people can see will soon be showcased in Africa. Here's how the camera maker made it possible...

President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain...

A South African businessman was sentenced to 12 years in prison for sh...

Tesla has implemented price reductions in key markets such as China, G...

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Anglo American Plc suffered a pre-tax loss of $5.5 billion (£3.8bln) for 2015 year. The 2015 loss was more than twice the loss incurred in 2014. As part of its future strategy, Anglo American is plann

One of the world's biggest mining company Anglo American Plc announced to sell its share in Kumba Iron Ore on Tuesday. The South African multinational company has suffered loss in its full-year perfor

Pandora Media Inc has engaged Morgan Stanley to facilitate the selling itself including identifying potential buyers. Pandora has been spending heavily to attract more number of users amid increasing

Zimbabwe suffers a massive disaster in the form of drought which has hit immensely on the entire country. The Vice president Emmerson Mnangagwa has appealed for $1.5bn aid from the local businesses an

The increasing output in Brazil and falling prices are posing a major challenge to African coffee producers. Coffee exports revenues are a major source of income for several African nations. The coffe

The east African nation Ethiopia is poised to grow at 8.1 percent in 2016 from 8.7 percent growth in 2015. This makes Ethiopia a fastest growing nation in the world. The government spending on infrast

Vodacom Group Ltd has recorded 8.7 percent growth in third quarter revenues. The South Africa-based mobile phone company is focusing on subscribers and high-speed network expansion. Vodafone is expand

The gold buying demand from China is surging from last December onwards owing investors' priority to safe haven assets. The sluggish stock markets, weaker currency and lower global prices are prime re

The lower oil price for about 19 months is benefiting the consumers, but creating a lot of problems for the global governments and business firms. Many banks and the US government forecast oil price a

Guinness Nigeria, the country's second-biggest brewer is seeing a prolonged decline in sales and shares. The failing of the beer industry is part of a bigger national economic slowdown, whereas Nigeri

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Africa

SARS Claims Clothing Stores Evade Tax Hikes in South Africa, Accusing Them of Taking Advantage of Peculiar Taxing System

Google Launches Umoja Fiber Optic Cable Connecting Australia with Africa

Canon's Photos That Blind People Can See To Be Showcased in Africa—How Is This Possible?

Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth

Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison

Tesla Slashes EV Prices in China, Germany and Other Countries in Europe as Sales Drop

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