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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Nigeria requires $3.5 billion funds to fill its $15 billion budget deficit. The falling oil prices are eroding revenues for the government. The largest economy in Africa is seeking $2.5 billion loan f

Alrosa PJSC has recorded 45 percent growth in sales for the fourth quarter of 2015. The rebound in the global diamonds market helped Alrosa post encouraging performance. The diamonds prices in the glo

South African Reserve Bank (SARB) has announced increasing key interest rates by fifty basis points to 6.75% on Thursday. It has also slashed down growth forecast to 0.9%. SARB has increased the inter

Nigeria as biggest economy of Africa is not able to meet demands for power supply for various reasons. Azura which generates power for Nigeria, is of view that for supply to increase the power transm

Anglo American's copper production and from retained operations rose 23 percent for the fourth quarter of 2015. The overall copper equivalent basis production for 2015 rose five percent when compared

Gold soared to three-month high early this week as investors switched over to safe have following the concerns about the global economy. The US Federal Reserve indicated a challenging global economy a

The summit will provide a platform for foreign investors, African companies, and regulators to meet, discuss relevant issues, and form relationships. East Africa has a strong potential to develop Isla

Childhood obesity has increased drastically worldwide and WHO seeks political involvement in handling the issue. About 48% of obese and overweight children aged 5 and below reportedly belong to Asia

South African retail bank said the country's house price will decline in this year. Fitch Ratings also remarked South African residential property and mortgage markets outlook to weaken further facing

The debt burden of South African farmers reached to over Rand 125 billion ($7.5 billion). The total debt of farmers was up 14 percent in 2015 to Rand117 billion. Economists alert that the prevailing s

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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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