Africa

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

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


Google Launches Umoja Fiber Optic Cable Connecting Australia with Africa

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 To Be Showcased in Africa—How Is This Possible?

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

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

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


Latest News

Ethiopia launches 4G mobile service in the capital
Ethiopia's state-run telecoms monopoly has launched a fourth generation (4G) mobile service in the capital Addis Ababa, aiming to catch up with the high-speed communications available in some east Afr
South Africa's Sun International to buy Peermont in $775 million deal
South African hotel chain Sun International (SUIJ.J) on Friday announced plans to take over casino resort group Peermont for nearly 9.5 billion rand ($775 million).
Egypt targets FDI worth $60 billion over four years: minister
Egypt wants to attract foreign direct investments worth $60 billion and to get an average growth rate of 7 percent over the next four years, the country's planning minister said.
Egypt's cabinet approves long-awaited investment law
Egypt's cabinet approved a long-awaited draft law on investment on Wednesday aimed at making deals less vulnerable to legal disputes or changes in government, and reducing stifling bureaucracy.
3.2 billion euros of Egypt-French arms deal financed by loan from Paris: Sisi
The French government loaned Egypt 3.2 billion euros to finance the recent multibillion-euro purchase of French military equipment, Egypt's president Abdel Fattah al-Sisi said in an interview on al-Ar
Somali PM appeals to U.S. banks to resume money transfer services
Somalia's prime minister urged the U.S. government and U.S. banks to support money transfer firms that offer a lifeline for many in the war-torn Horn of Africa nation.
Ethiopia bets on grand projects in drive for industrial power
Chinese workers mingle with Ethiopians putting the finishing touches to a metro line that cuts through Addis Ababa, one of a series of grand state infrastructure projects that Ethiopia hopes will help
Local vendors, not supermarkets, key to Africa food security
Traditional markets sell more than 85 percent of the food consumed in sub-Saharan Africa, and rather than replacing them with Western-style supermarkets, governments should train local vendors to impr
Madagascar needs reforms to hit 5 percent growth - IMF
Madagascar will not achieve the 5 percent growth the International Monetary Fund has projected for it this year unless it introduces reforms to boost tax revenue and improve the business climate, an I
Most governments conceal data despite G20 pledges, study says
Myanmar, Haiti and Mali were ranked the least open and transparent countries in a global index of government data released on Tuesday, which found that most governments do not make official data openl
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