JOHANNESBURG (Reuters) – Africa-focused e-commerce retailer Jumia Technologies will close its South African online fashion retailer Zando and its Tunisian…

(Bloomberg) — Bailouts for cash strapped South Africa’s state companies have cost taxpayers 456.5 billion rand (about $25.9 billion) over…

(Bloomberg) — South Africa’s state-owned power utility said it had to ask for 36% increase in prices because of the…

Johannesburg, South Africa, October 14, 2024 – Federal Express Corporation, one of the world’s largest express transportation companies, has launched…

GLOBAL MARKETS Asian stocks swung between gain and loss on Monday as investors struggled to reach a consensus view on…

JOHANNESBURG (Reuters) – South Africa’s former finance and labour minister and first Black central bank governor Tito Mboweni has died…

(Bloomberg) — A multibillion-dollar plan to expand South Africa’s electricity transmission network may throw a lifeline to the country’s corporate…

SOUTH AFRICAN MARKETS South Africa’s rand softened on Wednesday, ahead of the closely watched minutes from the Federal Reserve’s September…

GLOBAL MARKETS Chinese shares slumped and commodities were struggling to find a footing on Wednesday as investors tempered expectations for…

GLOBAL MARKETS Mainland Chinese stocks returned from an extended break with a roaring start on Tuesday, scaling multi-year highs as investor exuberance…