Africa
SAA Administrators will not Sell Assets Without Invo...
Administrators at state-owned South African Airways (SAA) will not sell assets for an interim period without involving the government, a memorandum signed by one of the administrators and the public enterprise...
May 14, 2020
8:47 am By Neha Mule
South Africa’s Auto Industry Ambitions Threatened ...
The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth...
May 6, 2020
9:27 am By Neha Mule
Launch of African Free Trade Agreement Postponed Due...
The implementation of a mammoth African free trade agreement will not begin on July 1 as planned due to disruptions caused by the coronavirus outbreak, a senior official said on Tuesday.
“It is obviou...
April 29, 2020
10:00 am By Neha Mule
South Africa’s Rand Weakens as Virus Dents Risk Ap...
South Africa’s rand weakened early on Friday as concerns over the economic damage cause by the COVID-19 pandemic knocked risk appetite, outweighing news that Africa’s most advanced nation will allow a part...
April 24, 2020
10:48 am By Neha Mule
Kenya’s Speciality Coffee Growers Hit as Lockdowns...
Like many speciality coffee growers, Kenyan exporter Jackson Kanampiu has been hard hit by the coronavirus crisis as consumers are barred from the coffee shops that serve niche brews and opt for shop-bought of...
April 9, 2020
12:34 pm By Neha Mule
Coronavirus Impact: South Africa’s Sasol Cuts Prod...
South African petrochemicals giant Sasol Ltd on Wednesday cut its guidance for synthetic fuel production and liquid fuel sales for this financial year due to a three-week nationwide lockdown linked to coronavi...
April 8, 2020
1:01 pm By Neha Mule
African Governments Team up with Tech Giants to Cont...
Governments across Africa are teaming up with technology giants including Facebook and WhatsApp to fight misinformation about coronavirus on social media platforms that could propel the pandemic on a continent...
April 2, 2020
2:04 pm By Neha Mule