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LATEST Africa  

Mozambique heads for default after missing loan repayment deadline

The government failed to honour a sovereign guarantee behind a $535m loan taken out by a state-run company.

Kabila’s cling to power devastating for investment in the DRC

It is unlikely elections will go ahead later this year.

Mauritius to woo SA investors at home

Board of Investment to open full-service Johannesburg office.

Zambia’s chamber of mines defends new price-based mineral tax

The amended mines bill proposes to reduce copper royalties to a variable tax of 4 to 6%

Zimbabwe halves 2016 growth forecast to 1.4%

Drought and weak commodity prices are to blame.

IFRC promises $110m for drought relief in Southern Africa

An estimated 31.6 million people across the region are struggling to feed themselves. organisation says.

Nigerians brace for more fuel queues

Fleet of tankers grows offshore due to lack of dollars.

Africa’s infrastructure revolution

Old Mutual Alternative Investments’ African Infrastructure Investment Managers buyout is a vote of confidence for future infrastructure investment on the continent.

US, EU, Canada officials walk out of Ugandan leader’s inauguration

After the veteran president mocked the International Criminal Court.

Zimbabweans wary of return of unloved currency as cash shortage bites

Analyst says the country is on the brink of a currency crisis.

Is it time to re-look at investing in the rest of Africa?

The continent may be stirring again.

Zimbabwe backtracks from converting export earnings to euro, rand

As the country aims to ease an acute shortage of dollars.

Shell workers evacuated from Nigerian oil field

After threat as the vice president meets oil majors to discuss a surge in violence.

African countries deeply divided over ivory trade before UN meeting

Namibia and Zimbabwe want to open up ivory trade.

Zimbabwe suspends tax chief, managers after improper car imports

After the purchase of luxury cars which were undervalued by a local dealer in order to pay lower import duty.

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