African leaders are set to elect the next chairperson of the African Union Commission during their meeting in Kigali, Rwanda from July 10 to 18.
- Tuesday, 28 June 2016 08:00
- TJ Strydom
Africa's largest provider of pay-television services Naspers has kept prices on the continent unchanged to halt a decline in subscriber numbers, its chief executive said on Monday.
- Friday, 24 June 2016 13:41
- Mark Anderson, Charlie Hamilton and Nicholas Norbrook
African currencies, markets and political unions are readying themselves for turmoil after Britain's vote to leave the European Union (EU) sent shockwaves through global financial markets and cast doubts on one of the most ambitious political projects in modern history.
- Friday, 24 June 2016 10:24
Gold soared as much as 8 percent to its highest in more than two years on Friday after Britain delivered a shock vote to leave the European Union, leaving investors to scurry for protection in the precious metal and other assets perceived as less risky.
- Thursday, 23 June 2016 15:42
- Mark Anderson
As British voters go to the polls in a historic referendum on the United Kingdom's membership in the European Union, many in Africa will be watching the results closely. A vote to leave the EU, dubbed 'Brexit', could trigger a recession that would hit African economies, many of which are already suffering from the commodity price slowdown.