South African mobile phone operator MTN Group expects to report a full-year loss due to a $1bn regulatory fine in Nigeria and underperformance there and at home, it said on Wednesday, sending its shares to a two-month low.
- Wednesday, 08 February 2017 11:36
- Monday, 06 February 2017 17:07
Botswana's economy will grow by nearly double in 2017 compared to the previous year as Africa's largest exporter of diamonds shakes off a slump in global commodity prices and electricity shortages.
- Monday, 06 February 2017 15:43
South Africa will publish its revised mining charter by next month, a minister said on Monday, bringing closer legislation meant to redress racial economic inequality but which has concerned companies struggling with lower commodity prices.
- Friday, 03 February 2017 11:04
South Africa's Kumba Iron Ore, a unit of Anglo American, will pay $186m to settle a tax dispute with local authorities, the company said on Friday, sending its share price over 7% lower.
- Tuesday, 31 January 2017 16:43
South Africa recorded a larger-than-expected surplus in December, largely due to a sharp fall in imports as the continent's most industrialised country continued to see subdued consumer and business confidence.
- Monday, 23 January 2017 09:47
Anheuser-Busch InBev, the world's largest brewer, has offered more than 1,000 employees in South Africa voluntary severance following its merger with SABMiller, the Business Day newspaper reported on Monday, citing an internal memo.