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Thursday, May 25, 2017


Investors want ANC to explain “radical economic transformation” – S.A.’s Gigaba

South African investors want the ruling African National Congress to explain in detail what the "radical economic transformation" it has pledged in recent speeches...

Kenya sells bond over mobile phones in world first

Kenya began selling a government bond exclusively via mobile phones on Thursday, a world first aimed at expanding the pool of investors in...

Kenya signs $800m syndicated loans to plug budget deficit

The Kenyan government is to raise $800 million syndicated loans from four international institutions to boost foreign-currency reserves and plug a widening budget deficit. The...

Oil firms on record OPEC output cut compliance

Crude oil edged higher on Tuesday, underpinned by high compliance with OPEC's production cuts even as the market remains anchored by rising U.S. production. The...

Shell admits negotiating Nigeria’s Oil field through third party

Shell Petroleum Company has admitted for the first time that it used a third party to  negotiate access to a vast oil field in...

S.A’s Zuma recalls Gordhan from international roadshow, rand falls

South African President Jacob Zuma has instructed Finance Minister Pravin Gordhan to return immediately from an investor roadshow to Britain and the United States,...

Theresa May and the 50% nation

Theresa May’s Conservatives have achieved something remarkable. For the first time in 60 years, a British political party is receiving close to an absolute...

Tunisia will restrict some imports to tackle trade deficit – Prime...

Tunisia will restrict the import of some goods to tackle its widening trade deficit and protect foreign reserves as the local dinar currency slides...

UK leader promises M&A veto for Pensions Regulator

UK prime minister Theresa May has promised to give the country’s Pensions Regulator (TPR) the power to veto mergers or acquisitions if they threaten...

Zimbabwe’s economy not fragile – President Mugabe

Zimbabwe's 93-year-old president, Robert Mugabe, sat slumped in his chair, wringing his hands, as he told a panel discussion on Thursday in a low...
Lagos, NG
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