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Business

Business, finance, and economic development

Petrobras Takes Control Of Eight Côte d’Ivoire Oil Blocks In Major African Expansion
Economy

Petrobras Takes Control Of Eight Côte d’Ivoire Oil Blocks In Major African Expansion

Petrobras' plans mark a return to the African continent after the company divested assets in the region under previous g...

By Sizwe Mlotshwa 2 days ago
South Africa Adds East London To LNG Expansion As 2028 Gas Supply Crunch Approaches
Economy

South Africa Adds East London To LNG Expansion As 2028 Gas Supply Crunch Approaches

The Transnet National Ports Authority (TNPA) has invited private operators to bid for the right to finance, build and op...

By Sizwe Mlotshwa 3 days ago
Dangote Refinery Launches Record $1.6bn IPO
Investments

Dangote Refinery Launches Record $1.6bn IPO

Aliko Dangote has launched Africa's largest-ever initial public offering, seeking to raise about $1.6 billion to fund a ...

By James A. Abi 5 days ago
BRICS Summit 2026: What Are The Key Takeaways?
Economy

BRICS Summit 2026: What Are The Key Takeaways?

Speaking at the 18th BRICS Summit, President Cyril Ramaphosa called for the establishment of an international mechanism ...

By Sizwe Mlotshwa 6 days ago
Nigeria’s Economy Accelerates as Africa’s Growth Story Gains Momentum
Economy

Nigeria’s Economy Accelerates as Africa’s Growth Story Gains Momentum

Nigeria’s economy accelerated in Q2 2026, with real GDP growth reaching 4.43% as manufacturing, agriculture and servic...

By Geoffrey Mbaabu 2 weeks ago
Volkswagen Celebrates 75th Anniversary In South Africa
Investments

Volkswagen Celebrates 75th Anniversary In South Africa

As Volkswagen Group Africa marks 75 years in South Africa, its contribution to the country's automotive industry continu...

By Sizwe Mlotshwa 3 weeks ago
Official Petrol Price Increases For September Announced
Economy

Official Petrol Price Increases For September Announced

Diesel users—particularly in the logistics, agriculture and mining sectors—will feel the brunt of the increase, with...

By Sizwe Mlotshwa 3 weeks ago
Kenya Airways Is Losing Billions. Can a New Investor Save the National Airline?
Corporate Africa

Kenya Airways Is Losing Billions. Can a New Investor Save the National Airline?

Kenya Airways has suffered a Sh15.92 billion pre-tax loss in the first half of 2026, raising fresh questions about the f...

By Rodah Muchembi 3 weeks ago
Nairobi Shuts Down: KRA’s New Import Benchmark Puts Small Traders and Consumer Prices Under Pressure
Economy

Nairobi Shuts Down: KRA’s New Import Benchmark Puts Small Traders and Consumer Prices Under Pressure

Parts of Nairobi’s Central Business District have been forced into an unusual shutdown as small traders protest a new ...

By Rodah Muchembi 3 weeks ago
R2.4 Billion Stolen From South Africans – Over R21,800 Per Person
Finance & Banking

R2.4 Billion Stolen From South Africans – Over R21,800 Per Person

SABRIC said reported that client claim amounts more than doubled from R1.09 billion in 2023 to R2.4 billion in 2025. Thi...

By Sizwe Mlotshwa 3 weeks ago
Africa’s Maize Market Is Entering a New Phase — What South Africa’s Bigger Harvest Means
Agriculture

Africa’s Maize Market Is Entering a New Phase — What South Africa’s Bigger Harvest Means

South Africa is heading toward another bumper maize harvest, raising hopes of stronger regional supplies and softer pric...

By Rodah Muchembi 3 weeks ago
A 116 Year Old Private Company Looks To Expand Onto South Africa’s Rail Systems
Economy

A 116 Year Old Private Company Looks To Expand Onto South Africa’s Rail Systems

Grindrod has seen its earnings grow with its ports and terminals leading the way, and is eyeing expansion into South Afr...

By Sizwe Mlotshwa 4 weeks ago