Markets: Latest News
Dana Sanchez, 3:44 pm
Some doing business in Zambia worry that new regulations governing banking and investment could hurt investors and the Zambian economy as a whole.
Dana Sanchez, 1:33 pm
A two-day strike at South Africa’s platinum mines over looming job cuts ended Wednesday, with mine workers returning to work. Violence among mine workers erupted last year, complicated by a turf war between rival unions. Miners face job cuts.
Dana Sanchez, 9:52 pm
The value of the rand was dragged down against the dollar to a three week low Wednesday as striking mine workers halted production at the world’s third-largest platinum mining company.
Dana Sanchez, 7:38 pm
Very few seed investors in Silicon Valley will put money into markets in Africa but Ghana-based Dropifi beat the odds.
Dana Sanchez, 5:31 pm
Following March’s peaceful general elections in Kenya, tourism officials there are asking their African counterparts to sell Kenyan tourism as “safe.”
Dana Sanchez, 4:12 pm
South Africa plans to to open new tourism offices in Africa, increase marketing around the world and calls for greater co-operation with other African tourism interests to strengthen travel by Africans in Africa.
Makula Dunbar, 4:00 pm
Ghana’s primary stock market lacks participation from larger companies that could ultimately lead to business and economic growth for the country
Dana Sanchez, 2:50 pm
Dominant in the Middle East, Dubai-based TV broadcaster OSN hopes to build subscribers in North Africa and is in talks to acquire rights to air French channels from Morocco to Libya.
Makula Dunbar, 2:47 pm
South Sudan works to regain economic power after claiming independence. Despite over-reliance on oil, new government policies and action may encourage economic strength
Dana Sanchez, 1:52 pm
As a growing middle class and its spending power hasten urbanization in Africa, urban retailers increasingly need efficient distribution facilities or warehouses to store their merchandise.
The growing middle class and its spending power are hastening urbanization in Africa, and retailers need places to store their merchandise
- Real Estate