15h58 South Africa's state utility Eskom will make more power cuts this week as it struggles with capacity shortages that threaten to stymie President Cyril Ramaphosa's efforts to boost investments and economic growth.
16h31 Former Steinhoff chairman and top shareholder Christo Wiese said on Monday he is open to negotiations over a $4 billion claim against the South African retailer, days after it revealed the scale of a devastating accounting fraud.
12/03 South African builder Group Five filed for bankruptcy protection on Tuesday after lenders pulled funding, threatening the collapse of one of the biggest names in the local construction industry and more than 8,000 jobs.
14/03 South Africa's state utility Eskom stepped up power cuts on Thursday after a breakdown at its mammoth Kusile power plant project exacerbated a shortfall of generating capacity, reminding investors of the risks to economic growth.
15h58 South Africa's state utility Eskom will make more power cuts this week as it struggles with capacity shortages that threaten to stymie President Cyril Ramaphosa's efforts to boost investments and economic. . .
09h45 The following results are the company's maiden final results rendering them incomparable. Revenue for the year came in at GBP162.6 million whilst operating loss was GBP31.6 million. Loss for the year. . .
16h56 Tanzania has ordered all
mineral-producing regions in the East African nation to set up
government-controlled trading centres by the end of June,
accelerating efforts to curb illegal exports of gold and other
precious minerals.. . .
probing the Boeing 737 MAX crash in Ethiopia have found
similarities in vital flight angle data with an aeroplane that
came down off Indonesia, a source said, hiking pressure on the
world's biggest planemaker.
17h57 A protester and
a policeman died in clashes outside Vedanta Ltd's
eastern Indian alumina refinery, a police official said on
Monday, less than a year after police killed 13 anti-Vedanta
protesters in south India.
17h48 Algeria's army should take
responsibility for finding a quick solution to its political
crisis, its chief of staff said on Monday, in the most overt
signal of potential military intervention since mass
demonstrations erupted three. . .
17h26 The S&P 500 and Nasdaq on Monday
extended last week's gains, lifted by technology and financial
stocks, as investors waited for the Federal Reserve's policy
meeting later this week for further clues on the. . .
16h19 It is meant to be one of the
world's most elegant streets: more than a kilometre of
boutiques, restaurants, sidewalk cafes and fashion outlets vying
for tourists' attention. But on Monday, the Champs Elysees
looked. . .
17h06 Jet Airways'
Chairman Naresh Goyal told the airline's pilots on Monday he
needed "a further short time" to finalise a rescue deal for the
cash-strapped Indian carrier as the process is complex.. . .
15h55 Saudi Arabia's benchmark stock index
closed at its highest in nearly four years on Monday as bank
shares rose on its first day as a member of FTSE Russell's
emerging-market index, which is expected. . .
17h06 Currencies in Latin America rose on
Monday as the dollar slipped on prospects of the U.S. Federal
Reserve sticking to an accommodative stance at its policy
meeting this week, while stocks in Brazil tested. . .
16h02 The U.S. dollar slipped
against the euro and was sluggish against most major currencies
on Monday, as caution about the American economy and
expectations for an accommodative Federal Reserve kept the
greenback subdued.. . .
15h30 The Canadian dollar was little
changed against its U.S. counterpart on Monday, trading in a
narrow range ahead of Tuesday's federal budget as oil prices
rose and investors bet that the U.S. Federal Reserve. . .
10h22 Algeria's newly-appointed
Deputy Prime Minister Ramtane Lamamra is expected to visit
several countries including Russia, China, and some EU nations
to explain the crisis in Algeria, a foreign ministry official
said.. . .
15/03 Zimbabwe's inflation rose to a new ten-year high of 59.39 percent year-on-year in February from 56.9 percent in January, pushed by increases in the price of basic goods, the statistics agency. . .
15/03 Kenyan banks' share prices
rose on the Nairobi Securities Exchange on Friday, a day after a
court ruling declared interest rate caps unconstitutional and
gave parliament 12 months to review them, traders said.. . .
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