Category: Africa Business Report
SA court rescinds TotalEnergies oil exploration permit
CNBC AFRICA
A South African court has rescinded an environmental authorisation granted to TotalEnergies and its joint venture partner Shell to exp [...]
South Africa brews cocktail of measures to deal with punitive Trump tariffs
STAFF WRITER
THE South African government says it is following a raft of measures to find a lasting solution to the 30% tariffs imposed on that co [...]
Zimbabwe’s Kuvimba revises platinum mine plan as prices rebound
Mining Weekly
Zimbabwe's Kuvimba Mining House will develop its Darwendale platinum project as an open pit rather than the previously planned underg [...]
Zimbabwe liquidates four failed banks
STAFF WRITER
Four banks that collapsed between 2004 and 2008 have been officially liquidated, marking a significant milestone in Zimbabwe's financi [...]
Zambia on course for strong economic growth
Adekunle Agbetiloye
Zambia’s economy is on track to grow by at least 6% this year, marking its strongest expansion since 2021, according to Finance [...]
IMF wants Zimbabwe to adopt ZiG as sole legal tender
Adekunle Agbetiloye
The International Monetary Fund (IMF) has expressed support for Zimbabwe's ZiG currency, stating it would like to see it “fully [...]
Botswana to cut diamond production by 16 percent, cites market challenges
Botswana has announced a 16% cut in its diamond production for 2025, a significant decision reflecting the country’s response to ongoing challenges in [...]
Top 10 African countries with the largest general govt debt
Chinedu Okafor
As African governments pursue ambitious development goals ranging from infrastructure renovations to expanded healthcare and educati [...]
The UK hands over its last African colony to Mauritius in a N$80 billion deal
CHINEDU OKAFOR
The United Kingdom has finally decided to relinquish its hold on its last standing African colony, the Chagos Islands, situated in t [...]
Namibia congratulates Mauritania for taking over at African Development Bank
STAFF WRITER
PRESIDENT Netumbo Nandi-Ndaitwah has congratulated Dr. Sidi Ould Tah of Mauritania on his election as the president of the Africa Deve [...]