DR Congo elections: Opposition strike cripples Kinshasa

DR Congo elections: Opposition strike cripples Kinshasa

Image caption The capital is a stronghold of the opposition A strike called by the opposition to force the Democratic Republic of Congo’s President Joseph Kabila to step down at the end of his term has crippled businesses in the capital. Shops in Kinshasa were closed and streets were mostly empty, says the BBC’s Poly […]

South Africa rand falls on Pravin Gordhan arrest rumour – BBC News

South Africa rand falls on Pravin Gordhan arrest rumour – BBC News

Image copyright AFP South Africa’s currency, the rand, has fallen following speculation that the country’s finance minister could be arrested imminently. The Treasury confirmed that Pravin Gordhan was taking legal advice having been contacted by the elite police unit, the Hawks. The rand fell more than 1% against the US dollar on Wednesday morning. Domestic […]

Singapore-Africa trade relations set to deepen with new agreements – Channel NewsAsia

SINGAPORE: Trade relations between Singapore and Africa are set to deepen, with several agreements signed on Wednesday (Aug 24) at the fourth edition of the Africa Singapore Business Forum. These include the signing of the Avoidance of Double Taxation (DTA) with Ethiopia, a bilateral investment treaty (BIT) with Mozambique and an Air Services Agreement (ASA) […]

Will closer ties to China rescue South Africa’s government? – CNBC

China is South Africa’s largest single trading partner, according to the World Trade Organisation. The ANC’s 2015 discussion documents say that bilateral “trade volumes … have far surpassed the value of USD $400 billion [in that year],” and the party is keen to grow this figure. Alison Bradley, a South African China specialist, told CNBC […]

Africa, Europe push Imperial turnover to almost R119bn – BDlive

IMPERIAL Holdings saw record revenue and operating profit in the year to June, but net profit and headline earnings per share fell 5% and 3%, respectively. Difficult trading conditions in SA put pressure on the logistics division’s revenue and profitability, with soft volumes in manufacturing, commodities, fuel, and chemicals. The share dropped more than 4% […]

CNN is going after Africa’s young, mobile audience — starting with Nigeria – Digiday

CNN is going after Africa’s young, mobile audience — starting with Nigeria – Digiday

Busari (Credit: Twitter / CNN Africa) Nigeria is not only one of Africa’s most populous countries, but it also has one of the youngest populations on the continent. That’s why CNN International is focusing its efforts there, setting up its first digital bureau in Nigeria’s largest city, Lagos. Leading the operation is Nigerian native Stephanie Busari, who was hired […]

Africa and Rio 2016: 10 things to remember – BBC News

Africa and Rio 2016: 10 things to remember – BBC News

Image copyright AFP Image caption Cheick Sallah Cisse won Ivory Coast’s first-ever gold and Caster Semenya defied her critics It’s been a memorable Olympics for Africa. Here are 10 things we won’t forget: 1. Show stoppers Wayde van Niekerk achieved the near-impossible by sharing centre stage with Usain Bolt, often portrayed as the saviour of […]

Tropical depression off Africa expected to become hurricane – Sun Sentinel

A tropical depression off the African coast is expected to strengthen into a hurricane by Wednesday, when it will still be in the middle of the Atlantic. The threat to land is unclear, although the range of possible paths appear pointed north of Florida in the general direction of Bermuda. The depression, which has sustained […]