Former South African president Jacob Zuma may challenge a prosecutor’s decision to reinstate corruption charges over a $2.5 billion arms deal, news broadcaster eNCA said on Saturday.
Five suspended senior executives of Tanzania's national oil company were on Friday charged with corruption offences over alleged irregularities in the award of a survey contract to a U.S. firm.
Four trade organs in Mauritius have merged to form the Economic Development Board (EDB), an economic development council that will both promote foreign direct investment, boost exports and facilitate
The Sudanese pound has weakened against the dollar in recent months on the black market amid a shortage of hard foreign currency, in turn forcing the central bank to devalue the pound twice this year.
Miners of the two metals used in batteries, would have paid a royalty of 3.5 percent under the new code if they had not been designated as strategic
Sudan will sign a 'roadmap' with Russia to build nuclear power stations during a visit to Moscow by Khartoum’s electricity minister, state news agency SUNA said on Monday.
A spike in non-performing loans over the past two years has hit local bank profits and choked off new lending to the private sector, undermining economic growth in the country.
Sierra Leone’s general election has drawn mixed reaction from the business community. Some are optimistic that the new system that will be voted in by the majority will address some of the issues th
Madagascar is the 155th most corrupt country in the world, out of 180, well, according to Transparency International's latest ranking.
The retail price of petrol and the wholesale price of diesel in South Africa will fall on Wednesday after the rand strengthened, the energy department said on Friday.
It is the only country on the African continent to have benefited from 90 per cent of Indian direct investment flows to Africa alone between 2008 and 2016.
Transparency International’s 2017 Corruption Perceptions Index shows soaring corruption burden in more than two-thirds of countries. Analysis of results puts South Sudan and Somalia with highest bur
An Egyptian company will buy $15 billion of Israeli natural gas in two 10-year agreements.