Africa

Angola votes for first new leader in 38 years amid economic crisis

Angolans headed to the polls Wednesday in a parliamentary election expected to usher in the ruling party's defence minister as…

Mozambique to set up independent fund to invest mineral sales income

Mozambique's government plans to set up a sovereign investment fund where taxes paid on sales of the country's minerals will…

South Africa’s Zuma signs financial regulation act into law

Jacob Zuma,South African President, Monday signed into law the Financial Sector Regulation Act, know as "Twin Peaks", which will establish…

Kenyan shilling strengthens against the dollar

The Kenyan shilling gained against the dollar Monday challenged by the outcome of petitions to the country’s re-election of Kenyatta…

Tunisia’s interim finance minister quits over conflict of interests

Fadhel Abdelkefi, Tunisia’s Interim Finance Minister told local media Friday that he was resigning from the government over a conflict…

South Africa’s retail sales up 2.9% year-on-year in June

South African retail sales rose by 2.9 percent year-on-year in June, above market expectations, after increasing by a revised 1.6…