South Africa
Update-South Africa enters recession as economy shrinks 0.7% in Q1 2017
South Africa’s economy contracted in the first quarter of 2017, pushing the continent’s second largest economy into its first recession…
Nigeria’s Taleveras, ExxonMobil, UK’s Ophir in Equatorial Guinea oil block wins
Nigeria’s rising and diversifying oil trading company, Taleveras, along with international oil company, ExxonMobil and United Kingdom based Ophir, were…
South Africa’s economy faces another recession in eight years
South Africa’s economy has moved into another recession in eight years, Bloomberg reports. This is the second time the country's…
Paris climate deal: What does the US pullout mean for Africa?
President Trump's controversial decision isn't all bad news for the African continent, as many countries seek to be self-reliant in…
Scandal after scandal, but South Africa just can’t get rid of its errant president
On Monday morning (May 29), president Jacob Zuma addressed another political meeting. His voice calm, his signature giggle cropping up…
South Africa avoids a second Fitch cut as rating affirmed
South Africa avoided a second downgrade in two months from Fitch Ratings Ltd. as the company left its assessment of…
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