• Subscribe
  • Register

African News

Bongo’s fate in the balance as Gabon goes to the polls

Ali Bongo Ondimba. Picture: REUTERS/EMMA FARGE

Vote will decide whether President Ali Bongo will remain in office or be unseated by a career diplomat

Africa

Africa is steering its own destiny, Jacob Zuma says in Nairobi

President Jacob Zuma, right, talks to Senegalse counterpart Macky Sall during a break at the sixth Tokyo International Conference on African Development in Kenya's capital, Nairobi, on August 27, 2016. Picture: REUTERS

The president, in Kenya for the sixth Tokyo International Conference of African Development, says the continent has changed since TICAD was launched

African Business

Kenyan banks slide on new law capping interest on loans

Members of the Consumer Federation of Kenya protest against banks in Nairobi, Kenya, on Wednesday. Picture: EPA/DANIEL IRUNGU

Largest bank by assets, KCB Group, leads slump to head for the biggest decline in 13 years

African News

Zambians battle to survive amid economic turmoil

Supporters of Edgar Lungu, leader of the Patriotic Front party (PF), gather during a rally ahead of Thursday's presidential elections in the capital, Lusaka, Zambia, on Wednesday. Picture: REUTERS

Government is broke, mines are closing and inflation has rocketed as county seeks help, but assistance from the IMF or Chinese is frowned upon by the population

Opinion

Taming shifty Africa with creativity and strategy

Chantell Ilbury says to be successful in Africa is to be foxy — to adapt constantly and to think outside the box — whereas the environment of certainty in western countries is conducive to hedgehog thinking. Picture: SUPPLIED

Leading African creative strategic thinker Chantell Ilbury wants to know: are you a hedgehog or a fox?

Opinion

African initiative aims to step into breach for civil society

Picture: THINKSTOCK

Impunity is rife, conflicts are on the increase and states use modern technology as a tool of repression

African Business

Atlas Mara to cut jobs and costs

Picture: ISTOCK

The pan-African financial institution is struggling to get investors’ confidence as regional growth slows to a 15-year low

African News

Kenya caps banks' lending rate

Members of the Consumer Federation of Kenya protest against banks in Nairobi, Kenya, on Wednesday. Picture: EPA/DANIEL IRUNGU

Uhuru Kenyatta signs bill into law despite warnings by the central bank governor and analysts that it will damage access to credit in East Africa’s biggest economy

African Business

Investors sell banking shares as Nigeria suspends nine banks from forex deals

Nigeria Stock Exchange. Picture: REUTERS

Banking sources say Nigeria’s central bank suspended the lenders for withholding government dollars from the treasury

African News

Deaths and abductions in Boko Haram raid on village near Chibok

Women demand the rescue of the Chibok schoolgirls who were abducted by Boko Haram, in Ikeja district in Lagos, Nigeria, in April . Picture:  REUTERS/AKINTUNDE AKINLEYE

The Nigerian military, meanwhile, has said for the third time that it may have killed the Islamist insurgent group’s disputed leader, Abubakar Shekau

African News

Former Kenyan president Mwai Kibaki in hospital in Joburg

Kenya's former president Mwai Kibaki. Picture: DUDU ZITHA/SUNDAY TIMES

Kibaki was admitted to Sunninghill Hospital on Sunday after reportedly suffering a stroke at his home in Muthaiga‚ Kenya

A truck and trailer loaded with 30 tons of maize drives into a Beitbridge customs and immigration control point on the South African border with Zimbabwe. File picture: REUTERS

The night run: how Zimbabwean traders are dodging import restrictions

An enterprising night-time import courier industry is taking shape‚ creating jobs and new profits. It is dangerous work though

African News

Jihadists attack Mogadishu restaurant

A Somali policeman looks at the wreckage of a vehicle destroyed by a car bomb at the Banadir beach restaurant at Lido beach in Somalia's capital Mogadishu on Thursday. Picture: REUTERS/FEISAL OMAR

Ten people are killed in an attack by Shabaab jihadists on a beachfront restaurant in the Somali capital, dead include two gunmen

African News

DRC mines cause toxic damage

Excavators and drillers at work in an open pit copper and cobalt mine in the DRC. Mining pollution in Katanga province is an undeniable reality, according to an MP. Picture: REUTERS

Rivers are being polluted and communities falling ill owing to untreated waste from mining activities

African Business

Local rule boosts TV in Kenya

Picture: ISTOCK

The state’s look local rule helps whet the nation’s appetite for homegrown content and a chance to usurp Nollywood

African News

Zimbabwe police use teargas to disperse protest march over police action

Anti-riot police clear roads during a protest by opposition youths who were demonstrating against alleged brutality by security agents in the capital Harare, Zimbabwe, on Wednesday.    Picture: REUTERS

More than 200 youths from Movement for Democratic Change march in protest to try to force President Robert Mugabe to implement electoral reforms

African News

Zimbabwe to axe more than 8,000 state employees to cut costs

Picture: FREDDY MAVUNDA

Wages for Zimbabwe’s civil service absorb more than 80% of government revenue, and the country has missed a deadline to pay arrears of $1.8bn to lenders

African News

Kerry urges deployment of South Sudan ‘protection force’

 US Secretary of State John Kerry addresses representatives of 23 countries fighting Islamic State during a ministerial meeting on in Rome, Italy, on Tuesday. Picture: REUTERS/MAX ROSSI

Kenya has offered to provide troops for a new force, alongside Ethiopia and Rwanda, following of fresh fighting in South Sudan’s capital Juba last month

Europe

What Africa can learn from Sheffield’s investment deal with China

Picture: ISTOCK

Sheffield case shows what is possible if the negotiating partner is firm about insisting on certain conditions for any deal

African News

Malian jihadist pleads guilty to Timbuktu destruction

Ahmad al-Faqi al-Mahdi appears at the International Criminal Court in The Hague, Netherlands, on Monday.  Picture: REUTERS/PATRICK POST

The first Islamic extremist to appear before the International Criminal Court and to confess to a war crime cuts a deal with the prosecution

Opinion

Rethink needed in taking role of science to next level

Nkosazana Dlamini-Zuma.  Picture: REUTERS/ JOE PENNY

AU’s science-based vision lacks a plan for the scale and sustainability required to boost growth and development in Africa

Picture: THINKSTOCK

Drought ravages Lesotho as water is exported to SA

Lesotho is suffering through its worst drought in 35 years

African News

Zambia’s Lungu faces battle to restore economic growth

Edgar Lungu. Picture: REUTERS

Zambia’s economic problems are compounded by poor access to basic services, with electricity cuts still lasting up to four hours a day

World

How artificial intelligence throws light on poverty

Picture: ISTOCK

A worldwide poverty map using new AI techniques aims to provide more accurate data in the war against poverty, writes Umberto Bacchi

African News

Zambia’s opposition challenges vote loss at Constitutional Court

Supporters of Edgar Lungu, leader of the Patriotic Front party (PF), gather during a rally ahead of Thursday's presidential elections in the capital, Lusaka, Zambia, on Wednesday. Picture: REUTERS

Hichilema accused Lungu’s ruling Patriotic Front of colluding with the commission to manipulate the results

African News

Zimbabwe ‘ripe for a power grab’ as protests spread

Picture: REUTERS/SIPHIWE SIBEKO

Opposition party leaders are getting together to form a coalition to challenge President Robert Mugabe, who has ruled Zimbabwe for 36 years

African News

Al-Shabaab claims twin suicide bombs in Puntland

A vehicle burns at the scene of a suicide bomb attack outside Nasahablood hotel in Somalia's capital, Mogadishu, in July. Picture: REUTERS/FEISAL OMAR

More than 20 people die in northern Somalia in attacks by al-Shabaab militia dislodged by African Union forces

African News

South Sudan’s Machar flees to Kinshasa

Riek Machar. Picture: REUTERS/THOMAS MUKOYA

Peace prospects come under threat as former rebel and vice-president Riek Machar’s surfaces en route to regional power broker Ethiopia

African News

Angola’s ruling party set to re-elect Dos Santos as leader

President José Eduardo dos Santos has reassured investors over his plans to step down. Picture: REUTERS

Dos Santos says the party must continue working to maintain the trust of the people of Angola

African News

New development fund is on recruitment drive

Picture: ISTOCK

Development-finance venture, with more than $660m in assets across sub-Saharan Africa, plans to hire as many as 20 people to manage its investments

African News

Former Mugabe ally Joice Mujuru joins Morgan Tsvangirai

Zimbabwean Vice-President Joice Mujuru.  Picture: SUNDAY TIMES

The joint appearance of the two leaders is the first indication that Zimbabwe’s opposition may unite before elections

African News

Zambian police arrest scores of opposition protesters after poll

Picture: THINKSTOCK

President Edgar Lungu narrowly beat main opponent Hakainde Hichilema in a vote the opposition says was rigged

Standard Bank

  • All Share : 53506.62
    Change: 0.04%
    Top 40 : 46806.74
    Change: 0.10%
    Financial 15 : 14966.44
    Change: 0.21%
    Industrial 25 : 71453.73
    Change: -0.22%
    Resource 10 : 32665.75
    Change: 0.99%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • FTSE 100 : 6838.05
    Change: 0.31%
    Dow Jones Industrial : 18395.4
    Change: -0.29%
    All Share : 53506.62
    Change: 0.04%
    ASX All Ordinaries : 0
    Change: 0.00%
    S&P 500 index : 2169.04
    Change: -0.16%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • ZAR/USD : 14.3792
    Change: 0.37%
    ZAR/GBP : 18.8061
    Change: -0.13%
    ZAR/EUR : 16.0936
    Change: 0.08%
    ZAR/JPY : 0.14
    Change: -0.43%
    ZAR/AUD : 10.846
    Change: 0.33%
    All data is delayed by 15 min
    Data supplied by Profile Data
  • Gold US$/oz : 1317.4
    Change: -0.23%
    Platinum US$/oz : 1072
    Change: 0.00%
    Silver US$/oz : 18.49
    Change: -0.86%
    Palladium US$/oz : 684
    Change: -0.29%
    Brent Crude : 49.29
    Change: -1.26%
    All data is delayed by 15 min
    Data supplied by Profile Data