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African Business

MTN said to be weighing up $500m share sale in Ghana

Picture: REUTERS

Insiders say that MTN is approaching wealthy Ghanaians to buy about $500m worth of shares in its business there in a private placing

African News

Bongo calls for unity government as he is sworn back in as Gabon’s president

Ali Bongo Ondimba. Picture: REUTERS/EMMA FARGE

Gabon’s per-capita national income is four times greater than that of most sub-Saharan countries

African Business

AfDB seeks investors for $7.6bn Tanzanian railway line

FUTURE ON THE LINE: Domestic politics has led countries like Guinea to  make costly choices in the development of its rail infrastructure.

The planned standard gauge 2,200km railway line will link Tanzania’s port in Dar es Salaam with neighbouring landlocked countries

Telecoms & Technology

MTN hit by new Nigerian charge

A man enters a customer’s mobile cellphone sim card details on an MTN Group Ltd. registration machine at a roadside kiosk in Lagos last week.   Picture: BLOOMBERG/GEORGE OSODI

Politician alleges Africa’s biggest wireless carrier repatriated about $14bn illegally

Opinion

How the DBSA can help build a new Africa

Grader at work in Bronkhorstspruit. Picture: SUPPLIED

Infrastructure development is the linchpin in modernising the continent’s economy — and funding of about $90bn a year is needed, writes Patrick Dlamini

African Business

AfDB seeks investors for $7.6bn Tanzanian railway line

FUTURE ON THE LINE: Domestic politics has led countries like Guinea to  make costly choices in the development of its rail infrastructure.

The planned standard gauge 2,200km railway line will link Tanzania’s port in Dar es Salaam with neighbouring landlocked countries

African News

Malian jihadist jailed for nine years for Timbuktu attacks

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

Ahmad al-Faqi al-Mahdi was known as a ruthless enforcer for jihadist group Ansar Dine when it took over the fabled Malian city and destroyed heritage sites

African News

Botswana learns diamonds are not forever

SHINING ON: The cornerstone of Botswana’s economic success has been one commodity, diamonds. But diamond mining will not provide economic growth in the long term. Picture: ROBERT TSHABALALA

As the country celebrates 50 years of independence, education and jobs top agenda, writes Ed Cropley

African Business

How a recession is rudely interrupting the Africa Rising story

Africa continent. Picture: THINKSTOCK

The much-hyped African middle class fuelled the ‘Africa rising’ narrative when commodities prices were high’ but now oil prices are lower and the naira is weaker

Nigerian President Muhammadu Buhari, left,  and Chinese President Xi Jinping shake hands during a signing ceremony at the Great Hall of the People in Beijing, China, on Tuesday. Picture: REUTERS/KENZABURO FUKUHARA

WATCH: Exploring the relationship between Africa and China

Africa Inc explores the trade relationship between Africa and China and the impact that China’s slowing economy has had on the continent

African News

Poaching lays waste to Africa’s elephants

A herd of elephants in Hwange National Park, Zimbabwe. Picture: REUTERS/PHILIMON BULAWAYO

A report showing the worst drop in 25 years comes amid disagreement over the best way to improve the plight of the continent’s iconic species

African News

Boko Haram leader posts video claiming good health

The purported leader of Nigerian Islamist militant group Boko Haram Abubakar Shekau appears on a video released in a social media post on Sunday. Picture: REUTERS

The Nigerian army said on August 23 that the militant chief had been seriously wounded in an air strike

African News

Ali Bongo is sworn in after court validates his wafer-thin election victory

Ali Bongo Ondimba. Picture: REUTERS/EMMA FARGE

Gabonese president promises to respect and defend the constitution after controversial court ruling allows him to take his family’s reign into a fifth decade

African Business

Nigeria hunts down 700,000 firms in tax crackdown to offset oil slump

Port Harcourt refinery in Nigeria. Picture: AFP

Militant attacks on the OPEC member’s Niger Delta region have cut crude production, which provides 70% of government revenues, by around a third

Opinion

Africa amid a raging world

A police robot retrieves an unexploded pressure cooker bomb in New York at the weekend in one of the latest terror incidents that have multiplied across the world. Picture: REUTERS/LUCIEN HARRIOT

The continent can watch from cheap balcony seat — or it can grow

Picture: ISTOCK

Burkina Faso abandons genetically modified cotton as sales drop

Africa’s top cotton grower returns to conventional seeds after Monsanto’s product hurts its reputation and cuts revenue

African Business

Chinese group chosen to design $2.1bn power plant in Zimbabwe

Picture: THINKSTOCK

RioZim is lobbying Eskom to buy from the facility to help attract investors

Trade & Industry

Trade and industry department to lead business mission to Nigeria

Minister of Trade and Industry Rob Davies. Picture: DoC

Trade and Industry minister Rob Davies says the aim of the mission is to better position South African business for opportunities that are of benefit to both countries

African News

Life resumes in Kinshasa after army subdues Kabila protests

FLARE-UP Police launch flares during a demonstration on Monday in Goma, in the Democratic Republic of the Congo. Picture: AFP PHOTO

Pockets of antigovernment protesters gather in spots across Kinshasa, defying a heavy military presence

Opinion & Analysis

Do Rwandese deserve SA’s blanket ban on travel visas due to diplomatic tension?

Despite the cause of tension between Rwanda and SA, mature states respond in ways that protect national interests, writes Neil Cole

Healthcare

Private equity firms capitalise on demand for healthcare in Africa

Picture: SUNDAY TIMES

Health-care spending in Africa expected to grow about three times faster than in developed markets because of rising income levels and rural people moving into cities

African News

INTERVIEW: Time for Mugabe to go, says Botswana President Khama

Botswana's President Ian Khama takes the oath of office during a ceremony as he is sworn in for his second term in Gaborone on Tuesday. Picture: AFP

The political and economic implosion of Zimbabwe under President Robert Mugabe is dragging down the whole of southern Africa, says Botswana President Ian Khama

African News

Botswana’s Ian Khama has homophobic pastor arrested

Screen grab of Steven Anderson. Picture: YOUTUBE

Botswana President Ian Khama says he ordered US pastor Steven Anderson’s arrest after he told a local radio station that gays and lesbians should be killed

African News

Botswana breaks ranks with neighbours on ivory trade ahead of UN meeting

A herd of elephants in Hwange National Park, Zimbabwe. Picture: REUTERS/PHILIMON BULAWAYO

President Ian Khama will be joining Kenya and other African nations seeking to snuff the trade out completely

African News

Death toll rises to 17 in DRC clashes

Congolese opposition supporters march in the DRC's capital, Kinshasa, on Monday.  Picture: REUTERS

Police and opposition demonstrators killed in clashes ahead of a protest rally in Kinshasa over President Joseph Kabila’s apparent bid to stay in power

African News

Fury in DRC against Kabila's apparent move to extend his term in office

Congolese opposition supporters march in the DRC's capital, Kinshasa, on Monday.  Picture: REUTERS

The police and army clash with opposition supporters in Kinshasa, leaving eight dead including three policemen

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