Algeria

Algeria energy firm to invest $40bn in five years, says CEO

Algiers – Algeria’s state-owned hydrocarbon firm Sonatrach will invest $40 billion into oil exploration, production and refinement as well as... Read more

4 Jan, 2022

Business

Good news for SA motorists as fuel prices set to drop on Wednesday

Cape Town – South African motorists have received some bit of good news early in the new year, with... Read more

4 Jan, 2022

Algeria

Algeria court reduces sentence of ex-boss of state guest house

Algiers – The former boss of an Algerian state firm that runs a luxury residence for government officials and who... Read more

3 Jan, 2022

Business

Record cargo shipped through Egypt’s Suez Canal last year

Cairo – Egypt’s Suez Canal Authority said the key waterway netted record revenues last year, despite the coronavirus pandemic... Read more

3 Jan, 2022

Business

US removes Ethiopia, Mali and Guinea from trade pact

Washington – President Joe Biden’s administration announced on Saturday that it had excluded Ethiopia, Mali and Guinea from a US-Africa... Read more

2 Jan, 2022

Business

Nigeria president Muhammadu Buhari approves record budget for 2022

Abuja – Nigerian President Muhammadu Buhari on Friday signed off on his government’s 2022 budget of a record 17 trillion... Read more

1 Jan, 2022

Business

Malawi lands minister arrested on corruption charges

Lilongwe – Malawi’s land minister on Thursday was arrested on suspicion of taking bribes from a businessman to influence a... Read more

31 Dec, 2021

Business

Cash-strapped Tunisia to borrow $7bn more in 2022

Tunis – Debt-ridden Tunisia unveiled a 2022 budget on Tuesday that will see it borrow almost $7 billion more, as... Read more

29 Dec, 2021

Business

End curfew before New Year’s Eve, DA’s Steenhuisen tells Cyril Ramaphosa

Cape Town – Democratic Alliance leader John Steenhuisen has reportedly called on President Cyril Ramaphosa to end the curfew... Read more

28 Dec, 2021

Business

US retail sales up 8.5% this holiday season

Washington – US consumers were in the mood to spend this holiday season, with retail sales soaring 8.5% over last... Read more

27 Dec, 2021