South African power utility Eskom cut electricity for a fourth straight day on Wednesday, as the department of public enterprises warned the struggling state-owned firm needed...
Investors made a U-turn on emerging markets, naming them the most crowded trade, in Bank of America Merrill Lynch’s survey for the first time in its...
Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year, according to research by...
In recent months, various debates about the South African Reserve Bank have focused broadly on three aspects – its shareholding, its mandate and its independence. The three debates...
European equities may be close to a bottom as bearish investors price in a sharp economic slowdown and a flurry of political risks such as Brexit,...
Tesla Inc’s chief financial officer will leave the company as the automaker on Wednesday promised cheaper Model 3 sedans, the launch of Chinese production this year...
Jitters over global growth and a possible pause to U.S. monetary tightening are expected to set gold prices up for gains in 2019, a Reuters poll...
Gold climbed to a seven-month high on Tuesday as markets opted for caution before three major macro events and a blizzard of big tech company earnings...
South Africa’s Naspers has taken full control of Russia’s largest classified advertising platform Avito after it spent $1.16 billion to buy the 29.1 percent it did...
As the rubbish built up on the rubble of Mogadishu’s wrecked streets, Ahmed Abdullah saw a business opportunity. He recruited a team of workers – many...
