Business & Technology

South Africa’s domestic new vehicle sales are on track to exceed pre-pandemic levels for the first time in five years, driven by consumer demand for affordable cars.

French nuclear group Orano has said 1,500 metric tonnes of uranium are stockpiled at its expropriated SOMAIR mine in northern Niger.

The workers at the privately-owned Dangote Oil Refinery, Africa’s largest, were fired last Thursday for unionising, according to the national oil workers’ union.

The Mogadishu Port is the primary gateway for nearly all of Somalia’s import needs, from essential food supplies to the construction materials.

Botswana is the world’s leading producer of diamonds by value and its economy largely depends on diamond exports.

Nigeria’s central bank has announced its first rate cut since 2020 from 27.5 to 27%, on the back of easing inflation.

Nigeria’s economy expanded 4.23% year on year in the second quarter, its quickest pace in about four years.

The rapid growth of artificial intelligence will lead to far-reaching socio-economic upheavals. And the first wave has already hit humanity.

Delegations from Kenya and other AGOA beneficiaries visited Washington to push for extension of a duty-free programme due to expire at the end of September.

South Africa has long had challenges with water distribution, mainly due to old or damaged infrastructure.