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Financial Bailout Delays at SAA Choke Tourism and Regional Trade

Johannesburg – Decades of mismanagement and delays in injecting fresh capital to South African Airways (SAA) threaten to obstruct regional trade, ENN reports.  The cash-strapped airline...

European Stocks Drop as ECB Hikes Rates

Europe's main stock exchanges retreated on Thursday and the euro currency surged against the U.S. dollar after the European Central Bank (ECB) announced it...

African Development Bank and Ethiopia Resolve to Normalize Relations

In the aftermath of a grave diplomatic incident where two international staff members of the African Development Bank Group, stationed at the Bank's Country...

China & Tanzania Sign Program to Strengthen Bilateral Cooperation

The governments of China and Tanzania on Thursday signed a new implementation program for a cultural agreement that aims to strengthen bilateral cooperation in...

Rand Slips Overnight Against the Dollar

JOHANNESBURG - The rand oscillated on local data releases while an uptick in global risk appetite lent support according to NKC Research.  The GDP data release showed positive...