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Mauritius’ MCB Signs US$800m Deal

PORT LOUIS - The Mauritius Commercial Bank Ltd (MCB), Standard Chartered Bank and Sumitomo Mitsui Banking Corporation Europe Limited have announced the signing and successful closing of...

Canada evacuates 41 diplomats and their families from India

Canada evacuated its 41 diplomats and 42 accompanying dependents from India after the Indian government threatened to strip them of their diplomatic immunity, Foreign...

Inflation to Reach 450 Percent as Zimbabwe Abandons Multicurrency System

HARARE - Zimbabwe’s year on year inflation rate could reach 450 percent by the end of this year in line with this week’s new measures...

Africa’s Telecoms Plan US$10 Billion M&As, IPOs

JOHANNESBURG - At least US$10 billion will exchange hands across Africa’s telecoms, media and technology markets (TMT) in 2019, driven by stronger investor appetite...

Zim’s Suspension of Ecocash & the ZSE Intrusive

HARARE - The Zimbabwe government's move of suspending mobile money solutions and all trading of stocks on the local bourse (ZSE) in an attempt...