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France Slashes GDP Forecast to 1%

France has revised its GDP growth forecast for the current year, downgrading it from 1.4% to 1%, alongside announcing a significant reduction in spending...

MC Mining Faces Takeover Proposal Amid Corporate Turmoil

In a surprising turn of events, MC Mining, a prominent coal development firm, is currently navigating corporate turbulence due to a takeover proposal by...

BP Commits $1.5 Billion to Egypt’s Energy Sector

In a significant development for Egypt's energy landscape, British Petroleum (BP) has announced plans to invest $1.5 billion in the country's energy sector. The...

US Sends Another $1 Billion in Weapons for Ukraine Assistance

The White House today announced another $1 billion in security assistance for Ukraine, including for the first time two Harpoon coastal defence systems that will be...

Eskom to Pay Nedbank R9m in Interest Before Month End

JOHANNESBURG - Eskom is due to pay over R9 million in interest to Nedbank Corporate and Investment Banking before the end of July, the power...