Business

Mining magnate Patrice Motsepe has become the latest South African billionaire to donate towards the fight against the COVID-19 pandemic. South Africa is currently the hardest-hit country in the continent,...

The airlines, under the aegis of the International Air Transport Association (IATA), said many airlines are on the brink of collapse without urgent support from their home governments. IATA welcomed...

In order to face the novel coronavirus (COVID-19) pandemic, Africa needs an immediate emergency economic stimulus of $100 billion, revealed African finance ministers during a virtual conference. African states need...

The Tsogo Sun hotel group intends temporarily closing up to 36 of its properties around the country as demand plummets due to the coronavirus outbreak. The company said in a...

The airline’s Chief Executive Officer Allan Kilavuka said that they will now temporarily suspend all international services effective midnight March 26, until further notice. “We will continue to operate cargo...

The national carrier said on Sunday that it would suspend operations effective Monday until further notice, before adding: "This is in the interest of ensuring the safety of our customers,...

The United Nations Economic Commission for Africa (ECA) has in its latest report predicted that coronavirus will shave 1.4 per cent off Africa’s $2.1 trillion GDP, owing to widespread disruption...

The decision came after Prime Minister Abiy Ahmed’s meeting with the COVID19 National Ministerial Committee on Friday in the afternoon. However, the statement from the office of the Prime Minister...

Though Uganda has not registered any case of the virus, government has already moved to close schools, crowded places and put in place a number of other measures that it...

According to the South African Bureau of Statistics, consumer prices rose by 4.6% year-on-year, up from 4.5% in January. This increase should not deter the central bank from cutting the...