NAIROBI — Kenyan banks have been “expropriating too much profit” from the interest rates they charge on loans and have room to lower borrowing costs, treasury secretary Henry Rotich said. […]
CAIRO — Egypt moved closer to securing $12 billion of International Monetary Fund support designed to restore the confidence of foreign investors and ease a crippling dollar shortage hampering economic […]
JOHANNESBURG — The recent strength of South Africa’s rand is providing a cushion for the country’s policy makers and shouldn’t lead to complacency in tackling inflation, Reserve Bank governor Lesetja […]
LUSAKA — President Edgar Lungu took the lead over his main rival yesterday in early counting from Zambia’s presidential election, but the main opposition said some electoral officials were colluding […]
Islamic State terrorists group recently claimed it has got hold of a variety of US weapons and sensitive radio equipment in Afghanistan following recent battlefield victories which material they unreservedly […]
Tunisia’s parliament has passed a vote of no confidence in Prime Minister Habib Essid, effectively dismissing the government of the US-trained economist. (more…)
An Indian military plane with more than 20 people on board has gone missing over the Bay of Bengal, the Indian air force (IAF) has confirmed to the BBC.
South African prosecutors said Thursday they would push for a longer sentence for Oscar Pistorius, describing his six-year jail term for murdering his girlfriend Reeva Steenkamp as “shockingly too lenient”.
Islamic State claimed responsibility on Saturday for the truck attack that killed at least 84 people celebrating Bastille Day in the French city of Nice and police arrested three more […]
NAIROBI – Kenya Airways said on Sunday it was suspending flights to South Sudan’s capital Juba after a flare-up of fighting between rival factions in the unity government.