Lafarge To Auction South Africa subsidiary For $316.3m …redeems N26.4bn bond Lafarge Africa Plc has announced the proposed sale of 100 per cent of the issued share capital in Lafarge South Africa Holdings Limited to Caricement B.V, a subsidiary of LafargeHolcim. The firm said in a statement...

In 3months, South Africa Exits Recession Farms and factories dragged South Africa out of its first recession in almost a decade, data showed on Tuesday, as the economy grew by more than expected in the third quarter. The positive data was a boost for President Cyril...

Africa's Growth: Nigeria, S/Africa, Angola Tasked To Ensure Solid Economic Footing   The International Monetary Fund (IMF) has called on Nigeria, South Africa and Angola to ensure solid economic footing to accelerate African economic growth. The IMF Chief Economist, Mr Maurice Obstfeld, made this call on Tuesday...

Ramaphosa Unveils Plan To Reduce High Unemployment In S/Africa   The President South Africa, Mr. Cyril Ramaphosa, has announced a package of reforms, which would create more 275,000 jobs a year, to bring down high unemployment and improve the economy. More than two decades after the end...

Kenya, Nigeria & South-Africa: Tales of Reasoning! By Taiwo Lawrence Adeyemi   “Leadership is an elusive concept, defined by many, but achieved by few.” John W Stanko Kenya with a population of about 51.10 million, speaks Swahili, Dholuo, and Sheng languages. Regaled in African Safari, Magnificent Indian Ocean...

Nigeria Leads South Africa In Foreign Reserves   Nigeria is leading South Africa in net foreign reserves as Nigeria’s reserve hits $47.37 billion (N17 trillion) in March, 2018 to beat South Africa which has $43.15 billion. Nigeria which recently recovered from economic recession with less than $21...