The Egyptian government is keen on increasing the annual pay raise from 5 to 7 percent, said Planning Minister Ashraf...

Power generation and irrigation will get an additional Sh12.1 billion in the second mini budget prepared by the National Treasury,...

Smartphone penetration in the world is projected to double by the year 2020 and is expected to reach a total...

U.S. investments in Egypt have retreated during the past year by 85.9 per cent compared to investments made in 2014,...

Nigeria's swift one-step move to a floating currency has been welcomed by investors but most nonetheless will stay away until...

South Africa's rand extended gains against the dollar in early trade on Thursday as cautious optimism that British voters would...

A weaker shilling and low inflation rate helped Nairobi to improve its standing on the list of the world’s most...

South African power utility Eskom has raised its wage offer to 7 percent from 5.75 in negotiations with workers, the...

Nigeria's distributable revenues to the three tiers of government rose in May to 305 billion naira ($1.07 billion), up from...

Mining giant AngloGold Ashanti has justified its move to compel the government of Ghana to use its authority in restoring...