Zimbabwe to return 67 foreign-owned farms seized in land grab
Treasury data separately showed the payments would settle claims by property owners from Denmark, Germany, the Netherlands, Switzerland, and the former Yugoslavia.
Amazon cuts workers, phases out grocery service in Singapore
The move is part of a broader shift toward international e-commerce and prioritises growing demand in Singapore for products sourced from overseas, Amazon said in a statement on Thursday.
SA vehicle sales zoom ahead despite bumpy 2025
'We are seeing the composition moving more towards the Chinese vehicles' – Wafeeqah Lagerdien, Futuregrowth Asset Management.
Aliko Dangote’s group eyes more dollar bond sales to fund growth
While several Dangote entities have listed shares in Nigeria, none had raised financing from international capital markets before April’s transaction.
Shell says profits rise as Iran war boosts trading and oil price
Adjusted net income rose to $6.92bn, the London-based company said in a statement.
Africa’s newest oil refinery fires up to supply fuel for Angola
Helping the crude producer bolster domestic supply and reduce reliance on imports.
Gold extends hefty gain as US-Iran hopes ease inflation fears
Bullion traded above $4 700 an ounce, after jumping 3% on Wednesday.
Alibaba shares outpace Tencent’s as chip exposure fuels demand
Alibaba’s outperformance comes as Asian chipmaking titans from Taiwan Semiconductor Manufacturing to Samsung Electronics have extended a bull run to record highs, reinforcing the hardware-driven theme of the popular AI trade.
Oil holds slump as US offers memo to Iran in bid to open strait
Brent for July settlement gained 0.4% to $101.67 a barrel at 1:57 p.m. in Singapore.
Pan-African infrastructure fund eyes final close at $400m
As more financiers allocate capital to infrastructure projects on the continent.