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FinTech programme launched to build UK-Africa trade

FinTech programme launched to build UK-Africa trade

London (The Southern African Times) – The Tech for Growth programme, launched by the Department for International Trade this week,…
Angola’s beleaguered dos Santos steps down from Unitel

Angola’s beleaguered dos Santos steps down from Unitel

LISBON (The Southern African Times) – Angolan billionaire Isabel dos Santos will leave her job in the administration of telecoms…
S.Africa’s mines minister drops challenge to court ruling on black ownership threshold

S.Africa’s mines minister drops challenge to court ruling on black ownership threshold

JOHANNESBURG (The Southern African Times) – South Africa’s mines minister has withdrawn an appeal of a court ruling that held…
African e-commerce group Jumia takes lockdown revenue hit

African e-commerce group Jumia takes lockdown revenue hit

LAGOS (The Southern African Times) – African e-commerce group Jumia’s revenues slid by 10% in the second quarter, dashing hopes…
Oil stocks boost FTSE 100 as China data signals recovery

Oil stocks boost FTSE 100 as China data signals recovery

(The Southern African Times) – London-listed shares ended off session highs on Monday as the number of COVID-19 cases in…
South Africa tries to recover over $23 mln from SAP for ‘unlawful’ contracts

South Africa tries to recover over $23 mln from SAP for ‘unlawful’ contracts

JOHANNESBURG (The Southern African Times) – South African investigators are seeking to recover more than 400 million rand ($23 million)…
US$355 million boost for business recovery for Africa

US$355 million boost for business recovery for Africa

(The Southern African Times) – THE AfreximBank and the European Investment Bank (EIB) have availed US$355 million to support the…
World Bank approves $114 mln for Nigeria’s COVID-19 response

World Bank approves $114 mln for Nigeria’s COVID-19 response

ABUJA (The Southern African.Times) – The World Bank has approved $114 million to help Nigeria tackle its coronavirus pandemic, the…
Botswana diamond exports fall by two thirds on COVID-19

Botswana diamond exports fall by two thirds on COVID-19

GABORONE (The Southern African Times) – Botswana’s rough diamond exports plunged 68% percent in the second quarter of the year,…
Britain’s banks brace for $22 billion loan losses as outlook darkens

Britain’s banks brace for $22 billion loan losses as outlook darkens

LONDON (The Southern African Times) – Britain’s banks took a gloomier view than almost all their European peers in their…
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