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The Russian president held a meeting with South African leader Cyril Ramaphosa on the sidelines of the BRICS summit in India...

Months of anti-foreigner protests across South Africa have forced tens of thousands to leave the country....

Uber has officially ended its operations in Nigeria and Uganda, marking a significant retreat from these markets. This decision comes as a result of escalating operating expenses and fierce competition, which have negatively impacted ride-hailing fares and driver earnings. Rising costs for fuel and vehicle upkeep weighed heavily on drivers' incomes. Despite this setback, Uber continues to prioritize other sub-Saharan African markets where growth seems promising....

South African firms are courting shareholders ahead of annual general meetings after new laws gave investors more power over executive pay and put the directors who oversee it under greater pressure....

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Uber's exits from Nigeria and Uganda highlight the growing challenges of making ride-hailing work in Africa....

Anti-immigrant protests in the country are back....

South Africa's current account slumped to a deficit in the second quarter as the nation's trade surplus narrowed sharply and the value of imports increased more than that of exports amid fallout from the Iran war....

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South Africa's Central Energy Fund outlined plans to revive oil-refining capacity that will see local processing of crude at least triple, potentially reducing dependence on fuel imports....

South Africa's 3% inflation target can withstand a range of economic shocks as expectations have become better anchored and more forward-looking, the central bank said in a new study....

Singapore refiner Aster Chemicals and Energy Pte is buying crude from as far afield as Latin America and West Africa to replace Middle Eastern supplies squeezed by the Iran war....

China's Oil Scramble Sends African, Canadian, Latin American Crude Prices Soaring China, the world's largest oil importer, is bidding up crude prices across Africa, Canada, and Latin American markets as disruptions in the Hormuz chokepoint and limited Iranian supplies intensify competition for alternatives. The scramble is squeezing smaller Chinese refineries that once relied on heavily discounted Iranian barrels, according to a new Bloomberg report.  The renewed Chinese buying marks a major shift from a period when subdued Chinese buying helped restrain crude oil prices. With Iranian exports almost entirely shut off by the US blockade and fighting flaring again, as seen Monday when Saudi Aramco's Jizan oil facilities were reportedly hit, the race to find replacement supplies around the world is becoming an increasingly expensive task for the Chinese.  Traders spoke with Bloomberg. Here's what they had to say: The turnaround is producing spikes in the price of various grades. Congo's ...

Poverty, unemployment and red tape force tens of millions of Africans into work that is not regulated, taxed or protected by the government....

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For 450 years, the world's most-used map has made Africa look smaller than it really is....

David Cowan, Africa Economist at Citi Research, says South Africa has yet to turn the corner on growth, with the economy showing resilience rather than a strong acceleration. He also says Zimbabwe's recovery is benefiting from improved fiscal discipline, higher gold and lithium prices and stronger agricultural exports. Cowan discusses the challenges of de-dollarization, signs of renewed foreign investor interest and the importance of Zimbabwe getting its lithium policy right with Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)...

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South Africa's economy snapped six quarters of growth in the three months to June as the fallout from the Iran war intensified and manufacturing and mining output contracted....