World Bank President David Malpass and Jose Manuel Barroso, chair of the Gavi vaccine alliance, on Monday discussed the importance of countries with excess COVID-19 vaccine supplies releasing them as soon as possible, the World Bank said.
Britain's economy will be back to its pre-COVID-19 level around the middle of next year, according to economists in a Reuters poll who said unemployment would peak at 6.2% as 2021 draws to a close and the pandemic job support scheme ends.
Uganda and Tanzania have signed a deal that will herald the start of the construction of the longest heated crude oil pipeline in the world.
The Limpopo Tourism Agency says it is concerned about the downgrading of the Polokwane International Airport from a category seven to category two airport.
The State Capture Commission of Inquiry hears more evidence related to power utility, Eskom, on Monday afternoon. Former Chief Financial Officer (CFO), Anoj Singh continues testifying.
The Commission of Inquiry into State Capture hears Eskom-related evidence from the former Chief Financial Officer (CFO), Anoj Singh on Monday.
The South African Chamber of Commerce and Industry (SACCI) says despite a rise in business confidence, many businesses are feeling uncertain about the country's economic climate.
Shares in Alibaba Group Holdings Ltd rose as much as 9% in Hong Kong trade as a key source of uncertainty for the company was removed, and on relief the fine and steps ordered were not more onerous.
Singh last month told the commission he was already doing Eskom-related work despite not being formerly appointed at the power utility in 2015.
Microsoft Corp is in advanced talks to buy artificial intelligence and speech technology company Nuance Communications Inc at about $16 billion, according to a source familiar with the matter.
China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.
Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the construction of a $3.5 billion crude pipeline to help ship crude from fields in western Uganda to international markets.
Amazon.com Inc’s fierce resistance to unionisation, skepticism among workers that organising could get them a better deal and decisions on election parameters all contributed to the apparently lopsided defeat of a labor drive at the company’s warehouse in Bessemer, Alabama, people close to the events said.
Apple Inc is refusing to testify at an upcoming US Senate subcommittee hearing on competition issues related to mobile app stores, the bipartisan leaders of the panel said on Friday.
Ireland added the United States, Canada, Belgium, France and Italy to its list of countries where arrivals will be subject to mandatory hotel quarantine, tightening some of Europe’s toughest travel restrictions to try to stop the spread of COVID-19.
Equity funds have attracted more than half a trillion dollars in the past five months, exceeding inflows recorded over the previous 12 years, according to data from Bank of America, which has likened the stampede to a “melt-up” in markets.
The World Bank Group will have committed $2 billion in financing by the end of April for COVID-19 vaccines in some 40 developing countries, World Bank Managing Director of Operations Axel van Trotsenburg said on Friday.
Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic.
Asian equities are set for a choppy trading session on Friday after technology stocks lifted the S&P 500 to a new record even as investors weighed an unexpected rise in the number of Americans filing new claims for unemployment benefits.
Levi Strauss & Co on Thursday raised its half-year revenue growth forecast, banking on COVID-19 vaccine rollouts to spur a return to normalcy, after the denim maker beat quarterly sales estimates on a pandemic-led e-commerce boost.
Transport Minister Fikile Mbalula says the African Continental Free Trade Area agreement which came into effect in January, may help stimulate demand for air travel in Africa.
A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry sources say.
The Polokwane International Airport has lost its license to operate commercial air services over non-compliance with the required minimum standards.
The latest loan is South Africa's fourth since the outbreak of the virus and a second from the New Development Bank.
The relocation of staff from the Transnet National Ports Authority (TNPA) to the Ngqura harbour in the Nelson Mandela Bay Metro in the Eastern Cape is under way. The first group of employees has arrived.
The South African Revenue Service (SARS) says its efforts to target citizens who have unexplained wealth have already started to show signs of success.
The US dollar traded near more than two-week troughs versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve’s March policy meeting offered no new catalysts to dictate market direction.
As countries step up borrowing to fund COVID-19 stimulus spending, few governments are paying attention to how climate change could limit their ability to repay the debts, researchers warned on Wednesday.
National Education, Health and Allied Workers' Union (Nehawu) President, Mzwandile Makwayiba, has blamed President Cyril Ramaphosa for the non-implementation of the 2018 wage agreement signed with public sector unions.
World finance chiefs agreed on Wednesday to boost reserves at the International Monetary Fund by $650 billion and extend a debt-servicing freeze to help developing countries deal with the coronavirus pandemic