LONDON – GOLD is shaping up for a “year of consolidation”, according to Thomson Reuters GFMS in its second update to the authoritative Gold Survey 2013....
JOHANNESBURG – South Africa could soon lose its status as Africa’s biggest economy to Nigeria, but in the race to be the continental powerhouse, being biggest...
WASHINGTON – European crude futures dipped Friday although the price gap with U.S. WTI narrowed, with few upward price signals for Brent and plenty of demand...
ENTEBBE – As U.S. airlift missions operating at the request of the French government and African Union authorities continue, Uganda maintains their role as a key...
TOKYO – Nissan and France’s Renault are planning to boost their alliance by bringing together production as well as research and development in a bid to...
KAMPALA — The government of Uganda has reached a deal with foreign oil companies to develop its oil sector, the country’s energy and minerals minister said...
JOHANNESBURG – Tens of thousands of striking workers at South Africa’s top three platinum producers have agreed to take part in government-brokered talks aimed at ending...
NEW YORK — The U.S. Treasury aims to auction $15 billion in new floating-rate notes next week, marking its first new product in 17 years, agency...
LAGOS – The prospect of a $50 million facility from the African Development Bank (AfDB) to finance the proposed Abuja Bus Rapid Transportation (BRT) system is...
NEW YORK – U.S. oil futures pared gains, before rising further Thursday after a closely watched government inventory report showed that crude stockpiles climbed for the...