AngloGold Ashanti is looking at options to dispose of its remaining assets in SA, arguing that investments needed to extend their lives would secure better returns elsewhere in the portfolio.
Managing Director of the International Monetary Fund (IMF) Christine Lagarde has issued a fresh warning about global trade tensions and the threat they pose to the world economy.
Coca-Cola’s Signature Mixers range marks the first time the brand has expanded into the alcohol space and taps into the growing premium mixer market.
KPMG has been fined £6m, "severely reprimanded" and told to undertake an internal review over the way it audited an insurance company.
State-owned oil companies and their impacts on economies are misunderstood and merit greater scrutiny, a new report indicates.
US President Donald Trump has sued two banks in a bid to stop them handing over his financial records to Congress.
The outgoing head of MetLife Inc., the largest U.S. life insurer, has a message for business leaders: Don’t abandon the public square.
Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China’s second Belt and Road infrastructure summit, but the World Bank’s new president isn’t among them.
Nigeria plans to almost double oil production and triple its refining capacity within six years, reviving previous pledges that turned out to be too ambitious.
Malawi’s recovery and reconstruction plans in the aftermath of Cyclone Idai have received a boost from the African Development Bank (AfDB), which is supporting the country with an emergency relief package and measures to combat the effect of climate change in the Southern African region.
Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found.
Oil topped $74 a barrel on Monday, the highest since November, with the United States set to announce a further clampdown on Iranian oil exports, tightening global supplies.
Inflation that’s projected to reach an eyeball-popping 8 million percent this year has left Venezuela saddled with the title of the world’s most miserable economy.
Gold is poised to move higher later this year, powered by the Federal Reserve’sless aggressive stance on interest rates and lingering global uncertainties, a precious metals expert said Tuesday.
European Union countries have approved plans for trade talks with the United States.
New York might be the financial capital of the world, but China is home to the planet's mightiest banks.
The level of debt and the lack of regulation in the corporate sector is a concern for the International Monetary Fund (IMF), one of its directors told CNBC.
At the edge of Nairobi’s Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers.
Morocco, Ghana and Tunisia are among African nations that would lose the most if the U.K. does not negotiate a deal by the time it has to exit the European Union, according to a study by a United Nations agency.
Renewed market volatility in Argentina could spark another currency crisis, analysts have told CNBC, as the recession-hit country prepares for presidential elections toward the end of the year.
The year has been great so far for risk assets from stocks to credit, and emerging-market assets have joined in the party. Except, recently, for their currencies.
The IMF sees the global economy slowing and is urging leaders around the world to handle this ‘delicate moment’ with care, the Fund’s chief economist Gita Gopinath says ahead of the launch of the World Economic Outlook Tuesday, April 9 in Washington.
Sixty-plus international organizations, led by the United Nations and including the International Monetary Fund, the World Bank Group and World Trade Organization, jointly sounded the alarm in a new report.
China’s on a bullion-buying spree as Asia’s top economy expanded its gold reserves for a fourth straight month, adding to investors’ optimism that central banks from around the world will press on with a drive to build up holdings. Prices advanced back toward $1,300 an ounce.
The Executive Directors of the World Bank today unanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019.
The fate of a $10 billion mega-merger rests with Newmont Mining Corp. investors after Goldcorp Inc. shareholders overwhelmingly approved what could be the largest deal in gold mining history.
Superfast 5G internet could add £15.7 billion ($20.7 billion) to the U.K. economy every year by 2025, according to Barclays.
Dubai Chamber of Commerce and Industry’s representative office in Kenya recently organised a study mission to Dar es Salaam, Tanzania.
China is drafting rules for overseas investments to be considered part of President Xi Jinping’s Belt and Road Initiative, according to people familiar with the matter, marking the first attempt to better define his signature policy.
The first official glimpse of Saudi Aramco’s financial performance confirms the state-run oil giant can generate profit like no other company on Earth: net income last year was $111.1 billion, easily outstripping U.S. behemoths including Apple Inc. and Exxon Mobil Corp.
The co-owner of Russia's second biggest airline died when her private plane crashed in Germany, the firm says.
Oil prices rose on Friday amid the ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009.
The European Union’s markets watchdog has fined credit rating agency Fitch a record 5.13 million euros (£4.4 million) for breaching rules aimed at avoiding conflicts of interest.
Nigeria’s central bank unexpectedly reduced its key interest rate for the first time in more than three years to help boost the economy.
The rise of an urban middle class across much of Africa is stoking demand for food that could curb hunger and cut poverty in rural outposts, a U.S.-based think tank said
Brexit has been delayed, and may eventually be called off. But it's already done major damage to the UK economy.
Banks and other financial companies are shifting more assets and jobs out of the United Kingdom as the country lurches towards Brexit.
Boeing has told airlines it expects to have new software for its 737 Max plane ready by the end of the month.
A Kenyan court ruled on Thursday that a cap on commercial bank interest rates is unconstitutional, but judges suspended the ruling for 12 months to allow parliament to re-examine the law.
The dollar slipped against its rivals on Friday and was set for its biggest weekly drop in more than three months before a U.S. central bank meeting next week where policymakers will shed more light on the outlook for interest rates.
Boeing investors lost $26.6 billion in the first two trading days this week following the deadly crash of one of its popular 737 Max 8 jets in Ethiopia.
Volkswagen on Wednesday said it will shrink its workforce by up to 7,000 staff, raise productivity and eke out 5.9 billion euros worth of annual savings at its core VW brand by 2023 in a bid to raise VW’s operating margin to 6 percent.
The U.S. aviation regulator said it would not ground Boeing Co 737 MAX planes after a crash in Ethiopia that killed 157 people, bucking a trend of countries around the world that have suspended the aircraft’s operations.
The government has announced that most imports into the UK would not attract a tariff in the event of a no-deal Brexit.
Singapore and Australia became the latest nations to suspend Boeing 737 MAX aircraft on Tuesday, while identification of the Ethiopian Airlines crash’s 157 victims dragged and black box recorders were yet to yield the cause.
The global economy’s sharp loss of speed through 2018 has left the pace of expansion the weakest since the global financial crisis a decade ago, according to Bloomberg Economics.
The United States will mandate that Boeing Co implement design changes by April that have been in the works for months for the 737 MAX 8 fleet after a fatal crash in October but said the plane was airworthy and did not need to be grounded after a second crash on Sunday.
Responding to the second crash of a Boeing 737 Max 8 soon after takeoff in less than five months, China ordered its airlines on Monday morning to ground all 96 of the aircraft that they operate.
Chinese exports saw the steepest fall in three years in February, adding to worries about growth in the world's second largest economy.
European Union member states have unanimously rejected a proposal by the EU executive Commission to blacklist 23 countries and territories it believes pose a high risk of money laundering or terrorist financing.
South African stocks are the cheapest on record relative to their emerging-market peers, but they are still not cheap enough for foreign investors.
Lebanon has withdrawn its nomination of Ziad Hayek to be the next World Bank president.