Business

Former youngest king dies at 34 after ruling East African kingdom since age 3
The traditional kingdom of Tooro in western Uganda is mourning the sudden passing of King Oyo Nyimba Kabamba Iguru Rukidi IV on Thursday, who historically became monarch at just three years old.
29 Aug, 13:00 · Business

Glencore faces $1.4B lawsuit amid $9B Congo copper deal negotiations
While pursuing a $9 billion agreement for two major copper and cobalt operations in the Democratic Republic of Congo, Glencore faces a potential $1.4 billion lawsuit from a Singapore-based commodity trader.
29 Aug, 12:06

Libyan state bank sues Burkina Faso at World Bank tribunal over seized stake
Libya's state-owned foreign investment bank has brought a case against Burkina Faso at an international tribunal after the military government nationalized a commercial lender they co-owned.
29 Aug, 11:49

South Africa sees nearly 1M tourists, but arrivals from India and China drop
South Africa welcomed almost one million international tourists in July, but recorded a 27% decrease in visitors from India and a 20% decline from China.
29 Aug, 11:34

EU challenges Sappi's $1.66 billion plan to form Europe's largest paper producer
The European Union has formally contested South African multinational Sappi’s €1.42 billion ($1.66 billion) proposal to merge significant paper operations with Finland’s UPM.
29 Aug, 11:19

Morocco’s OCP Group plans $450M US fertilizer plant, first in over 40 years
Morocco’s OCP Group is preparing to construct America’s first new phosphate-fertilizer facility in more than four decades, as part of a proposed investment up to $450 million.
29 Aug, 11:03

US controls Venezuela oil after capturing president, still buys African oil
Nearly eight months after the US military captured Venezuelan President Nicolás Maduro Moros, recent reports indicate the US now holds majority control over Venezuela's 65-billion-barrel oil reserves, yet still purchases almost $8 billion in oil from two African nations.
29 Aug, 10:00

East Africa's richest man invests $680M for 2026 expansion
Mohammed 'Mo' Dewji, East Africa’s wealthiest individual, is aggressively expanding across the continent with disclosed projects and commitments totaling $680 million by 2026 in Tanzania, Kenya, and Mozambique, with Botswana as a potential future market.
29 Aug, 09:23

Mo Ibrahim cautions Zambia's Hichilema on democratic legacy
Sudanese-British billionaire Mo Ibrahim has advised Zambian President Hakainde Hichilema against letting post-election tensions erode the democratic advancements achieved during his initial term in office.
29 Aug, 08:45

Asia's richest nation strengthens economic ties with Egypt
Singapore, Asia's wealthiest nation with a projected 2026 nominal GDP per capita of $107,758, is actively enhancing economic relations with Egypt, Africa's second-largest economy.
29 Aug, 06:30

US sanctions on UAE branch of Banque Misr have no impact in Egypt
The Central Bank of Egypt stated that recent US financial measures against Banque Misr's UAE branch do not affect its domestic operations or other Egyptian financial institutions.
29 Aug, 06:00

Wife of man who died after turbulence sues airline
Lawyers for Linda Kitchen say her husband was "fatally injured" after the flight dropped 6,000 ft.
28 Aug, 17:47

Gatwick Airport faced water outage after main burst
SES Water says it has repaired a burst main which was affecting supply to the airport.
28 Aug, 17:38

Fed has 'work to do' if price rises don't ease for Americans, Warsh says
Kevin Warsh remarks suggest interest rates could be increased if policymakers think inflation is running too high.
28 Aug, 15:15

U.S. deepens ties with one of Africa’s largest economies in two major sectors as trade nears $15 billion
The U.S. has expressed its readiness to deepen its strategic partnership with Nigeria by focusing on technology, trade, investment, and the creative economy.
28 Aug, 13:32

U.S. and China make fresh moves with Africa’s 2nd-largest economy — but in very different ways
Egypt has long been a focal point for international diplomacy and security due to its control of the Suez Canal, and massive regional influence. Recently, the United States has made fresh efforts to deepen its relationship with the North African nation, but competing global powers like China and Rus
28 Aug, 12:46

10 African countries with the highest fuel prices in August 2026
When fuel prices rise, the first pain is frequently felt at the gas station. However, in many African countries, the influence extends beyond that.
28 Aug, 12:00

Government to launch crackdown on rogue builders
Next month, the administration will introduce a list of accredited tradespeople and a system to safeguard client funds.
28 Aug, 10:49

Colman's Mustard offered for sale before merger
This divestment precedes the planned integration of parent company Unilever with McCormick.
28 Aug, 10:34

US families respond to Meta's new youth usage limits
As part of an $18bn resolution for a child-safety lawsuit, Meta announced new app restrictions. We sought opinions from families.
28 Aug, 09:32

Sports Direct founder criticises Burnham's 'populist' High Street strategy
In a written communication, the entrepreneur accused the prime minister of pursuing 'everyday fixes' or fads with his most recent cost of living and retail policies.
28 Aug, 07:40

Selena Gomez refutes 'frivolous' fraud allegations
Selena Gomez's legal representative states the fraud case is 'absurd,' but disputes involving celebrity family businesses are common.
28 Aug, 05:53

Actors demand legal protection for AI voice cloning
Performers, including Matt Lucas and Hugh Bonneville, urge the government to grant every person in the UK legal ownership of their voice.
28 Aug, 05:11

Judge rules Trump administration illegally retaliated against Anthropic
The artificial intelligence startup has been in conflict with the Pentagon regarding the US military's use of AI.
28 Aug, 03:41

Why robotic pizza makers are failing to deliver
A series of setbacks has eroded confidence that automation will take over production in pizza establishments.
27 Aug, 23:16

Veterans told they owe thousands due to clerical error
Hundreds of former UK military personnel have experienced pension reductions after receiving overpayments.
27 Aug, 23:06

I beat my £700-a-month late-night shopping addiction
Younger generations are believed to be more susceptible to impulsive spending. The BBC investigates methods to manage it.
27 Aug, 23:04
