Edition:
India

Joe Bavier

Don't expect debt relief, United States warns Africa

24 Jun 2019

PRETORIA African countries running up debt they won't be able to pay back, including to China, should not expect to be bailed out by western-sponsored debt relief, the United States' top Africa diplomat warned.

CORRECTED-Africa sees increase in foreign investment, bucking global trend

13 Jun 2019

* 2019 FDI seen bolstered by new U.S. law, AfCFTA ratification

Exclusive: Congo Republic's IMF bailout at risk over debt deals - document

22 May 2019

JOHANNESBURG/LONDON Advisers to Congo Republic's government have warned it that there is a "major risk" the International Monetary Fund (IMF) will reject its bid for a long-sought bailout, according to a letter obtained by Reuters.

As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growth

07 May 2019

SAN FRANCISCO/ CAPE TOWN Uber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos. | Video

RPT-INSIGHT-As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growth

07 May 2019

SAN FRANCISCO/ CAPE TOWN, May 7 Uber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos.

RPT-INSIGHT-As IPO looms, Uber clings to hard-knuckled tactics in pursuit of growth

07 May 2019

SAN FRANCISCO/ CAPE TOWN, May 7 Uber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos.

Guinea boosts power output to foster bauxite refining

27 Apr 2019

CONAKRY Guinea expects to boost its energy production capacity by nearly four-fold over the next six years as it pushes mining companies to refine their bauxite output locally, the energy minister said on Friday.

Auto giants battle used car dealers for Africa's huge market

14 Apr 2019

JOHANNESBURG/NAIROBI At the edge of Nairobi's Ngong Forest, thousands of used cars glitter in the hot sun on a dusty field, waiting for buyers. | Video

Volkswagen South Africa targets record output despite headwinds

20 Feb 2019

JOHANNESBURG German carmaker Volkswagen's South African unit expects to produce a record number of vehicles this year despite a sluggish domestic economy, power outages and looming talks with unions, its managing director said.

African nations sense upper hand in minerals stand-off

08 Feb 2019

CAPE TOWN African nations with rich reserves of copper and cobalt needed for the shift to electric vehicles sense they have the upper hand in negotiations with mining companies that are struggling to secure better terms.

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