To 28-year-old Kenyan Mary Wanjiku, her cell phone is not just a cell phone. It is also a cheap, safe and easy way of sending her mother $40.
The global economic downturn has aggravated human rights violations and distracted attention from abuses, Amnesty International said on Thursday.
Four of MTN's top 25 shareholders would reject a tie-up with India's Bharti Airtel based on terms unveiled this week and other big investors are unsure about the deal to create a telecoms giant.
India's Bharti Airtel and South Africa's MTN have revived merger talks to create a $61 billion telecoms giant spanning Africa, Asia and the Middle East a year after their previous attempt foundered over who would control the combined entity.
Japan raised its economic outlook for the first time in three years on Monday, and an important measure of German business sentiment rose in May in further signs the worst of the global recession may be over.
Bharti Airtel, India's leading telecoms firm by subscribers, hopes to double customers to 200 million within three years, its chairman said, adding any acquisition would see it reach the target even faster.
Big emerging countries like China, India, Brazil and South Africa must do more to open their markets to secure a new global trade deal, the U.S. trade chief said on Wednesday.
GlaxoSmithKline will take a 16 percent stake in Africa's biggest generic drug maker, Aspen Pharmacare, to expand its emerging market footprint in a deal worth 3.47 billion rand ($418 million).
Trevor Manuel was appointed to head a powerful new planning body on Sunday, keeping South Africa's former finance minister at the heart of policy-making in President Jacob Zuma's first cabinet.
Jacob Zuma was sworn in as South Africa's fourth president since the end of apartheid on Saturday after he overcame corruption and sex scandals and reached the nation's highest office.
Jacob Zuma is sworn in as president of South Africa on Saturday after a remarkable political comeback, taking over a faltering economy plagued by crime, poverty and AIDS.
The new president of South Africa is set to be inaugurated on Saturday at the Union Buildings, the nation’s governmental residence, accompanied by his three first ladies.
South Africa's parliament is set to choose Jacob Zuma as state president on Wednesday after his ruling ANC's resounding election victory, capping a remarkable political comeback.
Somali pirates hijacked a Greek and a Ukrainian ship on Saturday and a NATO warship briefly detained 19 pirates armed with high explosives after foiling an attack on a Norwegian tanker in the Gulf of Aden.
South Africa's ruling African National Congress claimed victory on Friday in a general election that will make party leader Jacob Zuma president.
South Africa's ruling ANC celebrated a commanding lead in an election that will install Jacob Zuma as president and put him under immediate pressure to deal with a faltering economy and improve the lives of the poor.
South Africa's ruling ANC headed for election victory on Thursday despite a reinvigorated opposition challenge and party leader Jacob Zuma was easily on course to become president weeks after beating graft charges.
South Africans vote in national and provincial elections on Wednesday with the ruling ANC expected to win, but with a reduced majority.
South Africans voted on Wednesday in an election that poses the toughest challenge to the African National Congress since the end of apartheid and could weaken its overwhelming dominance in parliament.
South Africa's ruling ANC leader Jacob Zuma called for a massive turnout at an election on Wednesday to give his ruling party a decisive mandate in its toughest test since the end of apartheid.
Penguin Group has become the first international publisher to sign an English electronic book distribution deal in China after seeing significant growth in the United States, the head of the group said on Tuesday.
Following is the roster of countries attending or boycotting a U.N. conference on racism that opened in Geneva on Monday.