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CEO of MTN Group, Ralph Mupita Mobile operator MTN Group said on Monday that its board had approved a 6 billion rand ($375 million) share buyback programme, as it reported a 21.3% rise in half-year adjusted profit and strong cash generation. CEO Ralph Mupita told journalists the buyback programme would begin on ​Monday. At 1005 GMT, MTN shares were up 4.61% at 201 rand.

Nevada sued the Trump administration on Monday to block its plans to slash water supplies from the drought-stricken Colorado River, saying the move could devastate the state and violate the laws governing the river. The Department of the Interior on Friday finalised its plan that included a 21% reduction in water ​from the river to California, Nevada and Arizona for two years starting in 2027.

Oil prices slipped more than $2 a barrel on Monday as investors ​took profits after recent gains and shrugged off new U.S. sanctions on Iran. Brent crude futures settled down $2.22, or ‌2.35%, to $92.17, while U.S. West Texas Intermediate crude fell $2.05 a barrel, down 2.35% at $85.01.

Oil prices steadied on Tuesday, after falling more ​than 2% in the previous session, as investors assessed the impact of harsher U.S. secondary ‌sanctions against Iran. Brent crude futures were down 9 cents, or 0.1%, at $92.16 by 0104 GMT, while U.S. West Texas Intermediate crude was up 1 cent at $85.02 a barrel. Both contracts fell more than 2% on Monday, with U.S. crude oil falling to ​a one-week low on profit-taking after prices rallied over the previous two weeks.

President Donald Trump's administration on Monday released a proposed regulation to codify an unprecedented fee of more than $100,000 on new H-1B visas for highly skilled foreign workers, a measure that has been blocked by the courts. The fee, first temporarily imposed by Trump last year, dramatically raises the cost of visas that are heavily relied on in the tech, education, and research sectors.

Artisanal gold marketing agency GoldBod has not provided funds ‌to its gold suppliers for as long as three weeks, forcing some operators to halt purchases or borrow to stay in business despite surging bullion prices, five industry sources told Reuters. "The last two weeks were terrible. You could spend a whole day waiting and not receive any funds," a gold ​trader in Ghana's Ashanti Region said last week.

Minimalistic door handles became a signature feature of electric vehicles (EVs), but the controversial designs are now at the centre of China's biggest car recall, affecting more than 4 million vehicles. The recall, which includes 2.98 million Chinese-made Teslas, follows safety concerns that the hidden door handles are difficult to locate and open in emergency situations. Other brands affected by the recall include Chinese carmakers XPeng, Xiaomi and Geely.

A hospital in the southern Tunisian city of Ben Guerdane has received at least 19 bodies of ​migrants recovered from the sea over the past two days, ‌the head of a migrant rights group said on Monday, following the sinking of a boat at the weekend. The sinking of the migrant boat, which carried ​seven members of the same family, sparked a wave ​of grief and anger triggering violent protests in the city ⁠on Sunday night.

Seaborne petroleum product exports from Nigeria have grown sevenfold since 2023, as output from the Dangote refinery improved regional fuel trade ​flows and boosted supplies to Europe and Africa, the U.S. ‌Energy Information Administration said on Monday. Here are more details: Seaborne petroleum product shipments from Nigeria averaged 561,000 barrels per day in the second quarter of 2026, compared ​with an annual average of 79,000 bpd in 2023, Vortexa ​data showed.

Zambian authorities closed the country's top courts on ​Monday, blocking access to the premises on the last day that ‌the opposition could file a challenge to this month's disputed election. A memorandum from the chief administrator of the judiciary, which Reuters saw, said that "for security reasons, all members of ​staff are advised not to report for work today". Police spokesman Godfrey ​Chilabi told Reuters that security assessments were ongoing and declined to ⁠give details.