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South Africa books ‘big wins’ on lower inflation, Kganyago says
Updated 4 hours ago South African central bank Governor Lesetja Kganyago said lower inflation has delivered “big wins” by reducing government borrowing costs,... →
Israel, Hamas reach deal to free hostages in Gaza breakthrough
Updated 6 hours ago Israel and Hamas have reached a deal for the release of all hostages held by the militant group in Gaza, a major step toward ending a two-year war... →
Eskom’s biggest union demands 15% increase ahead of wage talks
7th October 2025 The biggest union at South Africa’s Eskom is demanding a wage increase of as much as 15% ahead of negotiations that are set to begin. The National... →
Africa must quell its reliance on outside money, Godongwana says
2nd October 2025 Africa faces a “distressing decline” in foreign health aid and should raise more money domestically, including via taxes on tobacco and alcohol,... →
Malema found guilty of breaking gun laws
1st October 2025 Firebrand South African politician Julius Malema was found guilty of violating the nation’s gun laws for firing a weapon at a political rally in... →
Fiscal rule to help steady South African debt, Central Bank says
30th September 2025 South Africa risks a debt trap after years of lax budget discipline, but following through with plans for a fiscal rule to control borrowing will... →
South Africa, Nigeria poised to exit dirty-money list next month
30th September 2025 South Africa and Nigeria are poised to exit a global financial watchdog’s “gray list” as soon as next month, marking a change in fortune for two of... →
ArcelorMittal may get R8.5bn IDC bid for South Africa unit
29th September 2025 South Africa’s top development finance institution is working with financial advisers on a possible bid of about R8.5-billion for control of... →
Diamond sale fails in Botswana as buyers refuse to pay up
26th September 2025 Botswana didn’t sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough prices, as the global industry continues... →
Botswana wants to buy De Beers controlling stake by next month, President says
23rd September 2025 Botswana’s president aims to complete a deal to take a majority stake in De Beers by the end of next month, even as his administration and other... →
Ramaphosa tries to defuse backlash after praising rival party
19th September 2025 South African President Cyril Ramaphosa moved to defuse tensions sparked by his warning that the African National Congress (ANC) risks losing voter... →
Trump’s trade envoy to meet with Parks Tau
17th September 2025 US Trade Representative Jamieson Greer and Minister of Trade, Industry and Competition Parks Tau are expected to meet on Thursday in a bid to... →
US in talks to set up $5bn fund for critical mineral deals
16th September 2025 The US is in talks to set up a $5-billion fund to invest in mining, in what would be the government’s most significant foray into dealmaking to... →
Israel committing genocide in Gaza, UN-commissioned report says
16th September 2025 A United Nations-commissioned report concluded Israel is committing genocide against Palestinians in Gaza, and called for the international... →
Shell’s fight with South African activists moves into last round
16th September 2025 South Africa’s top court will start hearing arguments on Tuesday in a legal battle that has pitted environmental activists against one of the... →
Reserve Bank’s new inflation goal faces a key test
15th September 2025 The South African Reserve Bank’s new goal of anchoring inflation at 3% faces a big test this week, with two key data points and its first policy... →
A $3bn plan to bring water to Johannesburg hits opposition
15th September 2025 A long-delayed R53-billion project that South Africa’s commercial hub is banking on to end a growing water crisis has hit fresh opposition.... →
African nations tap IMF for $69-billion with pivot to lender seen lasting
12th September 2025 Demand from African nations for financing from the International Monetary Fund is expected to remain high, as debt burdens mount and cheaper... →
Minister George thwarts permits for R6m rhino hunts
12th September 2025 South Africa’s environment minister said he won’t immediately approve trophy hunting quotas for black rhinos, elephants and leopards, deepening a... →
Nersa apologises for R54bn tariff error
10th September 2025 South Africa’s energy regulator apologised for a R54-billion error in calculating electricity tariffs, a mistake that will be passed on to... →
IFC seeks $300m to fund electricity mini-grids in Africa
9th September 2025 The International Finance Corporation (IFC) is setting up an entity aimed at lowering the cost of mini grids in Africa, to accelerate plans to... →
Kenya’s Ruto says debt restructuring core for financial reforms
8th September 2025 Kenyan President William Ruto called for a fairer approach to restructuring the debts of struggling African nations and improved access to... →
ArcelorMittal South Africa must be nationalised, Saftu says
8th September 2025 South Africa’s government must “re-nationalise” ArcelorMittal South Africa to avert job losses and rebuild the country’s beleaguered manufacturing... →
Xi and Putin to take part in Brics Trade Summit without Modi
8th September 2025 China has confirmed that President Xi Jinping will take part in a virtual Brics summit convened by Brazil to discuss Donald Trump’s trade policy.... →
Sars deputy commissioner tipped as new head
4th September 2025 South Africa’s finance minister favours Johnstone Makhubu to take over as commissioner of the nation’s tax agency, according to a person familiar... →
AMSA takeover talks stall over valuation
4th September 2025 ArcelorMittal's talks to sell its local unit to South Africa’s State-owned Industrial Development Corporation (IDC) are being held up by... →
ANC to discuss broader Central Bank role - Report
3rd September 2025 South Africa’s biggest political party, the African National Congress, will revive a debate about expanding the central bank’s mandate at a key... →
Kenya’s IMF programme talks likely to drag beyond 2027 elections
2nd September 2025 Kenya’s quest to secure new funding from the International Monetary Fund will likely be drawn out as both sides need to thrash out fresh reform... →
Lab-grown gems are robbing Botswana of its diamond riches
2nd September 2025 Across Botswana the lines of patients outside government clinics are lengthening, construction companies dependent on state jobs are firing workers... →
US sends first deportees to Rwanda under controversial deal
28th August 2025 Rwanda received its first group of migrants deported from the US, making good on a controversial deal it struck with President Donald Trump’s... →
Top South African court dismisses Lungu family’s burial appeal
26th August 2025 South Africa’s top court dismissed a request by the family of former Zambian President Edgar Lungu to overturn a lower court’s decision that he... →
South Africa Treasury, banks fear SWIFT loss – News report
25th August 2025 South Africa’s National Treasury and the heads of its top banks discussed the risk the country may be cut off from SWIFT, the international... →
South Africa plans OTC derivatives market shakeup to curb risk
25th August 2025 South Africa’s financial watchdog is preparing new rules for the over-the-counter derivatives market that will require certain products to be... →
South Africa urged to factor climate risk into Monetary Policy
21st August 2025 South Africa’s central bank urgently needs to adopt a more flexible monetary-policy framework that incorporates climate-risk considerations, new... →
Rise Mzansi urges new pact to steady South Africa coalition
18th August 2025 South Africa’s 10-party coalition government should forge a new pact that outlines shared obligations and expected conduct to avoid the internal... →
Ramaphosa and Putin plan call to discuss war on Ukraine, peace push
18th August 2025 South African President Cyril Ramaphosa will hold talks with his Russian counterpart Vladimir Putin this week to discuss Moscow’s ongoing war on... →
Key data suggests South Africa GDP grew for third straight quarter
15th August 2025 South Africa’s economy probably expanded for a third successive quarter, buoyed by recoveries in the key manufacturing and mining sectors, although... →
South African govt, AMSA locked in talks over key mill’s fate
13th August 2025 South Africa’s government is locked in crisis talks with the local unit of ArcelorMittal to decide the fate of the company’s loss-making... →
Kganyago says CPI near 3% seen yielding lower rates
8th August 2025 South African Reserve Bank Governor Lesetja Kganyago said inflation is expected to quicken over the next couple of months before cooling and that... →
Senegal adds battery-storage capacity to grid to avoid blackouts
7th August 2025 Senegal is adding battery storage to its national power grid as part of efforts to stabilise electricity supply and avoid blackouts. State utility... →
Rwanda-backed M23 rebels killed 319 civilians in July, UN says
7th August 2025 At least 319 people, including dozens of women and children, were killed by the Rwanda-backed M23 rebel group that’s active in eastern Democratic... →