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Jonas sidelined in talks to reset relations with US
16th July 2025 Three months after South Africa appointed Mcebisi Jonas as a special envoy to the US and tasked him with helping reset bilateral relations with... →
Tariffs, China deflation cloud South Africa CPI, Kganyago says
15th July 2025 South African central bank chief Lesetja Kganyago flagged that dollar depreciation because of US tariffs and deflation in China are clouding the... →
South Africa aims to forge G20 accord despite ongoing US enmity
14th July 2025 South Africa expressed confidence that it can get finance ministers and central bank governors from the Group of 20 nations to agree on a... →
G20 agenda eclipsed as Bessent skips South Africa meeting again
14th July 2025 For the second time this year, the world’s most powerful finance ministers gather in South Africa without the presence of the US Treasury... →
Tariff turmoil masks South Africa’s recovery, Standard Bank says
11th July 2025 The chaos wrought by a recent wave of US tariff actions may be obscuring early signs of recovery in South Africa’s economy, Standard Bank Group... →
Africa ends decade of debt distress with Mozambique spread fall
11th July 2025 For the first time in a decade, no African country has a sovereign risk premium in distress territory. The average additional yield on Mozambique’s... →
Cost of hedging for declines in Rand, Real soars on tariff peril
11th July 2025 The gyrations of South Africa’s rand and Brazil’s real illustrate the complexities traders face in evaluating the potential impact of US tariffs.... →
Trump’s foreign-aid cuts are ending lives — and US influence
10th July 2025 The White House has hailed H.R. 1, aka the One Big Beautiful Bill Act, as a “once-in-a-generation piece of legislation” that puts “America First.”... →
African Central Banks weigh policy options amid Trump’s tariffs
10th July 2025 Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the impact of US President... →
Trump to host African leaders offering major mining ventures
9th July 2025 US President Donald Trump is scheduled this week to meet the leaders of five African nations that will potentially offer American businesses... →
South Africa to tap private firms to revamp crumbling courts
9th July 2025 South Africa’s Department of Justice and Constitutional Development will heed advice from the finance minister and ask private companies to help... →
South Africa’s low growth leaves citizens poorer than global average, Investec says
9th July 2025 South Africa’s anaemic economic growth since 2010 has left its population significantly poorer than the global average, according to Investec... →
Zimbabwe currency reserves backing ZiG climb to record
9th July 2025 Gold and foreign-currency reserves backing Zimbabwe’s bullion-linked monetary unit rose to a record in June, the central bank said. The reserves... →
Trump sets Aug 1 start for tariffs ahead of Wednesday deadline
7th July 2025 US President Donald Trump plans to announce trade deals and deliver tariff warnings on Monday, as countries negotiated through the weekend to avoid... →
JPMorgan, Goldman Sachs see more upside for South African stocks
7th July 2025 South African stocks are poised to extend their rally in the second half, buoyed by an improving outlook for the domestic economy and supportive... →
Trump tariffs sour the fortunes of South Africa’s citrus farmers
7th July 2025 Walk down the aisles of a Trader Joe’s or Whole Foods Market in the US, and chances are many of the piles of oranges, lemons, limes and grapefruit... →
Vanishing inflation expectations fuel South African bond rally
4th July 2025 Dwindling inflation expectations are setting South African government bonds up to extend a rally that’s already taken benchmark yields to five-year... →
AfDB cuts South Africa growth outlook by half on trade concerns
2nd July 2025 South Africa must accelerate structural reforms to offset global challenges that include US President Donald Trump’s trade war, the African... →
Treasury warns against changing Sarb ownership
2nd July 2025 Changing the ownership structure of the South African Reserve Bank could generate fears among investors about expropriation and create more... →
South Africa inflation expectations drop to near four-year low
2nd July 2025 South African inflation expectations fell to an almost four-year low, providing policymakers with another reason to press ahead with their easing... →
State capture, graft holding back Kenya’s economy, AfDB says
2nd July 2025 Kenya needs to tackle graft that’s draining the nation’s finances and undermining economic growth, according to the African Development Bank.... →
Kganyago sees inflation-target work complete soon
1st July 2025 A review of South Africa’s inflation target by the National Treasury and the nation’s central bank is close to completion, Governor Lesetja... →
Guinea proposes extension of presidential term to seven years
30th June 2025 Guinea’s interim parliament proposed that presidential term limits be extended, months before the country is scheduled to hold elections after four... →
Rand strengthens as South Africa’s coalition avoids collapse
30th June 2025 South Africa’s currency gained after the nation’s fractious ruling coalition weathered its latest storm when a key partner opted to remain in the... →
Kganyago bolsters case for lower inflation target
30th June 2025 South African Reserve Bank Governor Lesetja Kganyago reinforced his argument for adopting a lower inflation target, noting that the current goal... →
Musk’s Starlink eyes R2bn South Africa investment
30th June 2025 Billionaire Elon Musk’s Starlink, in a potential workaround of South Africa’s Black-empowerment rules to gain an operating license, may invest... →
Prabowo set to attend Brics Summit after Indonesia joins Bloc
27th June 2025 Indonesian President Prabowo Subianto is set to attend the Brics summit next month in Brazil, marking his first meeting with the bloc since the... →
Ramaphosa accused of ‘double standard’ in Whitfield saga
27th June 2025 President Cyril Ramaphosa fired a deputy minister from the second-largest party in the ruling coalition on Thursday, a move that renews strain on... →
South African consumer confidence recovers in second quarter
26th June 2025 South African consumer confidence recovered in the second quarter as a proposed increase in consumer taxes was scrapped and an impasse in the... →
South Africa posts first successive primary surplus in 16 years
26th June 2025 South Africa achieved its first back-to-back primary budget surplus in 16 years, signalling its commitment to fiscal discipline. Africa’s... →
China tells Brazil Xi Jinping will miss Brics Summit in Rio
25th June 2025 Brazil was told by the Chinese government that President Xi Jinping will miss the summit of Brics leaders that will take place in Rio de Janeiro... →
Lungu's funeral in SA stalled as Zambia, family feud in court
25th June 2025 Zambia asked a South African court to halt the planned burial of ex-President Edgar Lungu, who died June 5, ratcheting up a feud between the... →
South African auto firms, bracing for tariffs, face wage talks test
24th June 2025 A potential deadlock over pay increases for South Africa’s automotive sector workers risks shutting down an industry that accounts for more than a... →
Angolan President urges US firms to invest beyond oil, minerals
23rd June 2025 Angolan President Joao Lourenco called on US companies to expand their investments in Africa beyond traditional oil and mineral extraction to... →
ANC regains ground, poll finds
23rd June 2025 Support for South Africa’s biggest political party rebounded after it was forced to scrap plans to raise value-added tax and now stands at 40%, the... →
Toyota files R6.5bn South Africa flood damage lawsuit – Business Day
20th June 2025 Toyota Motors Corp. has brought a lawsuit for R6.5-billion in a South African court for 2022 flood damages that shuttered its plant near Durban,... →
South Africa banks at risk from trade, war shocks, Sarb says
19th June 2025 Growing geopolitical tensions and global policy uncertainty are among the biggest risks facing South Africa’s financial industry, the central bank... →
Nigeria orders crackdown after dozens killed in key farm region
19th June 2025 Nigerian President Bola Tinubu ordered security agencies to hunt down the perpetrators of a massacre in a key food-producing region that’s... →
South Africa declares national disaster after floods kill 92
19th June 2025 South Africa declared a national disaster after floods and snow killed more than 90 people and destroyed roads and bridges in four of the country’s... →
IMF says Zimbabwe’s economy has made ‘significant progress’
19th June 2025 The International Monetary Fund said Zimbabwe’s economic reforms have made “significant progress,” but the nation still has more work to do before... →
Israel begins repatriation of citizens
18th June 2025 Israel is repatriating tens of thousands of its citizens stranded abroad after a flare-up in fighting with Iran, deploying emergency airlifts and... →