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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... →
Zambia’s Bonds sink most in emerging markets after IMF’s warning
6th August 2025 Zambia’s dollar-denominated bonds led losses among emerging peers on Wednesday after the IMF warned that the country’s capacity to service its debt... →
G20 needs to fix debt revamp framework, top African banker says
6th August 2025 The Group of 20 should consider improving its debt restructuring framework for poor nations, the former vice president of the African Development... →
Africa’s critical minerals key to clean-energy drive, AFC says
6th August 2025 Africa’s role in the global pivot toward cleaner sources of energy should focus on increasing the supply of critical minerals needed to make the... →
Burundi picks Finance Minister Ntahontuye as new Prime Minister
5th August 2025 Burundi’s National Assembly has elected Nestor Ntahontuye as the new prime minister, just eight months after he was named finance minister.... →
South Africa plans jail time, fines under new emissions rules
4th August 2025 South Africa will seek jail time, fines and higher taxes for breaches of proposed rules to govern carbon emissions that will apply to almost all... →
Most South African small firms at risk of collapse, survey finds
1st August 2025 More than half South Africa’s small businesses don’t expect to survive for more than a year, a survey backed by lender Absa Group found. Some 53%... →
Zambia inflation slows to 2023 low, sets stage for rate cut
31st July 2025 Zambia’s annual inflation cooled to its lowest level since November 2023 as currency appreciation helped curb the cost of imports, strengthening... →
South Africa urged to sweeten US trade deal before tariff deadline
31st July 2025 The US urged South Africa to improve its trade offer as Pretoria waits to hear what tariff US President Donald Trump will impose on its exports to... →
South Africa set to cut interest rates as tariff details awaited
31st July 2025 The South African Reserve Bank (SARB) is poised to extend its longest easing cycle since 2019 on the eve of stiffer US trade tariffs, which are... →
South African State insurer builds $1.1bn buffer for riots
30th July 2025 South Africa’s State-owned risk insurer, which the government bailed out so it could meet claims stemming from riots four years ago, has built up a... →
Zambia seeks 12-month extension to IMF deal ahead of elections
30th July 2025 Zambia’s cabinet has cleared the way for the southern African nation to request a 12-month extension of its International Monetary Fund programme,... →
World Bank plans securitisation, debt swaps to boost development
30th July 2025 The World Bank is considering securitising some of the projects it’s backing to attract more private funding as it prepares to roll out a series of... →
Bain shuts scandal-tainted South African consulting business
29th July 2025 Bain & Co. is closing down its consultancy business in Johannesburg, likely bringing to an end a years-long battle to try and restore its... →
Bank of America sees South African inflation target by end of 2027
29th July 2025 South Africa’s move to a lower 3% inflation target may be phased in by the end of 2027, potentially resulting in official interest rates moderating... →
World Bank chief says Zimbabwe needs G20 help to exit debt trap
28th July 2025 Zimbabwe’s best chance of exiting a 25-year debt default is to engage the Group of 20 nations to help formulate a solution and stop trying to work... →
Treasury seeks to supplement FX borrowing programme
25th July 2025 National Treasury invited proposals on “innovative and cost-efficient” ways to supplement the government’s foreign-currency borrowing programme in... →
Deadly child malnutrition surges in Nigeria as aid cuts bite
25th July 2025 Deadly child malnutrition is soaring in northern Nigeria amid rampant inflation, simmering conflict and sharp cuts to foreign aid. Children... →
