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South African rand extends losses as traders await outcomes of rate meeting, US tariffs

South African rand extends losses as traders await outcomes of rate meeting, US tariffs

29th July 2025 The South African rand weakened on Tuesday, with investor attention pinned on the outcome of the country's monetary policy meeting and updates on... 

Global hunger falls but conflict and climate threaten progress, UN says

Global hunger falls but conflict and climate threaten progress, UN says

29th July 2025 The number of hungry people around the world fell for a third straight year in 2024, retreating from a COVID-era spike, even as conflict and... 

Ghana deploys soldiers to quell northern chieftancy dispute

28th July 2025 Ghana has deployed more soldiers to a northeastern region where a long-running conflict over chieftancy has fuelled recent violence, including... 

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Transnet secures more than R95bn in fresh govt guarantees

Transnet secures more than R95bn in fresh govt guarantees

28th July 2025 South Africa's government will give Transnet an additional R94.8-billion rand guarantee facility to support the ailing State-owned logistics firm's... 

South African assets lose ground in cautious pre-weekend trade

South African assets lose ground in cautious pre-weekend trade

25th July 2025 South Africa's risk-sensitive rand, stocks and government bonds lost ground on Friday with the possibility of new developments in the United... 

Sudan's Islamists plot post-war comeback by supporting army

25th July 2025 The Islamist movement toppled in Sudan's uprising in 2019 could support an extended period of army rule as it eyes a political comeback after... 

Brazil to join South Africa's Gaza genocide case against Israel at ICJ

Brazil to join South Africa's Gaza genocide case against Israel at ICJ

24th July 2025 Brazil is finalising its submission to join South Africa's genocide case against Israel's actions in Gaza at the International Court of Justice,... 

Rwandan rebels' fate clouds Trump's vision for mineral-rich Congo

Rwandan rebels' fate clouds Trump's vision for mineral-rich Congo

24th July 2025 Moves to end fighting in eastern Congo that are essential to US President Donald Trump's plans for a mining bonanza in the region are meant to get... 

Rwandan President Kagame appoints new prime minister

Rwandan President Kagame appoints new prime minister

24th July 2025 President Paul Kagame has replaced Rwanda's long-serving prime minister, naming the deputy governor of the central bank, who was once pardoned for... 

South Africa's parliament passes last major budget bill

South Africa's parliament passes last major budget bill

24th July 2025 South Africa's lower house of parliament on Wednesday passed the last major piece of annual budget legislation, after the two biggest parties in... 

Kenya's debt costs to remain high due to local borrowing, Moody's says

Kenya's debt costs to remain high due to local borrowing, Moody's says

23rd July 2025 Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the government leans on the... 

Nigeria's Senate approves President Tinubu's $21 billion external borrowing plan

Nigeria's Senate approves President Tinubu's $21 billion external borrowing plan

23rd July 2025 Nigeria's Senate has approved President Bola Tinubu's plan for more than $21-billion in foreign borrowing to plug shortfalls in the 2025 budget, a... 

Kenya rights activist freed on bail, charged with unlawful possession of ammunition

21st July 2025 Kenyan human rights activist Boniface Mwangi, who has played a prominent role in anti-government protests, was freed on bail on Monday after being... 

South African rand flat with inflation the week's main focus

South African rand flat with inflation the week's main focus

21st July 2025 The South African rand held steady in early trade on Monday, with the main focus this week on inflation data that will influence the central bank's... 

Zambia sees economic growth picking up to 6.4% next year

Zambia sees economic growth picking up to 6.4% next year

21st July 2025 Economic growth in Zambia is expected to accelerate to 6.4% next year from 5.8% this year, driven by its mining and agriculture sectors, the... 

'We are on our own' – Africa looks within to weather growing global tariff turmoil

'We are on our own' – Africa looks within to weather growing global tariff turmoil

18th July 2025 African leaders are pushing to speed up implementation of a continent-wide deal to boost trade as growing concerns over US tariffs, including rates... 

G20 finance chiefs approach consensus in South Africa despite US tariff tensions

G20 finance chiefs approach consensus in South Africa despite US tariff tensions

18th July 2025 Finance chiefs of G20 countries were close to agreeing a common position on trade and other global challenges on Friday, which would be the first... 

US eyes 'back to basics' revamp of G20 when it assumes presidency next year

US eyes 'back to basics' revamp of G20 when it assumes presidency next year

18th July 2025 The United States aims to pare the Group of 20 major economies back to its financial roots next year when it takes over the rotating presidency... 

World's oldest climate fund targets wildlife bonds for every country in Africa

World's oldest climate fund targets wildlife bonds for every country in Africa

17th July 2025 The world's oldest multilateral climate fund, the Global Environment Facility, is planning a new wave of wildlife conservation bonds in a bid to... 

Ghana's central bank convenes emergency MPC meeting

Ghana's central bank convenes emergency MPC meeting

17th July 2025 Ghana's central bank convened an emergency meeting of its Monetary Policy Committee on Thursday to assess recent economic developments, the bank... 

G20 finance chiefs to meet under tariff cloud in South Africa

G20 finance chiefs to meet under tariff cloud in South Africa

17th July 2025 G20 finance chiefs will meet in South Africa on Thursday under the shadow of President Donald Trump's tariff threats and questions over their... 

Eskom targets mainly clean energy sources by 2040

Eskom targets mainly clean energy sources by 2040

16th July 2025 South African State-owned power utility Eskom aims to shift to mainly clean energy sources by 2040 from its current predominantly coal-based... 

Egypt says it expects combined IMF review to be completed by October

16th July 2025 Egypt's Finance Minister Ahmed Kouchouk said on Wednesday he was confident the country would hit its key economic reform targets and have a delayed... 

Trump's tariffs put 100 000 jobs at risk in South Africa, Kganyago says

Trump's tariffs put 100 000 jobs at risk in South Africa, Kganyago says

16th July 2025 US President Donald Trump's tariffs on South Africa could cause around 100 000 job losses, with the agriculture and automotive sectors hardest-hit,... 

Issues on the agenda at the G20 finance meeting in South Africa

Issues on the agenda at the G20 finance meeting in South Africa

16th July 2025 Group of 20 finance officials meet in South Africa from Thursday amid trade tensions, a global economic slowdown and Washington's threat to... 

US says it has sent third-country deportees to Eswatini

US says it has sent third-country deportees to Eswatini

16th July 2025 The US Homeland Security Department said on Tuesday a deportation flight carrying immigrants from different countries had landed in Eswatini, in a... 

Nigeria bids farewell to former leader Buhari with burial in home state

Nigeria bids farewell to former leader Buhari with burial in home state

16th July 2025 Nigeria's former President Muhammad Buhari was buried on Tuesday in the backyard of his home in northern Katsina state, as residents climbed trees... 

Durban G20 talks will seek to deepen global ties in

Durban G20 talks will seek to deepen global ties in "turbulent times," German sources say

15th July 2025 A meeting of finance ministers and central bank governors from the Group of 20 in Durban, South Africa, will seek to deepen global relationships in... 

Morocco's economic growth to slow to 4% in 2026, statistics agency says

Morocco's economic growth to slow to 4% in 2026, statistics agency says

15th July 2025 Morocco's economic growth is likely to slow down to 4% next year from 4.4% expected this year, the official statistics agency HCP said on Tuesday,... 

S&P Global downgrades Senegal's rating over soaring debt levels

S&P Global downgrades Senegal's rating over soaring debt levels

15th July 2025 Senegal's sovereign credit rating was cut by S&P Global to B- late on Monday and immediately put on a negative outlook - effectively another... 

Bessent no-show, Brics tensions set to cast shadow over Durban G20 meeting

Bessent no-show, Brics tensions set to cast shadow over Durban G20 meeting

15th July 2025 Another no-show by US Treasury Secretary Scott Bessent, Donald Trump's tariff threats and rising tensions between Washington and Brics countries... 

Nigeria's former leader Buhari to be buried on Tuesday, official says

Nigeria's former leader Buhari to be buried on Tuesday, official says

14th July 2025 Nigeria's late former President Muhammadu Buhari, who died in a London clinic on Sunday aged 82, will be buried in his northern home state of... 

South African rand starts week muted as tariff uncertainty hangs over markets

South African rand starts week muted as tariff uncertainty hangs over markets

14th July 2025 The South African rand was softer in early trade on Monday as investors mulled over US President Donald Trump's latest tariff threats. At 0627 GMT... 

Cameroon's Biya, 92, announces bid for eighth presidential term

14th July 2025 Cameroon's President Paul Biya, the world's oldest serving head of state at 92, will run for re-election in this year's presidential vote on... 

Ramaphosa removes police minister over criminal link allegations

Ramaphosa removes police minister over criminal link allegations

13th July 2025 President Cyril Ramaphosa placed police minister Senzo Mchunu on immediate leave of absence on Sunday, following accusations by a top police... 

Kenya swears in top electoral officials after president's approval

Kenya swears in top electoral officials after president's approval

11th July 2025 Kenya swore in a group of top electoral officials on Friday, hours after their approval by President William Ruto, filling essential positions... 

Shell gets permission to drill off South Africa's west coast

Shell gets permission to drill off South Africa's west coast

11th July 2025 Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.... 

Nigeria says US pressuring Africa to accept Venezuelan deportees

Nigeria says US pressuring Africa to accept Venezuelan deportees

11th July 2025 Nigeria's foreign minister said the United States was pressuring African countries to accept Venezuelan deportees, some straight out of prison, but... 

South African rand subdued as investors await tariff updates and local data

South African rand subdued as investors await tariff updates and local data

11th July 2025 The South African rand took a knock against a firmer dollar in early trade on Friday, as global markets remained on edge over US President Donald... 

Kenyan president approves new officials to head elections body

Kenyan president approves new officials to head elections body

11th July 2025 Kenya's President William Ruto has approved a new chairperson and commissioners to head the elections commission, a legal notice showed, filling... 

Trump presses African leaders to take deported migrants, sources say

Trump presses African leaders to take deported migrants, sources say

10th July 2025 The Trump administration this week pressed five African presidents to take in migrants from other countries when they are deported by the US, two... 

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