Bloomberg
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South Africa, US to resume trade talks as tariff deadline looms
18th June 2025 South Africa will resume trade talks with the Trump administration on the sidelines of the US-Africa Business Summit next week, with less than a... →
South Africa to give Transnet more guarantees to settle debt
13th June 2025 South Africa’s government said it will give Transnet additional guarantees so the troubled State ports and freight railway operator can settle all... →
Burundi ruling party wins all seats in National Assembly
12th June 2025 Burundi’s ruling party won all 108 seats in the national assembly following an election. Three indigenous lawmakers obtained seats to fulfill... →
Wars now displace over 122 million people as aid funding falls, UN says
12th June 2025 The number of people displaced by war and persecution around the world climbed above 122-million this year due to a failure to resolve multi-year... →
South Africa statistics chief defends jobless-data calculations
11th June 2025 The head of South Africa’s statistics agency defended the methodology of his organisation’s unemployment data after the chief of the nation’s top... →
Musk’s Starlink licence decision up to South African regulator, Malatsi says
10th June 2025 The decision whether to award Elon Musk’s Starlink an operating license in South Africa will ultimately rest with the country’s industry regulator,... →
Zambia sees economic growth surging to highest since 2021
10th June 2025 Zambia’s economy will expand at least 6% this year as Africa’s second-largest copper producer reaps the benefit of improved rainfall and higher... →
South Africa wins $1.5bn World Bank infrastructure loan
10th June 2025 The World Bank has approved a $1.5-billion loan to support structural reforms aimed at boosting South Africa’s infrastructure. The Washington-based... →
Mpox not under control in Africa as Sierra Leone cases jump
6th June 2025 Africa is set to record more mpox cases this year than it did in 2024, when an explosion of the virus prompted the declaration of an international... →
Trump travel ban could dampen relations, African Union warns
6th June 2025 US President Donald Trump’s travel ban on seven African nations could dampen economic and diplomatic ties, a continental bloc warned. Trump on... →
Godongwana awaiting inflation-targeting report
4th June 2025 Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting dispensation and he hasn’t decided whether... →
South Africa sees R870bn of debt savings with new CPI goal
3rd June 2025 A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as R870-billion in debt-service... →
Israel’s Gaza attacks spur European leaders to criticise Netanyahu
3rd June 2025 Some of Israel’s most loyal supporters in Europe are increasingly speaking out against the war in Gaza, with several nations, including Germany,... →
South Africa farm exports surge 10% as US shipments climb
2nd June 2025 South African agricultural exports rose 10% in the first quarter to $3.36-billion from a year earlier as port performance improved and shipments to... →
Kganyago provides fuel for best bond return in emerging markets
30th May 2025 South Africa’s central bank chief has given the country’s local-currency bonds another reason to add to their market-leading returns. Investors are... →
African Development Bank elects Mauritania’s Tah as President
29th May 2025 The African Development Bank elected Sidi Ould Tah as its new president, installing a former development banker at the helm of one of the most... →
Zambia inflation slows to 11-month low as food prices ease
29th May 2025 Zambia’s annual inflation eased to an 11-month low in May as improved rains helped cool food price rises of corn grain and vegetables. Consumer... →
EFF asks court to stop proposed fuel levy hike
29th May 2025 South Africa’s leftist Economic Freedom Fighters filed court papers in a bid to halt a proposed increase in fuel levies, the latest twist in a... →
Trump’s Trade strategy upended after court blocks global tariffs
29th May 2025 US President Donald Trump’s tariff strategy has been thrown into turmoil after a US court issued a rare rebuke blocking many of the import taxes he... →
Libya faces new oil shutdown threat after gunmen storm HQ
29th May 2025 Libya’s eastern government said it may shut down oil production and exports in protest after a militia aligned with rival authorities in the west... →
South Africa poised for rate cut to bolster economy
29th May 2025 The South African Reserve Bank looks set to ease borrowing costs on Thursday to support a faltering economy, before pausing to assess any further... →
Icasa probes illegal use of Starlink service in South Africa
28th May 2025 A South African regulator started a probe into allegations that Elon Musk-led SpaceX’s Starlink internet-satellite service was operating in the... →
Ramaphosa recalls his bemusement at Trump Oval Office encounter
27th May 2025 President Cyril Ramaphosa laughed off Donald Trump’s Oval Office ambush, in his first direct comments since returning from the encounter with his... →
Libyan peace push at risk from Trump funding cuts, UN envoy says
27th May 2025 Cuts in US funding for the United Nations may hamper efforts to reunite war-torn Libya, where deadly fighting and protests in the capital have sent... →
Rand shrugs off Trump and Budget to end week on a positive note
23rd May 2025 A week that started fraught with risks for the rand is ending on a positive note for the South African currency. The rand surged toward its sixth... →
South Africa plans legal workaround to smooth way for Starlink
23rd May 2025 South Africa’s government is proposing a workaround to Black ownership requirements that will pave the way for Starlink and other satellite... →
Congo Senate lifts ex-leader Kabila’s immunity from prosecution
23rd May 2025 Congo's senate voted overwhelmingly in favour of lifting former President Joseph Kabila's immunity from prosecution in a late night vote on... →
Trump’s ambush of Ramaphosa leaves South Africa reeling
22nd May 2025 South Africans watched aghast on Wednesday as US President Donald Trump berated their leader in the Oval Office over false claims that there’s a... →
Trump falsely insists Afrikaners face genocide in heated meeting
21st May 2025 US President Donald Trump rejected South African President Cyril Ramaphosa’s argument that there’s no genocide against White Afrikaners, airing a... →
South Africa arbiter proposes more pay to avoid logistics strike
21st May 2025 A third-party arbiter proposed a higher wage offer to South Africa’s State-owned ports and rail company and its unions in a bid to stave off a... →
South Africa to offer Musk Starlink deal before Trump meeting
20th May 2025 South Africa’s government plans to offer Elon Musk a workaround of local Black ownership laws for his Starlink internet service to operate in the... →
Nigeria to hold rates again on hazy inflation outlook
20th May 2025 Policymakers at Nigeria’s central bank are set to keep the key interest rate on hold for a second straight meeting to get a better grasp of the... →
Post Office to receive $21m to save 6 000 jobs
19th May 2025 South Africa’s Unemployment Insurance Fund will give the Post Office R381-million to prevent the loss of about 6 000 jobs. The UIF will pay the... →
African Central Banks to join emerging market peers easing rates
19th May 2025 Central banks in key African economies are getting set to line up with other emerging-markets in coming weeks and cut interest rates where... →
Transnet is running out of cash, Moody’s warns
16th May 2025 South Africa’s State-owned transport and logistics company, Transnet, will run out of money for operations and debt-servicing within three months... →
Steenhuisen lauds new Budget as ‘credible’
16th May 2025 The head of South Africa’s second-biggest political party said talks about the nation’s revamped budget are “are going very, very well,” a signal... →
Deputy Finance Minister sees Budget 3.0 as done deal
15th May 2025 South Africa’s deputy finance minister said next week’s national budget is set to secure approval from lawmakers, after two previous iterations... →
Rand surges after South Africa flags inflation-target change
15th May 2025 The rand surged to its strongest level against the dollar in two months and government bond yields fell after South Africa’s deputy finance... →
South Africa’s Land Bank in talks to raise as much as $1bn
15th May 2025 A State-owned South African bank that finances farmers is in talks with funders to raise as much as $1-billion as it recovers from a default five... →
Johannesburg’s ‘decay’ strains South Africa’s ruling coalition
15th May 2025 South Africa’s biggest parties are at odds over the governance of the country’s largest city, putting further strain on a tenuous national... →
Transnet, union in talks to avoid strike
14th May 2025 The biggest labour union at South Africa’s State-owned port and rail company are starting final talks with a third-party arbitrator to resolve a... →
