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South African rand weaker before Q1 current account data

South African rand weaker before Q1 current account data

5th June 2025 The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data. At 0551 GMT the rand traded at... 

Trump reinstates US travel ban, bars citizens of 12 countries

Trump reinstates US travel ban, bars citizens of 12 countries

5th June 2025 US President Donald Trump signed a proclamation on Wednesday banning the citizens of 12 countries from entering the United States, saying the move... 

Ivory Coast's final electoral list excludes opposition leader Thiam

5th June 2025 Ivory Coast opposition leader and former Credit Suisse chief Tidjane Thiam has been excluded from the country's final list of presidential... 

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S&P says South Africa needs faster growth to secure rating upgrade

S&P says South Africa needs faster growth to secure rating upgrade

4th June 2025 South Africa needs faster economic growth and credible fiscal consolidation to secure its first credit rating upgrade in two decades, a senior S&P... 

South African business confidence slips in second quarter of 2025 on tariff woes

South African business confidence slips in second quarter of 2025 on tariff woes

4th June 2025 South African business confidence fell in the second quarter of 2025, pressured by trade uncertainties due to US President Donald Trump's... 

Ivory Coast's final electoral list excludes opposition leader Thiam

4th June 2025 Ivory Coast opposition leader and former Credit Suisse chief Tidjane Thiam has been excluded from the country's final list of presidential... 

Nigeria's defence chief proposes fencing borders to curb insecurity

4th June 2025 Nigeria's defence chief on Tuesday called for the country's borders with its four neighbours to be completely fenced to curb the entrance of armed... 

South Africa's business activity growth hits four-year high, PMI shows

South Africa's business activity growth hits four-year high, PMI shows

4th June 2025 South African business activity grew at its fastest pace in four years in May, driven by a robust increase in private sector output and improved... 

Local debt markets could shield Africa as funding sources shrink, Moody's says

Local debt markets could shield Africa as funding sources shrink, Moody's says

4th June 2025 African countries should focus on developing liquid local debt markets in their home currencies to protect them from global volatility and fickle... 

EFF in court to block fuel tax increase

EFF in court to block fuel tax increase

3rd June 2025 The Economic Freedom Fighters went to court on Tuesday to try to block a fuel tax increase that Finance Minister Enoch Godongwana proposed in last... 

Rwanda-backed rebels in Congo executed civilians, Human Rights Watch says

Rwanda-backed rebels in Congo executed civilians, Human Rights Watch says

3rd June 2025 Rwanda-backed M23 rebels in Democratic Republic of Congo executed at least 21 civilians over two days in February in the eastern city of Goma,... 

Death toll in Nigeria floods rises to 151

2nd June 2025 Flooding in Nigeria's Niger State this week has killed 151 people and forced several thousand from their homes, an emergency official told Reuters... 

Insurgents overrun Mali base, killing dozens of soldiers, sources say

2nd June 2025 An Al Qaeda-linked rebel group active in West Africa's Sahel region has claimed responsibility for an attack on a military base in Mali on Sunday... 

South African rand gains before manufacturing PMI, vehicle sales data

South African rand gains before manufacturing PMI, vehicle sales data

2nd June 2025 The South African rand gained some ground against a weaker dollar in early trade on Monday, ahead of a purchasing managers' index (PMI) survey for... 

Ethiopia, IMF staff agree programme review that could unlock $260-million

Ethiopia, IMF staff agree programme review that could unlock $260-million

30th May 2025 Ethiopia and the International Monetary Fund have reached a staff-level agreement on the third review of the country's $3.4-billion loan programme... 

South African rand falls back after strong gains

South African rand falls back after strong gains

30th May 2025 The South African rand retreated on Friday following strong recent gains, but analysts said the outlook for the currency remained positive. The... 

Congo ex-president Kabila makes first public appearance in rebel-held Goma

Congo ex-president Kabila makes first public appearance in rebel-held Goma

30th May 2025 Former Congolese President Joseph Kabila appeared for the first time in public in rebel-held territory in the country's volatile east on Thursday,... 

Nigeria detains soldiers, police over weapons sales to armed groups

30th May 2025 The Nigerian military has detained over two dozen soldiers and members of the police force over sales of weapons from military stockpiles to armed... 

South African rand holds gains after SARB focuses on lower inflation target

South African rand holds gains after SARB focuses on lower inflation target

30th May 2025 The South African rand held most of the previous day's gains in early trade on Friday, after the central bank stressed its strong preference for a... 

Kenya inflation slows to 3.8% year-on-year in May

Kenya inflation slows to 3.8% year-on-year in May

30th May 2025 Kenya's inflation fell to 3.8% year-on-year in May from 4.1% a month earlier, the statistics office said on Friday. In month-on-month terms... 

Uganda says it will borrow 500-million euros, including from Afreximbank

Uganda says it will borrow 500-million euros, including from Afreximbank

30th May 2025 Uganda plans to borrow a total of 500-million euros ($568-million) from three lenders including Afreximbank to finance infrastructure development,... 

South African central bank cuts key rate with inflation well-contained

South African central bank cuts key rate with inflation well-contained

29th May 2025 South Africa's central bank cut its main interest rate by 25 basis points to 7.25% on Thursday, after inflation came in below its target range for... 

South Africa producer inflation unchanged at 0.5% y/y in April

South Africa producer inflation unchanged at 0.5% y/y in April

29th May 2025 South Africa's producer inflation was at 0.5% year on year in April, unchanged from March, statistics agency data showed on Thursday. The Producer... 

Nigeria's Tinubu touts economic gains at mid-term but inflation and insecurity persist

Nigeria's Tinubu touts economic gains at mid-term but inflation and insecurity persist

29th May 2025 Nigerian President Bola Tinubu on Wednesday marked his second anniversary in office by declaring that his economic reforms were working, but... 

South African rand stable as traders wait for interest rate decision

South African rand stable as traders wait for interest rate decision

28th May 2025 The South African rand was steady on Wednesday, a day ahead of the central bank's interest rate decision. At 1329 GMT, the rand traded at 17.9375... 

Surge in cedi currency eases Ghana's foreign debt burden

28th May 2025 Ghana's cedi currency has jumped more than 40% versus the US dollar this year, far outperforming its African and emerging market peers, shrinking... 

Sudan war shatters infrastructure, costly rebuild needed

28th May 2025 Destroyed bridges, blackouts, empty water stations and looted hospitals across Sudan bear witness to the devastating impact on infrastructure from... 

Congo ex-president Kabila visits rebel-held Goma for talks, associates say

Congo ex-president Kabila visits rebel-held Goma for talks, associates say

28th May 2025 Congolese former president Joseph Kabila has arrived in the rebel-held eastern city of Goma for talks with locals, three people close to him told... 

South Africa GDP growth outlook gets biggest cut since early 2023; SARB to trim rates

South Africa GDP growth outlook gets biggest cut since early 2023; SARB to trim rates

28th May 2025 Economists have cut their consensus forecast for South African economic growth this year by 0.3 percentage points in May, in the biggest single... 

South African rand stable as traders wait for interest rate decision

South African rand stable as traders wait for interest rate decision

28th May 2025 The South African rand was flat in early trade, as traders held off from big bets before the central bank's interest rate decision on Thursday. At... 

AfDB cuts Africa's 2025 growth forecast on trade tariffs uncertainty

AfDB cuts Africa's 2025 growth forecast on trade tariffs uncertainty

27th May 2025 Africa's economic output is expected to grow by 3.9% this year, the African Development Bank (AfDB) said in its annual African Economic Outlook... 

Congo faces rising military costs, tax shortfall in revised 'combat budget'

27th May 2025 Congo is grappling with soaring military costs and declining tax revenues due to an offensive by Rwandan-backed rebels, who now occupy much of the... 

South African rand weakens, interest rate decision ahead

South African rand weakens, interest rate decision ahead

27th May 2025 South Africa's rand weakened early on Tuesday, with investors focussed firmly on the central bank's impending interest rate decision later this... 

World Bank cuts Kenya's 2025 growth forecast as private sector squeezed

World Bank cuts Kenya's 2025 growth forecast as private sector squeezed

27th May 2025 The World Bank has cut Kenya's growth forecast for this year by half a point from its initial prediction to 4.5%, it said on Tuesday, citing high... 

African Development Bank to pick new head to confront US funding cuts

African Development Bank to pick new head to confront US funding cuts

26th May 2025 The African Development Bank is meeting in Ivory Coast this week to pick a new president at a time when the continent's biggest multilateral lender... 

US to impose sanctions on Sudan after finding government used chemical weapons

23rd May 2025 The United States said on Thursday it would impose sanctions on Sudan after determining that its government used chemical weapons in 2024 during... 

IMF says board on track to weigh third review of Ethiopia deal in time

IMF says board on track to weigh third review of Ethiopia deal in time

23rd May 2025 The International Monetary Fund expects its board to consider the third review of Ethiopia's $3.4-billion programme within the set out timeline, a... 

Trump ambush a sideshow, as South African investors focus on coalition

Trump ambush a sideshow, as South African investors focus on coalition

23rd May 2025 For investors, the spectacle of South African President Cyril Ramaphosa's fraught Oval Office encounter with US counterpart Donald Trump was little... 

Kenya says Tanzanian authorities have released activist

22nd May 2025 Tanzania has released a Kenyan activist who had been arrested after he tried to attend a hearing in the treason case against a detained opposition... 

South Africa to cut spending if tax agency doesn't meet target

South Africa to cut spending if tax agency doesn't meet target

22nd May 2025 South Africa will need to slash spending if its tax agency does not meet its revenue collection target this year, Finance Minister Enoch Godongwana... 

South Africans exasperated by Trump's false claims during Ramaphosa meeting

South Africans exasperated by Trump's false claims during Ramaphosa meeting

22nd May 2025 South Africans expressed dismay on Thursday at how US President Donald Trump's false claims of a white genocide-dominated a conversation with... 

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