Bloomberg
Bloomberg delivers business and markets news, data, analysis, and video to the world, featuring stories from Businessweek and Bloomberg News.
Ramaphosa says Trump’s Afrikaner refugee programme is misguided
12th May 2025 Dozens of White Afrikaners are scheduled to arrive in the US on Monday, the first beneficiaries of a controversial resettlement programme... →
South African suppliers truck fuel as pipeline fees spike
12th May 2025 South African fuel suppliers are looking to utilise trucks to transport the commodity inland as the cost of using the nation’s main pipeline... →
Eswatini plans $275m wealth fund
12th May 2025 The southern African Kingdom of Eswatini plans to start a sovereign wealth fund of around 5-billion emalangeni ($275-million) this year to help... →
South African port union plans more talks to end wage dispute
9th May 2025 The main labour union at South Africa’s state port and rail company said it will continue talks next week aimed at resolving a wage dispute and... →
USAID’s demise threatens a vital health and climate solution in Africa
9th May 2025 The Trump administration’s gutting of the US Agency for International Development, with 80% of its programmes now cancelled, is a blow for clean... →
South African stocks see renewed interest from foreign investors
8th May 2025 The longest streak of inflows into South Africa’s equity market in more than two years signals a pickup in foreign demand as investors look for... →
Trump aid cut threatens Africa’s growth, AfDB candidate warns
8th May 2025 US President Donald Trump’s plan to cut hundreds of millions of dollars of funding to the African Development Bank will hit growth on the... →
Kenyan leader Ruto switches tack on taxes after deadly protests
7th May 2025 Kenyan President William Ruto plans to scrap some tax breaks to help shore up the state’s coffers, a change in strategy that comes after proposals... →
AfDB President candidate advocates tapping Middle East finance
2nd May 2025 The African Development Bank should do more to tap finance from oil-rich Middle Eastern nations and access the money held by pension funds on the... →
Mastercard Foundation to spend $300m on Africa refugees
29th April 2025 The Mastercard Foundation will spend $300-million to help about 500 000 refugees in Africa complete their education, giving them a pathway to jobs.... →
Ramaphosa agrees to establish commission into Apartheid crimes
29th April 2025 President Cyril Ramaphosa has agreed to establish a commission of inquiry into alleged political interference in the prosecution of crimes... →
DA rules out quitting coalition
25th April 2025 The leader of the Democratic Alliance said his party remains committed to being part of the nation’s coalition government despite ongoing wrangling... →
Inflation eases to an almost five-year low
23rd April 2025 South African inflation slowed to an almost five-year low in March, taking it below the floor of the central bank’s target range. The consumer... →
US, South Africa to hold trade talks this week – Reports
23rd April 2025 The US and South Africa will hold a first round of bilateral talks this week after the Trump administration imposed tariffs on goods and amid... →
IMF slashes global growth forecast, says downside risks dominate
22nd April 2025 The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate... →
Zambia to sign final bilateral debt-revamp deals by September
22nd April 2025 Zambia aims to sign debt-restructuring deals with its remaining bilateral creditors by the third quarter, said Finance Minister Situmbeko... →
Central banks stare into trade-war abyss with rate cuts primed
22nd April 2025 Global central banks will mostly stand ready for interest-rate cuts in coming months to cushion their economies from US President Donald Trump’s... →
African nations face new funding crunch amid trade tensions
17th April 2025 Just as regional finance ministers were beginning to get over what the International Monetary Fund dubbed “the great funding squeeze” in the... →
South African court ends R8bn rail contract in anti-graft push
17th April 2025 A South African court set aside an R8-billion contract between the State rail operator and a company that’s now a unit of Wabtec Corp for 233... →
ANC lags DA in new voter opinion poll
16th April 2025 Support for the African National Congress, which ruled South Africa outright for three decades after apartheid rule ended, has slipped further... →
Fuel pumps run dry in Mozambique capital as dollar deficit bites
15th April 2025 From empty fuel pumps to dollars selling for a steep premium on the street, Mozambique’s foreign-currency crunch is becoming increasingly obvious... →
Nigeria is alone as Africa sits-out tariff-fuelled currency interventions
11th April 2025 African nations aren’t rushing to prop up their local currencies and tap their limited foreign-exchange reserves, even as US President Donald... →
South Africa’s top lender plans private bank for Ghana’s wealthy
11th April 2025 A unit of FirstRand, South Africa’s biggest bank by market capitalisation, plans to set up private banking services in Ghana and bolster its... →
Zimbabwe debt woes grow as State mining firm faces asset seizure
10th April 2025 A State-owned Zimbabwean mining firm is trying to protect assets that risk being seized because the country failed to honour a debt incurred when... →
Zimbabwe issues Dollar Bonds to pay ex-farmers for land grabs
9th April 2025 Zimbabwe issued treasury bonds worth $308-million and made small cash payments to White farmers who were dispossessed of their property 25 years... →
US lawmakers revive call for review of South African relations
4th April 2025 Two US lawmakers introduced a bill to review South Africa’s ties with Washington, alleging that it supports America’s adversaries. Ronny Jackson, a... →
Zimbabwe’s plan to drop the dollar is faltering on ZiG crunch
4th April 2025 A liquidity crunch in Zimbabwe is deepening the economy’s embrace of the US dollar and undermining the bullion-backed currency introduced by the... →
South Africa targets development finance giants for funds to revive cities
4th April 2025 South Africa, already counting on a $1-billion loan from the World Bank to regenerate its rundown cities, is seeking funding from some top global... →
South Africa’s coalition teeters as Budget shows widening rift
3rd April 2025 South Africa’s ruling coalition risks unravelling after a dispute between its main members over proposed tax increases deepened, pummelling the... →
Investment banker says uncertainty imperils South Africa’s deals
3rd April 2025 Fractures within the South African government — along with global macroeconomic uncertainty — are weighing on dealmaking activity in the... →
Expropriation needed for South African growth, Macpherson says
1st April 2025 South Africa needs an effective and fair land expropriation law to help ignite economic growth and revamp its dilapidated cities, the country’s... →
Africa’s best-performing currency helps Uganda cut power prices
1st April 2025 Uganda cut power prices by the most in two decades, helped in part by an appreciating currency that lowered the cost of imported fuel and... →
South African business outlook muddied by deteriorating US ties
1st April 2025 South African business sentiment remained in contractionary territory for a fifth straight month as a recovery in demand struggles to pick up pace... →
Botswana seeks new Eskom power deal as supply crisis deepens
1st April 2025 Government officials from Botswana will meet with South Africa’s electricity ministry this week after power-import costs more than doubled,... →
As US cuts HIV assistance, South Africa turns to miners, insurer
1st April 2025 Weeks after the administration of US President Donald Trump gutted the country’s aid programs, cancelling billions of dollars of funding used to... →
Business suffers in Zimbabwe’s major cities amid call for protests
31st March 2025 Zimbabwe’s capital Harare and its second city Bulawayo were quiet on Monday despite calls for protests against the southern African nation’s... →
DA sees ‘good chance’ of Budget deal by Wednesday
31st March 2025 The Democratic Alliance (DA), the second-biggest group in the country’s coalition government, sees a “good chance” of an agreement on the nation’s... →
Targeted by Trump, South Africa seeks to reset trade relations
28th March 2025 South Africa is working to reset US relations that have been under assault by Donald Trump since his return to the White House. Pretoria is... →
Fruits of decades of AIDS vaccine research harmed by Trump’s withdrawal of US funding
28th March 2025 After decades of failed attempts, scientists were optimistic that a new generation of HIV vaccine candidates would finally succeed — changing the... →
IDC weighs taking control of AMSA
27th March 2025 A South African State development bank is considering taking a majority stake in the local unit of ArcelorMittal South Africa (AMSA) as it tries to... →
World Bank, South Africa have $3bn plan to rescue cities
27th March 2025 South Africa, with the help of the World Bank, has a $3-billion plan to reverse the decline in services and infrastructure in eight of its biggest... →
