Bloomberg
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Africa Central Banks set to usher in wave of rate cuts as year ends
Updated 2 hours 47 minutes ago A wave of African central banks is set to cut interest rates at their final policy meetings of the year as inflation eases, a move that could... →
South Africa hits out at credit rating ‘bias’ as upgrade awaited
14th November 2025 South Africa would welcome an upgrade of its credit score, but Finance Minister Enoch Godongwana — who says ratings-company bias against the... →
Eskom’s borrowing costs fall as investors warm to turnaround
12th November 2025 A measure of Eskom’s credit risk has narrowed to the lowest in a year as investors deepen bets that South Africa’s State-owned power utility has... →
ArcelorMittal, IDC end exclusive South Africa talks with no deal
11th November 2025 ArcelorMittal’s exclusive talks with South Africa’s biggest development finance institution regarding its potential sale of its local steel... →
South Africa starts trial of first self-made vaccine in 50 years
11th November 2025 South Africa started a clinical trial for its oral cholera inoculation, the first developed from scratch locally in 50 years as President Cyril... →
Goldman sees South Africa ratings upgrade this week after budget
11th November 2025 Goldman Sachs expects an improvement in South Africa’s public finances to pave the way for a sovereign credit-rating upgrade on Friday, days after... →
Environment Minister Dion George set to lose his post
10th November 2025 Minister of Forestry, Fisheries and the Environment Dion George looks likely to lose his post after his party, the Democratic Alliance, proposed... →
Oppenheimer family scion urges South Africa to cut red tape
7th November 2025 Jonathan Oppenheimer, scion of the family that built Anglo American and De Beers into global mining powerhouses, urged the South African government... →
South Africa’s commodity boom set to spill into wider economy
5th November 2025 South Africa’s commodity windfall is expected to seep into the broader economy, boosting banks, retailers and property stocks as stronger prices... →
South Africa to start R2.5bn fund to tackle unemployment
30th October 2025 South Africa will on Friday start offering loans from a R2.5 billion Youth Fund aimed at supporting small businesses, part of a push by the... →
Moody’s upbeat on Johannesburg’s finances despite political woes
27th October 2025 Johannesburg, South Africa’s richest city and economic hub, received a vote of confidence from Moody’s Ratings despite a record of political... →
South Africa boosts deportations amid jobs crisis, Schreiber says
24th October 2025 South Africa is pushing to deport more undocumented migrants who compete with citizens for jobs in an economy with one of the highest unemployment... →
Lower CPI goal may save S Africa R900-billion in debt costs
24th October 2025 Reserve Bank Governor Lesetja Kganyago emphasised the benefits of a lower inflation goal, saying it could save the government as much as... →
Angola submits bid for Anglo American’s majority De Beers stake
24th October 2025 Angola said it has offered to buy Anglo American’s majority stake in De Beers, facing off against other potential suitors including neighboring... →
BlackRock backs South African bonds amid US debt concerns
24th October 2025 South African local-currency government bonds are becoming a top pick for investors seeking an alternative to US Treasuries amid worries about a... →
South Africa’s R440bn grid build draws Adani, Chinese firms
23rd October 2025 South Africa’s R440-billion transmission grid expansion programme has attracted interest from international developers, including a company owned... →
US Africa envoy sees positive progress on extension of AGOA
21st October 2025 US President Donald Trump’s Africa envoy signaled progress toward the renewal of a program allowing African nations duty-free access to the world’s... →
ArcelorMittal M&A head holds talks in South Africa over unit sale
14th October 2025 ArcelorMittal SA’s head of mergers and acquisitions, Ondra Otradovec, is holding talks in South Africa with the nation’s top development-finance... →
South Africa investigates how it made a part for Russian drones
10th October 2025 South African authorities said they are investigating how electronic equipment made in the country ended up in Russian drones used to attack... →
South Africa books ‘big wins’ on lower inflation, Kganyago says
9th October 2025 South African central bank Governor Lesetja Kganyago said lower inflation has delivered “big wins” by reducing government borrowing costs,... →
Israel, Hamas reach deal to free hostages in Gaza breakthrough
9th October 2025 Israel and Hamas have reached a deal for the release of all hostages held by the militant group in Gaza, a major step toward ending a two-year war... →
Eskom’s biggest union demands 15% increase ahead of wage talks
7th October 2025 The biggest union at South Africa’s Eskom is demanding a wage increase of as much as 15% ahead of negotiations that are set to begin. The National... →
Africa must quell its reliance on outside money, Godongwana says
2nd October 2025 Africa faces a “distressing decline” in foreign health aid and should raise more money domestically, including via taxes on tobacco and alcohol,... →
Malema found guilty of breaking gun laws
1st October 2025 Firebrand South African politician Julius Malema was found guilty of violating the nation’s gun laws for firing a weapon at a political rally in... →
Fiscal rule to help steady South African debt, Central Bank says
30th September 2025 South Africa risks a debt trap after years of lax budget discipline, but following through with plans for a fiscal rule to control borrowing will... →
South Africa, Nigeria poised to exit dirty-money list next month
30th September 2025 South Africa and Nigeria are poised to exit a global financial watchdog’s “gray list” as soon as next month, marking a change in fortune for two of... →
ArcelorMittal may get R8.5bn IDC bid for South Africa unit
29th September 2025 South Africa’s top development finance institution is working with financial advisers on a possible bid of about R8.5-billion for control of... →
Diamond sale fails in Botswana as buyers refuse to pay up
26th September 2025 Botswana didn’t sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough prices, as the global industry continues... →
Botswana wants to buy De Beers controlling stake by next month, President says
23rd September 2025 Botswana’s president aims to complete a deal to take a majority stake in De Beers by the end of next month, even as his administration and other... →
Ramaphosa tries to defuse backlash after praising rival party
19th September 2025 South African President Cyril Ramaphosa moved to defuse tensions sparked by his warning that the African National Congress (ANC) risks losing voter... →
Trump’s trade envoy to meet with Parks Tau
17th September 2025 US Trade Representative Jamieson Greer and Minister of Trade, Industry and Competition Parks Tau are expected to meet on Thursday in a bid to... →
US in talks to set up $5bn fund for critical mineral deals
16th September 2025 The US is in talks to set up a $5-billion fund to invest in mining, in what would be the government’s most significant foray into dealmaking to... →
Israel committing genocide in Gaza, UN-commissioned report says
16th September 2025 A United Nations-commissioned report concluded Israel is committing genocide against Palestinians in Gaza, and called for the international... →
Shell’s fight with South African activists moves into last round
16th September 2025 South Africa’s top court will start hearing arguments on Tuesday in a legal battle that has pitted environmental activists against one of the... →
Reserve Bank’s new inflation goal faces a key test
15th September 2025 The South African Reserve Bank’s new goal of anchoring inflation at 3% faces a big test this week, with two key data points and its first policy... →
A $3bn plan to bring water to Johannesburg hits opposition
15th September 2025 A long-delayed R53-billion project that South Africa’s commercial hub is banking on to end a growing water crisis has hit fresh opposition.... →
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... →
