Bloomberg
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Guinea proposes extension of presidential term to seven years
30th June 2025 Guinea’s interim parliament proposed that presidential term limits be extended, months before the country is scheduled to hold elections after four... →
Rand strengthens as South Africa’s coalition avoids collapse
30th June 2025 South Africa’s currency gained after the nation’s fractious ruling coalition weathered its latest storm when a key partner opted to remain in the... →
Kganyago bolsters case for lower inflation target
30th June 2025 South African Reserve Bank Governor Lesetja Kganyago reinforced his argument for adopting a lower inflation target, noting that the current goal... →
Musk’s Starlink eyes R2bn South Africa investment
30th June 2025 Billionaire Elon Musk’s Starlink, in a potential workaround of South Africa’s Black-empowerment rules to gain an operating license, may invest... →
Prabowo set to attend Brics Summit after Indonesia joins Bloc
27th June 2025 Indonesian President Prabowo Subianto is set to attend the Brics summit next month in Brazil, marking his first meeting with the bloc since the... →
Ramaphosa accused of ‘double standard’ in Whitfield saga
27th June 2025 President Cyril Ramaphosa fired a deputy minister from the second-largest party in the ruling coalition on Thursday, a move that renews strain on... →
South African consumer confidence recovers in second quarter
26th June 2025 South African consumer confidence recovered in the second quarter as a proposed increase in consumer taxes was scrapped and an impasse in the... →
South Africa posts first successive primary surplus in 16 years
26th June 2025 South Africa achieved its first back-to-back primary budget surplus in 16 years, signalling its commitment to fiscal discipline. Africa’s... →
China tells Brazil Xi Jinping will miss Brics Summit in Rio
25th June 2025 Brazil was told by the Chinese government that President Xi Jinping will miss the summit of Brics leaders that will take place in Rio de Janeiro... →
Lungu's funeral in SA stalled as Zambia, family feud in court
25th June 2025 Zambia asked a South African court to halt the planned burial of ex-President Edgar Lungu, who died June 5, ratcheting up a feud between the... →
South African auto firms, bracing for tariffs, face wage talks test
24th June 2025 A potential deadlock over pay increases for South Africa’s automotive sector workers risks shutting down an industry that accounts for more than a... →
Angolan President urges US firms to invest beyond oil, minerals
23rd June 2025 Angolan President Joao Lourenco called on US companies to expand their investments in Africa beyond traditional oil and mineral extraction to... →
ANC regains ground, poll finds
23rd June 2025 Support for South Africa’s biggest political party rebounded after it was forced to scrap plans to raise value-added tax and now stands at 40%, the... →
Toyota files R6.5bn South Africa flood damage lawsuit – Business Day
20th June 2025 Toyota Motors Corp. has brought a lawsuit for R6.5-billion in a South African court for 2022 flood damages that shuttered its plant near Durban,... →
South Africa banks at risk from trade, war shocks, Sarb says
19th June 2025 Growing geopolitical tensions and global policy uncertainty are among the biggest risks facing South Africa’s financial industry, the central bank... →
Nigeria orders crackdown after dozens killed in key farm region
19th June 2025 Nigerian President Bola Tinubu ordered security agencies to hunt down the perpetrators of a massacre in a key food-producing region that’s... →
South Africa declares national disaster after floods kill 92
19th June 2025 South Africa declared a national disaster after floods and snow killed more than 90 people and destroyed roads and bridges in four of the country’s... →
IMF says Zimbabwe’s economy has made ‘significant progress’
19th June 2025 The International Monetary Fund said Zimbabwe’s economic reforms have made “significant progress,” but the nation still has more work to do before... →
Israel begins repatriation of citizens
18th June 2025 Israel is repatriating tens of thousands of its citizens stranded abroad after a flare-up in fighting with Iran, deploying emergency airlifts and... →
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... →
