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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... →
South African economic growth could triple this year, Absa says
26th March 2025 South Africa looks set for much better growth in 2025 thanks to increased spending and investment, according to analysts at Absa Group, though a... →
South African consumer mood slumps on tax hike, fraying US ties
25th March 2025 South African consumer confidence plunged to the lowest level in almost two years, as worries about higher taxes and the country’s deteriorating... →
Botswana considering new 615 MW coal-fired power plant
25th March 2025 Botswana is contemplating building a new 615 MW coal-fired power station near its main generation plant to mitigate generation challenges at the... →
South Africa adds 800 MW capacity unit to national grid
24th March 2025 South Africa’s state electricity utility added an 800 MW unit at the Kusile Power Station to the national grid, amid ongoing efforts to boost... →
Mozambique President meets opposition leader Mondlane for first time
24th March 2025 Mozambican President Daniel Chapo met the nation’s most prominent opposition leader for the first time since a disputed October election that... →
South African central bank keeps key rate steady
20th March 2025 South Africa's central bank kept its main lending rate steady at 7.50% on Thursday, saying that a cautious policy approach was needed given global... →
US stalls $2.6-billion climate finance package for South Africa
20th March 2025 The US is stalling the distribution of $2.6-billion in climate finance to South Africa, stoking concerns the money might be blocked outright,... →
South Africa set to alter course on rates until ‘dust settles’: Day Guide
20th March 2025 The South African Reserve Bank (SARB) is set to look past a smaller-than-expected rise in prices last month and keep borrowing costs unchanged... →
South Africa, facing mill closures, begins steel tariff review
20th March 2025 South Africa, facing the prospect of ArcelorMittal South Africa (AMSA) closing two steel mills crucial to the local manufacturing industry, has... →
Trump aid pull-back prompts talk, not action, from African leaders
19th March 2025 Leaders across Africa have said US President Donald Trump’s decision to abruptly end billions of dollars of aid to the continent is a wake up call... →
African economies reassess interest-rates path with eye on Trump
19th March 2025 Central banks in South Africa, Egypt and several other African nations will pronounce on interest rates over the course of the next month and stake... →
AMSA, govt near funding deal for stricken mills
19th March 2025 South Africa is nearing a deal to provide funding to ArcelorMittal South Africa (AMSA) and keep the steel mills open, which are crucial for the... →
Rwanda-backed rebels demand sanctions removal before talks start
18th March 2025 The M23 rebel group fighting to control eastern Congo wants sanctions against its members lifted before it joins talks that were scheduled to begin... →
South Africa’s biggest political parties seek Budget compromise by April
18th March 2025 South Africa’s two biggest political parties are holding a series of talks to resolve an impasse over the national budget that poses the biggest... →
Trump’s trade salvos test nerves of central bankers
17th March 2025 An anxious sense of wait-and-see may emerge from central banks in the coming week, in their first collective assessment of how President Donald... →
EU, S Africa hold first summit since 2018 as US ties unravel
13th March 2025 The European Union and South Africa are holding their first summit since 2018, the latest step toward shoring up a shaky relationship in a world... →
South Africa forms G20 panel to address ballooning African debt
12th March 2025 South Africa established an expert panel to address issues in Africa during the country’s chairmanship of the Group of 20 economies, including the... →
Zimbabwe market regulator orders firms to report earnings in ZiG
12th March 2025 Zimbabwe’s stock market regulator has ordered companies to report earnings in the local gold-backed currency, with immediate effect. The... →
Ghana economy downshifts in fourth quarter as cocoa shrinks
10th March 2025 Ghana’s economy grew at the slowest pace in more than a year in the fourth quarter, as industrial activity almost stalled and the cocoa sector... →
Ramaphosa seeks settlement with Apartheid victims
10th March 2025 President Cyril Ramaphosa’s legal team is set to begin negotiations to settle a lawsuit filed against him and several government agencies by... →
Kenya’s Ruto teams up with Odinga to consolidate grip on power
7th March 2025 Kenyan President William Ruto signed a power-sharing agreement with opposition leader Raila Odinga on Friday, months after deadly anti-government... →
Zelenskyy to hold talks with Ramaphosa
7th March 2025 Ukrainian President Volodymyr Zelenskyy will travel to South Africa next month to discuss efforts to end Russia’s war on Ukraine. Zelenskyy will... →
South Africa's current account deficit shrinks more than expected
6th March 2025 South Africa’s current account deficit shrank by more than expected in the fourth quarter, aided by an improvement in the trade surplus. The gap on... →
Trade no longer driving growth as in past, IMF’s Georgieva says
5th March 2025 Trade is no longer driving global economic growth to the same extent as in the past and policy changes from the new US administration are... →
Consumer boost likely saved South African economy from recession
4th March 2025 South Africa probably avoided a recession last year, saved by strong consumer demand in the fourth quarter as the key mining and manufacturing... →
ANC appoints new economic policy chief
3rd March 2025 The African National Congress has appointed Zuko Godlimpi as head of its economic transformation committee in an overhaul of its internal... →
UN Food Agency shuts southern Africa office amid Trump aid cuts
3rd March 2025 The United Nations’ World Food Programme, which gets much of its funding from the US, is closing its Southern African bureau at a time when the... →
Top US diplomat in South Africa resigns with immediate effect
28th February 2025 The US’s top diplomat in South Africa resigned with immediate effect amid heightened diplomatic tensions between the two nations. The US government... →
Kenya inflation accelerates to five-month high on food prices
28th February 2025 Kenya’s annual inflation rate climbed to a five-month high in February as food prices continued to increase. Consumer prices rose 3.5% from 3.3% in... →
Trump ends thousands of USAID-funded programmes in South Africa
27th February 2025 The US has permanently stopped funding thousands of health-care programmes in South Africa, with notifications sent to affected organisations. The... →
South Africa seeks ‘meaningful deal’ with US amid strained ties
27th February 2025 South Africa wants to reach a broad-ranging agreement with the US on diplomacy and trade amid strained ties between the two nations, President... →
Zambia’s inflation hits 39-month high as food prices surge
27th February 2025 Zambia’s annual inflation accelerated to a more than three-year high in February as the impact of its worst drought in more than a century and a... →
Trump ends US initiative to boost electricity access in Africa
26th February 2025 A US initiative to increase electricity supply in Africa has been dismantled by the Trump administration after more than a decade of work,... →
Trump tariff turmoil casts a shadow over G20 meeting
26th February 2025 The club of finance ministers and central bankers who’ve steered the global economy through a quarter century of market meltdowns, recessions, wars... →
South Africa moots wealth tax in Budget discussions – Reports
25th February 2025 South African cabinet considered a proposal to introduce a wealth tax when it discussed amendments to last week’s postponed budget, Business Day... →
India sees ‘notable’ progress with China as top ministers meet at G20
21st February 2025 India’s foreign minister met with his Chinese counterpart Friday, saying there’s been “some notable developments” made between the two nations in a... →
EU bolsters ties with South Africa amid tensions with Trump
21st February 2025 The European Union and South Africa are forging closer ties after previous disagreements led to a frosty relationship, the bloc’s top diplomat... →
