Regional
2 hours ago | May 31, 2023
Reserve Bank sounds alarm on threat of sanctions
Bloomberg South Africa’s central bank has warned of dire consequences should the country face censure due to its stance ...
5 days ago | May 26, 2023
Nigeria set to hike rates as gas subsidy seen ending
Wandile Sihlobo The data released by Statistics South Africa on May 24 shows that consumer food inflation moderated at ...
Climate change causes 2 million deaths in 50 years
Extreme weather has caused the deaths of two million people and US$4,3 trillion in economic damage over the past half a ...
AfDB chief says dearth of climate finance flows ‘choking’ Africa
A lack of adequate financing for tackling climate change in Africa has become dire and is “choking” the continent, ...
SA auto industry to award tender for EV charging stations
South Africa’s automotive industry plans to issue a tender worth hundreds of millions of rands by the end of June for ...
Total’s Mozambique funding signals possible LNG project restart
TotalEnergies SE and partners in a liquefied natural gas project in Mozambique agreed to plow millions of dollars into ...
Nigeria bourse plans commodities growth in seven African nations
Nigeria’s first private licensed commodities bourse plans to open offices in seven new African markets as it looks to ...
1 week ago | May 22, 2023
Crisis in South Africa is eroding a basic rule of monetary policy
A crippling energy crisis, a low growth environment and deteriorating fiscal metrics combined to push the rand to ...
2 weeks ago | May 19, 2023
Power cuts to political risks weaken demand for bonds
Demand at South Africa’s weekly bond auctions has fallen to the weakest average level this year. Primary dealers placed ...
‘Govt ready to ‘endure’ legal challenges to block oil, gas’
Court challenges will not deter government from pursuing oil and gas in the country, said Mineral Resources and Energy ...
2 weeks ago | May 16, 2023
Godongwana: US won’t sanction SA over weapons row, and market ...
Paul Vecchiatto News24.com South African Finance Minister Enoch Godongwana said his country resolved a row with the US ...
3 weeks ago | May 11, 2023
Rand hits worst level since 2020
Compiled by Helena Wasserman News24.com The rand has slumped to its worst level since April 2020, reaching R18.81/$ ...
South African companies innovate to tackle solar power inequality
Reuters Studying in South Africa is a race against time for Reginald van Wyk, as he tries to finish his online ...
4 weeks ago | May 5, 2023
US oil firm wants stability assurances to resume operations in ...
The general director of Exxon Mobil Mozambique says his company needs long-term stability in Cabo Delgado province ...
Pick n Pay misses dividend estimates as power costs increase
Pick n Pay missed dividend estimates as South Africa’s third-largest grocer incurred extra costs to keep the lights on ...
SA Treasury tackles creeping culture of municipal non-payment
National Treasury’s plan to provide debt relief to overstretched municipalities should hit two targets at once by ...
Key energy plan will be developed in a year’s time, says Ramaphosa
President Cyril Ramaphosa has issued a gazette indicating a key section in law – which will allow the long-awaited ...
1 month ago | April 28, 2023
Naira nullified: Killing cash in economy that runs on cash
At the end of 2022, the Central Bank of Nigeria (CBN) decided it was time to aggressively mop up excess cash in the ...
Transform Africa IT Summit launches US$1,5m project
The African Development and Smart Africa Alliance have launched a US$1.5m project to enhance digital trade and ...
‘SA still an attractive emerging market for investors’
South Africa, the continent’s most industrialised economy, continues to be an attractive emerging market investment ...
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