Economy

Durban, South Africa – The highly anticipated 2025 Durban July horse racing event is expected to inject a whopping R690 million into the eThekwini Metro economy, with thousands of visitors, …

A sharp drop in global gold prices could weaken Ghana’s foreign reserves and destabilise the cedi, UK-based research firm Fitch Solutions has warned in a new economic outlook. According to …

Business and Arts South Africa (BASA) has appointed Beth Arendse as its new Chief Executive Officer, with her tenure set to begin on 1 July 2025. BASA, a leading organisation …

Access Holdings Plc has emerged as the Tier 1 bank with the best asset quality in Nigeria, according to the recently released Proshare 2025 Tier 1 Banking Report. The financial …

Heirs Energies Limited and Renaissance Africa Energy Company have announced a strategic partnership aimed at strengthening Nigeria’s oil and gas sector through indigenous leadership, local capacity development, and innovation. This …

South Africa’s electricity landscape may soon breathe easier after Johannesburg electricity distributor, City Power, and national utility Eskom finally reached an agreement over a long-standing billing and debt dispute worth …

Oilserv Limited, the contractor handling the construction of the 614-kilometre Ajaokuta-Kaduna-Kano (AKK) gas pipeline, has confirmed that it has successfully crossed the River Niger — one of the most difficult …

The National Commercial Tricycle and Motorcycle Owners and Riders Association (NATOMORAS) has called on President Bola Ahmed Tinubu and Vice President Kashim Shettima to keep their promise of providing 2,000 …

The Government of Uganda has given out business toolkits and equipment to 66 groups working in the informal sector, also known as the Jua-Kali sector. The handover event was held …

South Africa’s four largest banks — Absa, Nedbank, Standard Bank, and FirstRand (FNB) — are facing a massive R60 billion class action lawsuit from former homeowners. The plaintiffs claim their …