Rentals across South Africa have risen to their highest level in eight years, bringing good news for landlords recovering from years of low or negative returns following the COVID-19 pandemic. …
Economy
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EconomyINVESTMENTMarketsReal EstateSouth Africa
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EconomyLabourPoliciesSouth Africa
BLSA CEO Busisiwe Mavuso Slams Transnet’s Wage Hikes Amid Economic Struggles
Business Leadership South Africa (BLSA) CEO Busisiwe Mavuso has voiced strong criticism over Transnet’s recent wage increase deal, warning that it sends the wrong message to South African businesses already …
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EconomyEnergyInfrastructureINVESTMENTSouth Africa
Mulilo Renewable Energy: South Africa’s Rising Force in Clean Power and Battery Storage
Cape Town, South Africa — Just two years after securing a massive $200 million investment from Copenhagen Infrastructure Partners (CIP), a relatively little-known South African company, Mulilo Renewable Energy Ltd., …
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AgricultureDevelopmentEconomyPoliciesZIMBABWE
Emmanuel Matsvaire Confirmed as Tobacco Industry and Marketing Board CEO
Harare, Zimbabwe – The Tobacco Industry and Marketing Board (TIMB) has officially confirmed Emmanuel Matsvaire as its substantive Chief Executive Officer, ending his interim tenure which began in September 2022. …
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AgricultureDevelopmentEconomyEnergyInfrastructureInnovationTrade and Commerce
Algeria and Spain Relaunch Economic Cooperation with Innovation
After over two years of frozen trade relations and diplomatic tensions, Algeria and Spain are restoring their economic partnership, this time with a clear focus on innovation, joint development, and …
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AfricaDevelopmentEconomyFinance & ServicesGhanaInfrastructureINVESTMENT
AfDB Backs Ghana’s 24-Hour Economy with Support for Industrial Parks
Accra, Ghana – The African Development Bank (AfDB) has thrown its full weight behind Ghana’s flagship 24-Hour Economy initiative, pledging technical, financial, and policy support to accelerate the country’s economic …
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DevelopmentEconomyFinance & ServicesGOVERNMENTHealthcareLabourPolicies
Ghana’s Economic Advisor Begs Nurses to Hold Off Demands Until 2026
Accra, Ghana – Dr. Sharif Mahmud Khalid, Economic Advisor to Ghana’s Vice President, has appealed to nurses and midwives across the country to exercise patience and allow the government time …
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DevelopmentEconomyFinance & ServicesGhanaNewsPoliticsWestern Africa
Fitch Upgrades Ghana’s Credit Rating After Debt Restructuring Progress
Global credit rating agency Fitch Ratings has upgraded Ghana’s long-term foreign currency rating to “B-” from “restricted default” (RD), saying the West African country has made strong progress in resolving …
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AfricaEconomyMarketsNewsSouth Africa
South African Rand Weakens as Israel-Iran Conflict Spooks Global Markets
The South African rand slipped slightly on Tuesday morning as global investors became more cautious, with ongoing tensions in the Middle East continuing to shake financial markets. As of 06:26 …
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AfricaEconomyINVESTMENTMarketsPolicies
JPMorgan Tips Afreximbank Bonds as Attractive Despite Rising Restructuring Risks
The influential U.S. investment bank, JPMorgan Chase, has said it sees a growing chance that Afreximbank could be pulled into debt restructuring processes, especially in countries like Ghana and Zambia, …