South Africa’s two biggest political parties, the African National Congress (ANC) and the pro-business Democratic Alliance (DA), are still struggling to reach an agreement on the national budget. The deadlock …
South Africa’s rand made gains on Monday, strengthened by a surge in gold prices and growing optimism about a potential agreement between the country’s two largest political parties on the …
In March, South Africa’s manufacturing sector continued to face challenges, according to the latest Purchasing Managers’ Index (PMI) survey. The index, which measures the performance of the manufacturing industry, showed …
Hossam Hazaa, a member of the Egyptian Tourism Federation (ETF), has stated that tourism rates in Egypt have increased by 15% to 20% in some areas. He attributed this growth …
Egypt’s Prime Minister, Mostafa Madbouly, has announced that the country’s unemployment rate dropped to 6.4% in the fourth quarter (Q4) of the 2024/2025 fiscal year. This marks one of the …
Guaranty Trust Holding Company Plc (GTCO) has announced an impressive 107.8% growth in profit before tax, reaching N1.266 trillion for the financial year ended December 31, 2024. This marks a …
In a bid to tackle pressing economic challenges, Nigeria has secured a $500 million loan from the World Bank to support its Community Action for Resilience and Economic Stimulus Program. …
THE Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service, NCS, has said that it intercepted smuggled items valued at over N1 billion within the last four weeks. Speaking …
The Democratic Republic of Congo (DRC) is grappling with a severe food crisis, as ongoing conflicts and escalating food prices have left approximately 28 million people facing acute hunger. This …
The South African Reserve Bank (SARB) is contemplating adjustments to its longstanding inflation targeting framework, acknowledging that the current regime may be hindering economic growth and reducing the nation’s competitiveness. …
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