Economy

The South African rand eased slightly in early trading on Thursday, pausing after two straight sessions of gains driven by a softer U.S. dollar. At 06:41 GMT, the rand was …

Egypt and China have sealed a landmark $1 billion agreement to establish a major tire manufacturing facility in the Suez Canal Economic Zone (SCZONE), a move aimed at boosting Egypt’s …

Several economic indicators, company announcements, debt and currency market developments, and political events are expected to influence African markets on Thursday, with movements already being seen across global markets, commodity …

Egypt has taken a big step to ease the tax burden on small and micro-enterprises by making its simplified tax system a permanent feature of the country’s business environment. The …

President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …

Rwanda’s agricultural sector has received a major boost as the Government of Rwanda and the African Development Bank Group (AfDB) move forward with plans for the second phase of the …

Deloitte Ghana has advised the government to take its time before returning to the international capital market, even though the economy has been showing strong signs of recovery. The research …

The Institute of Certified Public Accountants of Uganda (ICPAU) has confirmed that the 2025 edition of the prestigious Accountancy Service Awards (ASA) will take place on October 3, 2025. The …

Uganda’s Minister of Trade, Industry and Cooperatives, Francis Mwebesa, has called on the Uganda National Bureau of Standards (UNBS) to prioritise helping local manufacturers and protecting consumers instead of acting …

The Reserve Bank of Zimbabwe (RBZ) says the country will move away from the current multi-currency system to a full local currency by 2030, assuring businesses and the public that …