Foreign investors have withdrawn a staggering $3.7 billion from South African equities since October 2024, marking the longest streak of outflows from the continent’s largest equity market in five years, …
Markets
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EconomyINVESTMENTMarketsPoliciesTrade and Commerce
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EconomyMarketsSouth AfricaTrade and Commerce
Rand Weakens Sharply as Middle East Tensions Trigger Global Market Jitters
South Africa’s financial markets opened on a nervous note Friday morning, as the rand and government bonds came under sharp pressure following Israeli military strikes on Iran. The heightened geopolitical …
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Eastern AfricaFinance & ServicesGOVERNMENTINVESTMENTMarketsPolicies
Ethiopia to Start Selling Government Bonds on New Stock Exchange Platform
The Ethiopian government is set to begin selling government bonds through the newly launched Ethiopian Securities Exchange (ESX) starting from July 2025, a move expected to boost domestic financing and …
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AfricaBusinessBusiness InsightsCryptocurrencyDevelopmentDigital EconomyEducationEntrepreneurshipFintechInformation & TechnologyInnovationINVESTMENTMarkets
Module 2: Cryptocurrency & Web3 Made Easy for Traditional Investors
Having developed a strong foundation in traditional asset classes and the vital principles of diversification, the modern professional is now ready to step into one of the most dynamic and …
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BusinessFinance & ServicesMarketsNewsNigeriaOil & Gas
MRS Oil Eyes N3.95bn Profit After Tax in Q3 2025
MRS Oil Nigeria Plc says it expects to make a net profit after tax of N3.95 billion in the third quarter of 2025. The company made this disclosure in its …
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EconomyMarketsNewsSouth Africa
South African Rand Firms Slightly Ahead of Mining Output Data Release
The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
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AfricaBusinessEconomyManufacturing & Consumer GoodsMarketsSouth Africa
MR.DIY Opens First South African Store at Menlyn Mall, Pretoria
Malaysia’s largest home improvement retailer, MR.DIY, has officially entered the South African market with the opening of its flagship store at Menlyn Mall in Pretoria. The new outlet, which opened …
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Finance & ServicesInfrastructureKenyaMarketsPolicies
CBK Moves to Raise KSh 50 Billion from Reopened Bonds
he Central Bank of Kenya (CBK) has announced plans to raise KSh 50 billion through the reopening of two infrastructure bonds to support the country’s growing financial needs. The move …
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AfricaEconomyLabourMarketsTrade and Commerce
Global Growth Slows to Lowest in 17 Years, Africa Faces Risks Amid Trade Tensions and Uncertainty.
The World Bank has reduced growth forecasts for nearly 70 percent of the world’s economies due to rising trade tensions and policy uncertainty. In its latest Global Economic Prospects report, …
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BusinessDevelopmentInfrastructureMarketsNewsSouth AfricaTelecommunications
Telkom Resumes Dividend After Four-Year Break as Profit Surges 62%.
South African telecommunications giant Telkom has returned to the dividend table after a four-year hiatus, following a strong performance that saw full-year headline earnings jump by 62.3%. The company, which …