African markets are navigating a busy day of economic indicators, political developments, and global trends on Thursday, May 8, 2025. From court decisions in Côte d’Ivoire to monetary policy announcements …
The African National Congress (ANC) has come out strongly against the Democratic Alliance (DA) for taking legal action against the new Employment Equity Amendment Act, saying the move is against …
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …
The race to lead the African Development Bank (AfDB) is getting hotter as the date for the election draws near. The current president of the bank, Nigeria’s Dr. Akinwumi Adesina, …
The World Trade Organization (WTO) has issued a fresh warning that global trade is facing a serious setback in 2025, with North America expected to take the biggest hit. In …
The global oil market is in crisis again. In April 2025, the price of Brent crude oil dropped by more than 20%, sinking below $70 per barrel for the first …
President Bola Ahmed Tinubu has started major reforms in Nigeria’s oil sector, as the country continues to face serious problems like low oil production, poor financial records, and mismanagement. The …
The South African rand strengthened against the U.S. dollar on Wednesday, as market uncertainty shook the greenback due to concerns about U.S. tariffs and the political situation in South Africa. …
African financial markets are currently facing a challenging situation, influenced by both global and local factors. There is growing uncertainty in the global economy, as well as domestic political tensions …
South Africa’s currency, the rand, started Thursday morning on the back foot, as global and local uncertainties kept investors cautious. By 6:35am GMT, the rand was trading at 18.8550 against …
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