South African retail giant Pick n Pay has reported a significantly smaller loss before tax for its full-year results, signalling early signs of recovery as the company pushes forward with …
South Africa
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BusinessEconomyFinance & ServicesSouth AfricaTrade and Commerce
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EconomyINVESTMENTPoliciesSouth AfricaTelecommunications
South Africa Proposes New Policy to Ease Black Ownership Rules, Opening Door for Starlink and Others
South Africa’s government is set to change the rules for foreign communications companies, potentially allowing firms like Elon Musk’s Starlink to operate more freely in the country. The new draft …
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AfricaBusiness InsightsDevelopmentInnovationKenyaMarketsNigeriaReal EstateSouth AfricaUncategorized
Building Smart Cities: What Real Estate Professionals Must Know in Africa
The concept of “smart cities” is no longer a distant dream for Africa; it is a rapidly materializing reality that demands urgent attention from real estate professionals across the continent. …
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BusinessBusiness InsightsEastern AfricaEconomyEnergyNigeriaNorth AfricaOil & GasSouth AfricaTransportation & LogisiticsWestern Africa
Petrol Price Rises 76.73% in One Year, Now N1,239/Litre – NBS
The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …
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EconomyEnergyFinance & ServicesLeadershipMarketsPoliticsSouth AfricaTrade and Commerce
Rand Holds Firm as Ramaphosa-Trump Meeting Overshadows South Africa’s 2025 Budget
South Africa’s currency, the rand, remained largely stable on Thursday despite political tension triggered by a controversial encounter between President Cyril Ramaphosa and U.S. President Donald Trump, which took the …
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AfricaBusinessGOVERNMENTInternational RelationsMobile Telecommunications Network (MTN)South AfricaTelecommunications
MTN Takes $4.2 Billion Iran Licence Case to South Africa’s Top Court
Telecoms giant, MTN Group, has gone to the Constitutional Court of South Africa to challenge a ruling that allows Turkish telecoms company, Turkcell, to pursue a $4.2 billion lawsuit against …
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EconomyFinance & ServicesFood ProductionGOVERNMENTPoliciesSouth Africa
South Africa’s Inflation Rises Slightly in April Amid Food Price Pressure and Speculation Over New Target
Inflation in South Africa rose slightly in April 2025 due to higher food prices, although it remained below the central bank’s official target range. This is according to new data …
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BusinessEconomyFinance & ServicesGOVERNMENTINVESTMENTNigeriaSouth AfricaWestern Africa
Odu’a Investment Declares N518m Dividend as Revenue, Income Soar Despite Economic Pressure
Odu’a Investment Company Limited has declared a dividend of N518 million for the 2024 financial year, marking a 21 per cent increase from the N428 million disbursed to shareholders in …
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AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsMarketsSouth AfricaTrade and Commerce
South Africa’s Rand Steady Ahead of Budget Speech and Ramaphosa-Trump Meeting
South Africa’s rand held steady on Tuesday as investors waited for key events later in the week, including the national budget speech and a meeting between President Cyril Ramaphosa and …
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AfricaDevelopmentDigital EconomyEconomyEgyptFintechInnovationKenyaNigeriaSouth AfricaTechnology
From Local Challenges to Global Solutions: How African Startups Are Attracting World Attention
Africa’s startup ecosystem is no longer a nascent curiosity; it’s a vibrant, innovative powerhouse rapidly gaining global recognition and attracting significant international investment. Once overlooked, the continent is now celebrated …