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 …
South Africa
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EconomyEnergyFinance & ServicesLeadershipMarketsPoliticsSouth AfricaTrade and Commerce
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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 …
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AfricaBusinessBusiness InsightsDevelopmentEconomyEthiopiaINVESTMENTKenyaNigeriaNorth AfricaReal EstateSouth AfricaTravel & TourismWestern Africa
Nigeria Ranks Third in Africa for Hotel Development with 48 New Projects in the Pipeline
Nigeria has emerged as the third most active country in Africa for hotel development, with 48 hotel projects and 7,320 rooms currently in the pipeline, according to the 2025 Hotel …
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DevelopmentEastern AfricaEducationNigeriaSouth AfricaWestern Africa
Bet9ja Foundation Completes 206 Projects Across 33 States, Impacts 180 Communities in Two Years
The Bet9ja Foundation says it has completed 206 humanitarian projects across 33 states and the Federal Capital Territory (FCT) in less than two years of its operation in Nigeria, impacting …
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AfricaDigital EconomyEconomySouth Africa
IMF Lowers Growth Forecasts for African Countries Amid Economic Challenges
The International Monetary Fund (IMF) has reduced its growth forecast for several African countries, warning that the continent’s economic progress may slow down if certain challenges are not addressed quickly. …
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EconomyFinance & ServicesGOVERNMENTInternational RelationsPoliciesSouth AfricaTrade and Commerce
South African Rand Gains Slightly as Ramaphosa Confirms Meeting with U.S. President
The South African rand gained a bit of strength on Thursday morning, trading at 18.22 to the U.S. dollar around 6:22 a.m. GMT. This marks a 0.3% improvement from where …