The recent trade decision by United States President Donald Trump is now causing serious economic pressure across Africa. President Trump, under his “Liberation Day” trade policy, has introduced fresh tariffs …
South Africa
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AfricaBusiness InsightsEconomyInternational RelationsINVESTMENTManufacturingNigeriaPoliciesSouth AfricaSpotlightTrade and Commerce
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Business InsightsDevelopmentEconomyINVESTMENTPoliciesSouth Africa
South Africa Maintains ‘BB-‘ Credit Rating with Stable Outlook Despite Economic Challenges
South Africa’s credit rating has been kept at ‘BB-‘ with a stable outlook by two of the world’s major credit rating agencies — Fitch Ratings and S&P Global Ratings. This …
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AgricultureBusiness InsightsEconomyHealthcareInternational RelationsPoliciesSouth AfricaSpotlight
Tanzania Bans Food Imports from Malawi and South Africa Over Trade and Plant Health Issues
The government of Tanzania has stopped the importation of agricultural goods from both Malawi and South Africa with immediate effect. This decision was announced by the country’s Minister of Agriculture, …
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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. …
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Finance & ServicesMarketsSouth Africa
South African pharmacy chain Clicks Group posts 13% rise in half-year profit
South Africa’s leading pharmacy chain, Clicks Group, has posted a 13.2% increase in its half-year profit, showcasing a strong performance in its health and beauty segments. For the six-month period …
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DevelopmentEconomyFinance & ServicesInternational RelationsMarketsNAMIBIANigeriaPoliciesPoliticsSenegalSouth AfricaTrade and Commerce
African Markets
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 …
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BusinessEnergyGOVERNMENTSouth AfricaSouthern Africa
South Africans Grapple with Escalating Electricity Tariffs Amid Economic Strain
In a move that has intensified the financial strain on many households, South Africa is set to implement a 12.7% increase in electricity tariffs effective April 1, 2025—a date dubbed …
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In a move that has sent shockwaves through South Africa’s renewable energy sector, Eskom, the nation’s primary electricity supplier, has introduced stringent regulations targeting homeowners with rooftop solar installations. These …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyINVESTMENTSouth Africa
South African Rand Rises as Gold Prices Hit Record High
The South African rand edged higher today, March 18, 2025, gaining 0.4% to trade at 18.0175 per U.S. dollar, following a strong rally in gold prices. Gold soared to an …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Harnessing AI’s Potential in South Africa, its Opportunities
by Editorby EditorAs artificial intelligence (AI) continues to supercharge every aspect of business and society, South Africa stands at a critical juncture. Rather than fearing job displacement, we can harness AI to …