The currencies of several African countries are expected to remain stable in the coming week, with Uganda’s shilling projected to strengthen slightly against the United States dollar, according to traders. …
Southern Africa
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Eastern AfricaEconomyFinanceForex TradingSouth AfricaSouthern AfricaWestern Africa
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EconomyGOVERNMENTMiningSouthern AfricaTrade
Botswana’s Economy Shrinks as Diamond Output Falls Sharply in Second Quarter
Botswana’s economy suffered a major setback in the second quarter of 2025 as output from its diamond sector, the backbone of the country’s revenue, dropped sharply, triggering the steepest contraction …
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Business UpdatesEconomyEnergyInfrastructurePower & UtilitiesSouthern Africa
ZESCO Power Failure Leaves Parts of Botswana in Darkness
Several towns in northern Botswana have been left without electricity following a supply disruption from Zambia’s power utility, ZESCO. The affected areas include Plateau, Kasane, Kazungula, and Lesoma, which rely …
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BankingCurrency & ExchangeEconomyFinanceGovernment PolicySouthern Africa
Bank of Zambia Withdraws Nearly Half of Old Currency From Circulation
The Bank of Zambia (BoZ) has announced that almost half of the country’s old banknotes have now been withdrawn from circulation as part of its ongoing currency replacement programme. Speaking …
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EconomyFinanceGOVERNMENTLabourSocial ProtectionSouthern Africa
COSATU Slams SASSA Over Postbank Contract Termination
The Congress of South African Trade Unions (COSATU) has strongly criticised the South African Social Security Agency (SASSA) for its decision to end its long-standing service agreement with the Postbank. …
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BusinessInnovationMobile Telecommunications Network (MTN)NAMIBIASouthern AfricaTechnologyTelecommunications
5G Launch by MTC Marks First in Namibia
Namibia has joined the list of African countries adopting fifth-generation network technology, as Mobile Telecommunications Company (MTC) officially launched 5G services at the Ongwediva Annual Trade Fair. With this move, …
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Business and EconomyFintechInnovationSouthern AfricaTechnology
Econet Telecom Lesotho Showcases Digital Future at Econet Expo
Telecommunications giant, Econet Telecom Lesotho (ETL), has staged its third Econet Expo, unveiling innovative digital solutions aimed at driving national development and improving everyday life for Basotho citizens. The expo, …
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BankingEconomyFinanceSouthern AfricaTrade
RBM Introduces Export Proceeds Exemption for Forex Stability
The Reserve Bank of Malawi (RBM) has announced that it will exempt certain companies from the mandatory conversion of export proceeds under its newly issued repatriation of export proceeds directive. …
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Civil SocietyEconomyElectionsGovernancePoliticsSouthern Africa
CAMA Demands Economic Plans from Malawi Candidates
The Consumers Association of Malawi (CAMA) has challenged all presidential aspirants in the September 16, 2025, general elections to give clear and practical answers on how they will fund and …
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African EconomyGovernancePoliticsPublic ServicesSouthern AfricaTechnology
Malawi Begins Clearing 100,000 Passport Backlog
After years of frustration and long delays, Malawians can finally breathe a sigh of relief as the government has started clearing a massive passport backlog that left thousands stranded without …