The South African rand weakened in early trading on Tuesday as investors awaited the release of key domestic economic indicators that could provide fresh insight into the country’s financial outlook. …
The Chairman of BUA Group, Abdul Samad Rabiu, has expressed optimism that the naira will appreciate further in the coming months, predicting that the exchange rate could strengthen to between …
The South African rand gained further ground on Wednesday, helped by a weaker U.S. dollar and positive local economic data showing improved business confidence and retail sales growth. By mid-afternoon, …
Businesses across Nigeria say high interest rates have become the most severe challenge affecting their operations, surpassing long-standing problems like insecurity and poor electricity supply. This was revealed in the …
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 …
The Central Bank of Nigeria (CBN) has reported that Nigeria’s economic activities continued their upward trajectory for the second consecutive month, signalling gradual recovery and renewed optimism among businesses. In …