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. …
Tanzania and Malawi have finally agreed to end their trade dispute following weeks of escalating tensions and reciprocal import restrictions. The two countries, joined by South Africa which was also …
Tanzania and Malawi have officially ended their trade dispute, agreeing to lift restrictions that had affected the movement of goods between both countries. After holding bilateral talks, the two nations …
South Africa’s biggest companies are showing serious strength despite the country’s economic challenges, according to the 2025 ranking of Africa’s Top 250 Companies. The new report revealed that 17 out …
The South African financial market is facing several important developments that may affect investor decisions and overall market direction on Thursday, May 8, 2025. Economic data from home and abroad, …
The African National Congress (ANC) has come out strongly against the Democratic Alliance (DA) for taking legal action against the new Employment Equity Amendment Act, saying the move is against …
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 …
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 …
South Africa’s currency, the rand, started Thursday morning on the back foot, as global and local uncertainties kept investors cautious. By 6:35am GMT, the rand was trading at 18.8550 against …
South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …