Business
South Africa’s Rand Weakens as Global Tensions Rise and Inflation Data Looms
South Africa’s rand opened the week on a weaker footing as global risk appetite softened amid renewed geopolitical tensions and as investors positioned...
Oil Prices Surge Amid Geopolitical Tensions and Supply Concerns
Oil prices extended gains on Tuesday as traders focused on rising geopolitical risks and persistent supply uncertainties that overshadow potential boosts from increased...
South African Coal Exports to Israel Rise Amid Shifting Global Supply and Political Tensions
South African mining companies have significantly increased their exports of thermal coal to Israel following Colombia’s decision in August to impose a total...
South Africa’s Foreign Direct Investment Outflows Plunge in Third Quarter as Capital Flows Normalize
South Africa recorded a pronounced decline in foreign direct investment outflows in the third quarter of 2025, reflecting shifts in corporate activity and...
Dangote Warns Fuel Imports Are Undermining Nigeria’s Refining Future
Nigeria’s richest man, Aliko Dangote, has intensified his public dispute with regulators, accusing them of allowing the continued importation of cheap fuel in...
Nigerians Among 41 Suspects Arrested in Accra for Unauthorized Forex Activities
Ghanaian authorities have arrested 41 individuals across Accra for allegedly engaging in unauthorized foreign exchange activities, in a move aimed at tightening control...
South African Business Confidence Surges in November Amid Lingering Economic Caution
South Africa’s business confidence saw a notable increase in November, with the South African Chamber of Commerce and Industry’s (SACCI) Business Confidence Index...
South Africa’s Rand Inches Up as Markets Brace for Retail Sales Data and a Key US Federal Reserve Decision
The South African rand made a modest climb in early Wednesday trading, firming to around 17.02 against the United States dollar. Though the...
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Nigeria–Kenya Relations Gain Fresh Momentum as Honourable Minister of State Receives Kenyan High Commissioner
The Honourable Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, on Wednesday 18 February 2026 received the High Commissioner of the Republic...
Repsol Is Owed $5.4 Billion by Venezuela, Annual Report Shows
Spain’s energy group Repsol disclosed in its 2025 annual financial report that it is owed 4.55 billion euros (about $5.37 billion) by the Venezuelan state,...
