Business
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...
South African Rand Weakens Ahead of First Central Bank Meeting Under New Inflation Target
The South African rand edged lower in early Thursday trading as markets turned their focus to the South African Reserve Bank’s upcoming interest...
Oil prices slip on rising U.S. crude inventories despite supply concerns from attacks on Russian infrastructure
Oil prices fell on Wednesday as higher-than-expected crude inventories in the United States added to concerns about global oversupply, although declines were limited...
Kenya sets 4.9 percent budget deficit target for 2026/27 amid ongoing debt pressures
Kenya plans to target a budget deficit equivalent to 4.9 percent of gross domestic product in the 2026/27 fiscal year, a senior official...
Rwanda Partners with UNIDO and Poland to Boost Industrial and Disaster Response Capabilities
Rwanda has joined forces with the United Nations Industrial Development Organization (UNIDO) and the Government of Poland to strengthen national capacities in responding...
Access Bank Launches SME Academy to Empower Nigerian Entrepreneurs and Boost Small Business Growth
Access Bank has unveiled a bold initiative aimed at reducing Nigeria’s high rate of small business failures by equipping entrepreneurs with the skills,...
Nigeria’s Bold Economic Reforms Drive Diversification and Digital Growth Under Tinubu
Nigeria’s economic transformation is gaining momentum as President Bola Ahmed Tinubu’s administration pushes ahead with bold, far-reaching reforms aimed at restoring macroeconomic stability,...
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Vodacom Raises Medium-Term Growth Targets Following Safaricom Transaction
South Africa’s Vodacom has raised its medium-term financial targets following the completion of its transaction involving Safaricom, signaling confidence in the group’s long-term...
South African Rand Recovers as Investor Sentiment Improves
The South African rand recovered part of its recent losses as improved investor sentiment and cautious trading supported the currency in the lead-up...
