Distinguished financial strategist and former Senior Vice President of the African Development Bank (AfDB), Bajabulile Swazi Tshabalala, has officially declared her candidacy for the Bank’s presidency.…
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All the latest business news in South Africa
South Africa’s rand weakened in early trading on Wednesday as investors awaited local inflation data for insights into the state of Africa’s most industrialized economy. By…
South Africa’s rand remained stable early Tuesday as concerns over U.S. tariff policies under President Donald Trump, uncertainty surrounding fiscal measures, and geopolitical tensions weighed on…
South Africa’s unemployment rate saw a slight decline at the end of 2024 but remains among the highest globally, as the country struggles with the impact…
South Africa’s auto industry, a major player in global trade, exports nearly $1.9 billion worth of vehicles annually—many heading to the United States under a trade…
The South African rand weakened on Thursday morning as investors awaited President Cyril Ramaphosa’s State of the Nation Address (SONA) for insights into the country’s economic…
South Africa’s rand weakened on Tuesday, pressured by a strengthening U.S. dollar after positive economic data reinforced expectations that the Federal Reserve would remain cautious about…
Shell has reiterated its commitment to the growth of Nigerian companies through contract awards and increased expertise. According to The Nation, the vow was made during…
The South African rand weakened early Monday ahead of a Purchasing Managers’ Index (PMI) survey for the domestic manufacturing sector. At 0620 GMT, the rand was…
South Africa’s rand remained stable against the dollar on Wednesday, trading at R18.20 as the U.S. dollar weakened following the release of U.S. inflation data. The…