Browsing: Southern Africa Business

Zimbabwe will introduce higher denomination bank notes to increase the amount of cash in circulation. The country’s finance minister, Mthuli Ncube made this announcement, as inflation…

South Africa’s National Treasury says it will table a new budget on June 24 to ratify plans for a 500 billion rand ($27 billion) stimulus package…

Administrators trying save South African Airways – SAA say they will appeal a court ruling that ordered them to stop a planned layoff process. State-owned SAA…

As Zambia begins the process of shortlisting financial advisers to help reduce its debt load, the country has applied to the International Monetary Fund (IMF) for…

Cross-border traders, who make their living from transactions with neighbouring countries are defying lockdown regulations to cross into countries such as South Africa and Mozambique illegally,…

Zambia has made a decision to shut its border with Tanzania after the country witnessed its highest spike of Covid-19 infections on Saturday. As it widened…

Plans for a new 2,500 megawatt (MW) nuclear power plant is in the works in South Africa, according to the country’s energy ministry’s briefing on Thursday.…

Four African countries have been added to a new list of countries that pose financial risks to the European Union by the European Commission due to…

South Africa’s net foreign reserves has risen to $45.470 Billion in April from $44.774 Billion in March, according to Reserve Bank data showed on Friday. Gross…

A recent survey reveals that South African private sector activity fell to a new record low in April, as seen on Wednesday owing to a nationwide…