The rand appeared to be headed for weekly losses on Friday, as the dollar was buoyed by the expectation of a faster pace of US Federal…
Browsing: Southern Africa Business
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Exxaro Resources, a coal miner in South Africa, said on Thursday that it has received “many” approaches from European nations seeking to sign supply contracts after…
Moxico Resources, based in the United Kingdom, is to invest $100 million to expand its majority-owned Mimbula copper mine in Zambia, according to UK Minister for…
The Tourism Business Council of South Africa welcomes the lifting of the National State of Disaster. The government implemented these regulations in response to the onset…
In response to the soaring prices of certain commodities, the Madagascar government has now frozen the prices of several essential products such as sugar, flour, rice,…
The Rand dipped in early trade on Wednesday as the dollar strengthened following hawkish comments from US Federal Reserve officials. The rand was trading at R14.73…
Sugar cane producers in South Africa said Finance Minister Enoch Godongwana’s announcement of a 12-month postponement in the sugar tax. The rise, which was supposed to…
South Africa’s Tharisa Capital is set to invest $250 million to complete the first phase of the Karo platinum project in Zimbabwe over the next two…
The rand of South Africa sank in early trade on Thursday as the conflict in Ukraine went on and commodity prices, which help the country’s resource-rich…
Africa’s most industrialized nation, South Africa has reopend it’s doors to the world. The recently concluded South African Investment Conference 2022 is a glaring evidence of…