Business

Falling fuel price could push inflation to 17-year low – BNP Paribas

Falling fuel prices and collapsing demand are likely to outweigh the effects of a weaker rand, and could push consumer…

May 11, 2020

Pandemic can boost digital financial services – Ecobank CEO

The COVID-19 pandemic is likely to quicken the shift to digital financial services in Africa, Ecobank Transnational Incorporated CEO Ade…

May 10, 2020

South African wine exports to resume as lockdown eases

South Africa will allow all agricultural exports including wine and wool to resume under new lockdown regulations. The country will…

May 1, 2020

South African Airways suffer financial losses

South African Airways suffer heavy financial losses as the ramifications of the covid -19 pandemic hits hard. The South African…

May 1, 2020

Standard and Poor’s downgrades S. Africa’s credit ratings

Standard and Poor’s on Wednesday lowered the credit rating for South Africa by one notch to “BB-” due to the…

April 30, 2020

Zimbabwean farmers start selling tobacco crop following coronavirus delay

Zimbabwe farmers started selling their tobacco crop on Wednesday after the coronavirus outbreak delayed the opening of auctions, which provide…

April 30, 2020

IMF approves $3.4 billion emergency loan to Nigeria

The International Monetary Fund said on Tuesday its executive board approved $3.4 billion in emergency financial assistance for Nigeria to…

April 29, 2020

Burkinabe traders demonstrate to demand reopening of markets

Several hundred Burkinabè traders demonstrated Monday in Ouagadougou to demand the reopening of all the markets, which were closed at…

April 28, 2020

Egypt in talks with IMF for financial assistance

Egyptian Prime Minister Moustafa Madbouli announced on Sunday that his government had started negotiations with the International Monetary Fund (IMF)…

April 27, 2020

Coronavirus raises the chance of China debt trap in Djibouti

Infrastructure projects financed by Chinese capital are gathering steam in Djibouti, causing concern in Washington that the tiny East African…

April 26, 2020

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