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The International Monetary Fund (IMF) has expressed concerns over the Reserve Bank of Zimbabwe's (RBZ) quasi-fiscal operations, urging the country to terminate these activities that previously led to...
South Africa's fiscal stability is under threat as it negotiates a $1 billion loan from the World Bank for energy sector reforms. The Democratic Alliance (DA) has voiced concerns over the country's...
Zambia is nearing the finalization of a significant debt agreement with its international creditors, including China and Western nations, as reported by an International Monetary Fund (IMF)...
The South African rand experienced a significant downturn this Tuesday, continuing a week of losses driven by a robust U.S. dollar and increasing U.S. Treasury yields. The currency traded at 19.2525...
On Tuesday, the South African rand depreciated against the US dollar, a development attributed to unfavorable local economic data and rising US Treasury yields. The ABSA Manufacturing PMI's decline...
Diesel, petrol, and illuminating paraffin prices in South Africa are expected to increase in October for the fourth and third consecutive months respectively, according to unaudited fuel data from the...
The South African Reserve Bank (SARB) announced its decision to keep the repo rate unchanged at 8.25% on Thursday, September 21, 2023. This move also leaves the prime lending rate, the rate at which...
A recent report from South Africa's Standard Bank has highlighted numerous challenges faced by African businesses, particularly in the context of local currency depreciation, foreign currency...
A recent report from South Africa's Standard Bank has highlighted numerous challenges faced by African businesses, particularly in the context of local currency depreciation, foreign currency...
South Africa is bracing for significant increases in fuel prices in October, following a surge in international oil prices and a weaker rand-dollar exchange rate. The Automobile Association (AA)...
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