News

South Africa’s Reserve Bank kept interest rates unchanged at 7 per cent in its latest MPC meeting, with a split vote that underlined the delicate balancing act between growth and inflation.
Earlier this week the International Monetary Fund agreed to extend Zambia's three month loan programme by three months to allow enough time to complete a sixth review of the copper rich country's ...
Fitch Ratings say it expects a vast majority of Ghanaian banks to reduce their Non-Performing Loan ratios below 15 per cent in line with the Bank of Ghana's regulation, including through write-offs, ...
Trade integration in Africa got a shot in the arm after African Export-Import Bank (Afreximbank) named Real Sources Africa, a tech-enabled trade facilitation company as an authorized Agent of the ...
Midnight today marked the end of a six-month emergency rule in Rivers State, as Nigeria's President, Bola Tinubu, reinstated ...
West Africa has a decent amount of hotel development in the pipeline, accounting for nearly 45 per cent of Africa’s total projects. According to the 2025 Hotel Chain Development Pipelines in Africa ...
South Africa’s central bank kept its key interest rate unchanged at 7% on Thursday. Economists polled by Reuters had predicted a close call between a “hold” decision and a 25 basis point cut. The ...
Traders at UBA say they expect results from this week's Treasury Bills Auction to drive an active market after the Debt Management Office allotted 345 billion naira from the 290 billion naira auction ...
Nigeria's Securities and Exchange Commission plans to adopt a phased implementation of the sustainability disclosure ...
September in South Africa is celebrated as tourism month focusing on the economic and social importance of the tourism sector. Under the theme of 'Fostering the Position of Africa as a Primary Tourism ...
The World Bank's Regional Vice President for Eastern and Southern Africa, Ndiame Diop is in Africa's biggest economy this week, seeking to re-energise efforts to re-ignite growth and create jobs for ...
The U.S. Federal Reserve on Wednesday stateside cut interest rates by a quarter point, bringing the overnight funds rate ...