The South African rand held steady in early trading on Monday, as investors cautiously navigated turbulent global markets. Amidst lingering uncertainty surrounding geopolitical tensions and economic indicators, the rand’s stability…
Economy
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Capitec Bank expects loan losses to meet targets by 2025, following a robust profit increase and tightening credit criteria, shares surge 7.43%.
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Zimbabwe introduces the ZiG currency, aiming for economic stability through strict fiscal discipline, increased transparency, and active citizen participation.
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Amidst growing tensions in Mali, a prominent civil society group has petitioned the country’s Supreme Court to invalidate the military junta’s recent ban on political activities. The move underscores the…
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Ghana’s Finance Minister, in a recent statement, has expressed optimism regarding the imminent signing of a Memorandum of Understanding (MOU) with bilateral lenders, marking a significant step forward for the…
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Zimbabwe’s introduction of the new ZiG currency delays its anticipated IMF programme, aiming for stabilization before re-engaging with global financial institutions.
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On Zimbabwe’s Independence Day, President Mnangagwa linked civil servant salary reviews to economic recovery, leaving many in continued financial uncertainty.
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South Africa’s Finance Minister rules out using contingency reserves to bailout struggling state firms Eskom and Transnet, focusing instead on national debt reduction.
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Nigeria secures a crucial gas supply deal with Shell for the upcoming $3.8 billion Brass methanol project, aiming to enhance its energy sector and economic growth.
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Zimbabwe commits to economic stability by ensuring new ZiG currency notes are only printed when backed by sufficient gold and foreign currency reserves.