Economy

Capitec Bank expects loan losses to meet targets by 2025, following a robust profit increase and tightening credit criteria, shares surge 7.43%.

Zimbabwe introduces the ZiG currency, aiming for economic stability through strict fiscal discipline, increased transparency, and active citizen participation.

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 …

Zimbabwe’s introduction of the new ZiG currency delays its anticipated IMF programme, aiming for stabilization before re-engaging with global financial institutions.

On Zimbabwe’s Independence Day, President Mnangagwa linked civil servant salary reviews to economic recovery, leaving many in continued financial uncertainty.

South Africa’s Finance Minister rules out using contingency reserves to bailout struggling state firms Eskom and Transnet, focusing instead on national debt reduction.

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.

Zimbabwe commits to economic stability by ensuring new ZiG currency notes are only printed when backed by sufficient gold and foreign currency reserves.

As cocoa prices hit $10,000 per ton, West African farmers are rapidly switching crops to capitalize on the global chocolate crisis, affecting prices worldwide.