Southern Africa

The South African bank RMB has announced the renewal of its partnership with China Construction Bank (CCB) for another five years. The collaboration, which started in 2009, aims to facilitate …

Zimbabwe’s government has set a deadline of December 2025 to phase out the use of the US dollar in the economy, but many citizens and businesses are reluctant to embrace …

Zimbabwe’s economic landscape faces potential turmoil as the nation contemplates phasing out the use of the US dollar by December 2025, a move met with skepticism by key financial stakeholders. …

Mozambique has reported an outbreak of bird flu at a hen farm in the country’s south, the World Organization for Animal Health (OIE) said on Wednesday. The virus, identified as …

South Africa is poised to reclaim its position as the continent’s biggest economy next year, according to the latest forecasts by the International Monetary Fund (IMF). The IMF’s World Economic …

South Africa’s state-owned freight-rail and ports company, Transnet, is seeking urgent financial support from the government to implement a turnaround plan that aims to restore its operational and financial performance. …

South Africa is feeling the impact of the escalating violence between Israel and Gaza and the release of the Census 2022 results on its economy and markets. The rand, the …

Africa is hosting the annual meetings of the International Monetary Fund and the World Bank for the first time in 50 years, amid rising tensions between the US and China …

South Africa’s largest mobile network operator, MTN, has improved its network availability despite the ongoing power outages that have plagued the country for months. The company said it deployed more …

South Africa is considering removing import duties on chicken meat and eggs as the country faces a severe shortage of poultry products due to a devastating outbreak of avian flu. …