08/14/2023
This is what South Africans are doing to make it through the month
Deloitte said that this highest level of frugality was measured across the 13 countries in the index, with Canada coming second (37%) and Brazil third (36%).
Comment, Analysis & Research
08/10/2023
Standard Bank PMI Survey: Economic Acceleration Begins to Impact Private Sector
In the document, Standard Bank Mozambique added that the higher level of demand also encouraged companies to increase output prices faster in July as well as employment figures.
08/09/2023
Global employment to grow by one per cent 2023 – ILO
ILO said SDG Goal 8, which brings together social, economic, and environmental targets, has an impact on all other Agenda 2030 goals.
08/03/2023
A modest drop in federally collected revenue in Q1 ‘23
The main factor which contributed to the modest rise was higher collection from value-added-tax (
08/02/2023
Jacaranda FM and Access Bank South Africa present Womenpreneur #herperfectpitch 2023
To elevate businesswomen in South Africa by helping her refine HerPerfectPitch and win over R1 million in business assistance this Women’s month
08/02/2023
South Africa faces one of its biggest economic challenges this month
Agoa is a law passed by US Congress providing various Sub-Saharan African countries that meet certain eligibility criteria, including South Africa, with preferential access for over 1,800 specified items to the US market.
08/01/2023
A rise in the external debt stock in Q1 ‘23
he rise was mostly driven by an increase of USD397m in debt obligations to the World Bank
08/01/2023
PwC 2023 Ghana Banking Survey: 92% of banks without government control say losses from DDEP was their biggest pain
For liquidity concerns, regional banks (100%) were the most concerned, followed by local banks (87%).
07/28/2023
Jeremy Awori: Ecobank Group CEO on his vision at the pan-African bank after leaving Absa
The transition process with my predecessor was robust and provided an effective grounding and readiness to hit the ground running to lead the Ecobank Group to exciting next levels.
07/26/2023
A less aggressive rate hike by the MPC
Our view, shared with local news wires for a pause, mainly because we opined that most of the drivers of inflationary pressure are outside the scope of monetary policy.
07/26/2023
Global growth shows near-term resilience; but to slow to 3% in 2023 – IMF
And financial instability following the March banking turmoil remains contained thanks to forceful action by the US and Swiss authorities”.
07/26/2023
2023 Southern Africa Economic Outlook: Southern Africa’s economic prospects subdued, yet abounds with investment opportunity in climate change initiatives
In 2022, the Southern Africa region’s GDP growth barely reached 2.7 percent, a level much lower than global and African averages of 3.4% and 3.8 %.
07/25/2023
Sh375bn revenue shortfall deepens Kenya cash crisis
All revenues, including gross domestic and external financing, added up to Sh3.244 trillion.
07/24/2023
Rich South Africans are selling up to emigrate
Overall, the number of South Africans who indicated they were selling their houses to emigrate stood at 9.0% in the second quarter of the year.
07/24/2023
Equity female staff paid 52pc below men in same positions
The gender pay gap in Kenya has expanded in recent years from 31 percent in 2019 before rising to 43 and 46 percent respectively in 2020 and 2021 respectively.
07/20/2023
Highlights of the June 2023 Nigeria Development Update
The report series, which is produced twice a year, seeks to address recent economic and social developments and prospects in the country.
07/20/2023
D-Day for interest rates in South Africa
Forward-rate agreements used to speculate on borrowing costs show traders are less certain that a quarter-point increase is a done deal after softer-than-anticipated inflation data on Wednesday.
07/19/2023
South Africa’s outlook stable: Fitch
Government is implementing urgent measures to reduce load-shedding in the short term and transform the sector through market reforms to achieve long-term energy security.
07/17/2023
Mozambique Scandal: How Credit Suisse Has Improved
As a result, the African country was plunged into a severe financial crisis, with the case becoming a cautionary tale about the hidden risks of lending to poor countries.
07/17/2023
How much you need to earn to be in the richest 1% in South Africa
The World Inequality Lab database was constructed by an international network of more than 100 academics, including Thomas Piketty and Nobel Prize winner Abhijit Banerjee, making it possible to compare income inequality in 173 countries.