05/29/2024
African nations account for 64% of the Top 50 most admired countries, with South Africa, Nigeria, the United States, China, and Kenya as the top 5 countries perceived to contribute to a better Africa.
05/28/2024
Kakeeto identified a wealth of opportunity within the Ugandan market citing the huge unbanked population that needs services and a variety of products
05/23/2024
The median of 18 economists’ estimates in a Bloomberg survey was for the inflation rate to remain unchanged.
05/22/2024
The latest headline inflation increased by 49bps to 33.69% y/y.
05/22/2024
A smaller increase compared to the previous rate hike of +400bps in February.
05/17/2024
15-year high borrowing costs and elevated inflation have also hit South African consumers.
05/17/2024
Artificial intelligence and other technologies are rapidly shaping all sectors, from health and trade to transport and manufacturing.
05/16/2024
Considering that South Africa’s population is growing at around 1.5% per year, the population is living in a per capita recession.
05/15/2024
The unemployment rate hit 32.9 percent between January and March, up by 0.8 of a percentage point on the previous quarter, national statistics agency StatsSA said
05/15/2024
As a pre-condition for its bid, rejected twice by Anglo, BHP had requested that Anglo exit its platinum and iron ore units in South Africa, drastically reducing its presence in the country.
05/14/2024
The trade gap is at least $90 billion per annum.
05/13/2024
The subsidiary is designed to provide non-banking services including consulting services for Chinese enterprises investing in Africa and releasing research reports.
05/10/2024
It includes information on the size of the industry such as number of banks, customers, and major performance stats including loans and impairments.
05/10/2024
In a complete shift from sentient just a few months ago, markets no longer anticipate an ‘early’ start to the rate cutting cycle in the US, with expectations for a Q4 2024 start at the very soonest.
05/09/2024
Since the end of March, load shedding has been suspended, which has had a positive impact on economic activity.
05/09/2024
Inflation for imported items was 23.5 per cent compared to that for locally produced items, which was 25.7 per cent.
05/07/2024
According to PwC’s 26th Annual Global CEO Survey, 45% of CEOs in Sub-Saharan Africa
05/03/2024
The report forecasted that gold prices could remain high for a long time due to reduction in interest rates by many central banks.
05/02/2024
The increase has been driven by the surge in insurance services revenues and investment income.
05/02/2024
Africa’s most industrialized nation—South Africa—will remain the continent’s largest economy until Egypt reclaims the mantle in 2027