12/22/2025
The trigger for this rush is the Central Bank of Nigeria’s (CBN) directive that banks with international licences must raise their minimum capital base to ₦500 billion by April 2026.
12/22/2025
This is based on rankings from Forbes’ Real-Time Billionaires List, which tracks and estimates the net worth of the world’s known billionaires.
12/18/2025
“To imply systemic failure without such evidence risks conflating allegations with facts, and investigation with adjudication”, it mentioned in a statement.
12/12/2025
The increase in earnings was driven by key industries, with the manufacturing industry experiencing the fastest growth.
12/11/2025
Volume declines were recorded across all payment streams except PayShap.
12/10/2025
The document also revealed that the country’s economy shrank in the first three quarters of 2025.
12/04/2025
Reacting to the economic data, CardinalStone said the dip in the Q3’25 GDP had been anticipated, given softer oil output, a consequence of fading supportive base effects.
12/04/2025
Already, the cost of borrowing has taken a significant hit, dropping from 30.07 per cent in January 2025 to 22.22 per cent in October 2025.
12/03/2025
Only four in 10 small businesses in South Africa believe they can survive more than a year under current pressures without external help, little changed from the first half of 2025, a survey backed by lender Absa Group Ltd. found.
12/03/2025
Key sectors of South Africa’s economy, including auto manufacturing and agriculture, were hit by the tariffs, but readings showed that the impact wasn’t as severe as initially feared.
11/28/2025
Ogbonna further underscored the strategic advantage for African banks as many Western institutions reduce their footprint across the continent.
11/26/2025
The slow economic growth has also led to extremely high unemployment levels, which many economists describe as a crisis.
11/21/2025
The upbeat mood follows a budget update that overshot revenue projections, a credit rating upgrade from S&P Global, and the removal of South Africa from the FATF grey list.
11/20/2025
This is key because infrastructure projects are loading African nations with billions of dollars of high-interest debt.
11/19/2025
The G20’s primary purpose is to discuss and coordinate policies aimed at addressing global challenges and enhancing international financial stability.
11/18/2025
The logic behind the need for our banks to treat staff as their first customers is simple and deeply empirical.
11/17/2025
The consulting firm noted that for non-residents still registered with SARS, the process now requires two key approvals.
11/12/2025
The report follows S&P’s decision to upgrade Ghana’s sovereign credit rating to B-/B with a stable outlook, citing improved fiscal performance and a better balance of payments position.
11/04/2025
It will bring the same scientific seriousness and purpose to tackling the inequality crisis as the IPCC does to stopping climate breakdown.
10/29/2025
While tourist numbers are yet to return to their 2019 levels, South Africans are travelling locally and overseas more than ever.