09/21/2023
Although food and non-alcoholic beverages (NAB) inflation continued to drop, it was not enough to counteract the rise in fuel prices and increases in municipal tariffs.
09/20/2023
Nigeria’s total external debt stood at N33.25tn ($43.16bn) in Q2 2023, while total domestic debt was N54.13tn ($70.26bn).
09/20/2023
Eskom CFO Calib Cassim took over as interim CEO, but he will likely steer the ship for longer than expected.
09/20/2023
Google search records showed that Kenyans are interested in learning about AI and whether their jobs are at risk.
09/19/2023
In addition, there are very few reasonably sized businesses in Imo State, and sometimes the skills available do not match the needs of the market.
09/18/2023
As government finances worsen and households struggle, the immediate future looks bleak
09/18/2023
Speaking with Business Times, seasoned economist Dawie Roodt said there are two mechanisms that the SARB uses that impact inflation in South Africa.
09/15/2023
Any disruption to the process can thus affect the livelihoods of millions.
09/15/2023
The country has effectively run out of money and faces a debt trap, and will have to either boost revenue and find funding, or make severe cuts to spending.
09/14/2023
Data released by the central bank in June showed the Treasury missed its target of achieving a primary budget surplus in the 2022-23 fiscal year
09/13/2023
The researchers also noted a concerning trend from the deposit statistics published by the South African Reserve Bank is the deteriorating state of small unincorporated businesses
09/11/2023
Many of these hidden costs often lurk in businesses and personal finance and may be challenging to identify, but they can add up and become a significant financial burden.
09/11/2023
During the period, the group tightened its credit granting criteria to address the risks to the loan book amidst the difficult economic environment.
09/06/2023
Despite a decline in overall household consumption, consumers continued to spend more on restaurants and hotels.
09/05/2023
Ruto highlighted his government’s initiative to establish smart cities to tackle unsustainable settlements
09/04/2023
The positive outcome on the current account was mostly due to a lower net deficit
09/04/2023
Steps to improve the power supply – including relaxing restrictions on private power generation – could see the growth rate improve to 1.7% next year, IMF forecasts show.
09/01/2023
The overall rate was lower than Q2 2022 by 1.90% points, and higher by 5.63% points than the preceding quarter.
08/31/2023
The yield on notes due December 2026 rose three basis points to 8.89%, while those on debt maturing in 2048 jumped nine basis points to 12.37%.
08/29/2023
There has also been a 14.2% decrease in the number of liquidations for the first seven months of 2023 compared to the same period in 2022.