08/02/2023
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
he rise was mostly driven by an increase of USD397m in debt obligations to the World Bank
08/01/2023
For liquidity concerns, regional banks (100%) were the most concerned, followed by local banks (87%).
07/28/2023
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
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
And financial instability following the March banking turmoil remains contained thanks to forceful action by the US and Swiss authorities”.
07/26/2023
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
All revenues, including gross domestic and external financing, added up to Sh3.244 trillion.
07/24/2023
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
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
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
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
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
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
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.
07/17/2023
BusinessDay’s findings showed these companies have survived difficult periods by adapting to changing market conditions, diversifying their operations, and investing in innovation despite economic headwinds.
07/12/2023
TrendER/infoQuest interviewed 300 South Africans in June 2023, with the results compared to a year prior.
07/12/2023
Mastercard Foundation, AngloGold Ashanti, Vodafone Business, International Trade Center and SheTrades are the official partners for the conference.
07/11/2023
Of more concern is that even when stripping out the impact of inflation, in real terms, average take-home pay has been slipping due to poor economic conditions, especially after 2021.
07/10/2023
The year-on-year total gross earnings increased by R43.2 billion or 5.5% between March 2022 and March 2023.