South Africa’s inflation hits 4% as fuel shock bites
By Ntando Thukwana, Bloomberg South African annual inflation accelerated to the highest level in 20 months in April, driven by sharp increases in local pump prices stemming from the Iran war.…
By Ntando Thukwana, Bloomberg South African annual inflation accelerated to the highest level in 20 months in April, driven by sharp increases in local pump prices stemming from the Iran war.…
MERCEDES will introduce their first significant car upgrade of the season at this weekend’s Canadian Grand Prix. The world championship leaders only brought small modifications to their W17 car for…
For Arsenal fans, it has been a very, very long wait to celebrate winning the Premier League again. So they made sure Tuesday was a special night. Supporters had gathered…
By Liesl Peyper The Middle East is playing a growing role in funding Africa, reflecting changing trade and investment patterns in an more fragmented global economy. Middle Eastern capital flows…
By Greg Ritchie, Bloomberg Yields on the US Treasury’s longest-dated bond rose to the highest level in almost two decades as investor concerns mount that accelerating inflation will force central bankers…
By Kurt Wagner, Bloomberg Meta Platforms is reassigning 7 000 workers to new jobs related to artificial intelligence, according to an internal memo, part of a broad corporate restructuring that includes…
South African retail giant Pick n Pay has raised about 4.7 billion rand ($282 million) after selling part of its stake in discount grocery chain Boxer Retail, as the retailer…
THE governments of Botswana and Angola have become affiliated members of the World Federation of Diamond Bourses (WFDB) as competition from synthetic gems intensifies across global markets. For Botswana, the…
THE African Export-Import Bank (Afreximbank) has extended a US$15 million finance facility to Ecobank Zimbabwe to support small and medium enterprises (SMEs) operating within export value chains under its Export SME Development Programme (ESDP). The facility would provide both working capital and capital expenditure financing to SMEs across key sectors of the economy, including agribusiness,…
CHINA’s ambassador to Zimbabwe Zhou Ding says his country’s new zero-tariff policy on imports from African countries will help boost Zimbabwe’s exports and strengthen economic cooperation between the two nations. Speaking during a cultural exchange event showcasing China’s Dunhuang culture in Harare yesterday, Zhou said bilateral trade and investment between the two countries continued to…
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