South Africa’s two-year inflation expectations moderated marginally, welcome news for the central bank as the Iran war clouds …
International News
GLOBAL oil prices have fallen sharply and stock markets have jumped after the US and Iran agreed to a conditional two-week ceasefire deal that includes the reopening of the key Strait of Hormuz waterway. …
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International News
Oil fluctuates as traders gauge supply impact of Kharg attack
by Staff Writerby Staff WriterOil fluctuated after Iran said crude flows were continuing from its main export hub following a US attack …
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International News
Standard Bank profit rises to record on fee growth, client gains
by Staff Writerby Staff WriterStandard Bank Group, Africa’s biggest lender by assets, reported record profit as a growing client base bolstered fee …
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International News
Gold rises after report of oil-stockpile release to ease shock
by Staff Writerby Staff WriterGold advanced after a report that the International Energy Agency is proposing the largest-ever release of oil reserves …
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South Africa’s economy expanded at the fastest pace in three years in 2025, helped by stronger output in …
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Africa
South Africa initiates $9.2 billion state property plan to reshape its sovereign wealth
by Staff Writerby Staff WriterThe establishment of a new state company intended to serve as a property portfolio and manage around 155 …
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International News
Oil soars above $100 as Iran war forces more production cuts
by Staff Writerby Staff WriterOil smashed through $100 a barrel as more major Middle East producers cut output, though talks on a …
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Africa
Burkina Faso unveils $64 billion 5-year roadmap to transform economy
by Staff Writerby Staff WriterBurkina Faso has adopted a new National Development Plan (PND) 2026–2030, a $64 billion, five-year roadmap aimed at …
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International News
IMF says Mideast war to test world economy, expecting new shocks
by Staff Writerby Staff WriterInternational Monetary Fund Managing Director Kristalina Georgieva said the war in the Middle East will test global economic …
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International News
World Bank says $50 billion committed to African electrification
by Staff Writerby Staff WriterMore than $50 billion has been committed to an ambitious plan to halve the number of people without …