By Ntando Thukwana, Bloomberg South African central bank Governor Lesetja Kganyago promised that officials will lower the inflation rate …
By Monique Vanek, Bloomberg African policymakers are set to keep interest rates higher for longer as renewed hostilities between the US and Iran fan fresh inflation fears, especially in countries that are net fuel …
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International News
Bitcoin tumbles below $70 000 for first time in two months
by Staff Writerby Staff WriterBy Suvashree Ghosh, Bloomberg Bitcoin dipped below $70 000 for the first time in almost two months as concerns …
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International News
More African nations seen reaching investment grade, AfDB says
by Staff Writerby Staff WriterBy Jennifer Zabasajja and Moses Mozart Dzawu, Bloomberg More African countries are likely to regain or achieve investment-grade credit …
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International News
Oil rises from six-week low amid uncertainty over US-Iran deal
by Staff Writerby Staff WriterOil rose from a six-week low amid uncertainty over the outlook for a peace deal to end the …
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International News
SA poised for first rate hike since 2023 on Iran war
by Staff Writerby Staff WriterBy Ntando Thukwana, Bloomberg The South African Reserve Bank is set to raise borrowing costs for the first time …
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International News
Hong Kong overtakes Switzerland as top offshore wealth hub
by Staff Writerby Staff WriterBy Diana Li, Bloomberg Hong Kong has narrowly overtaken Switzerland to become the world’s largest cross-border wealth hub, driven …
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International News
Billionaire-backed African parks goes local to preserve gains
by Staff Writerby Staff WriterBy Bonolo Mokonoto, Bloomberg African Parks, a conservation nonprofit backed by some of the world’s richest people, is seeking …
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By Ana Monteiro, Bloomberg Africa’s biggest stock-exchange operator is working to tighten oversight of how brokers and trading firms …
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International News
Gold jumps as prospects of Iran deal temper inflation concerns
by Staff Writerby Staff WriterGold jumped as signs the US and Iran are closing in on a deal that would reopen the …
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International News
African leaders call for regional cooperation, market reforms to unlock nuclear energy financing
by Staff Writerby Staff WriterAfrican leaders have called for regional cooperation and market reforms to unlock nuclear energy financing and transition the …
