South African pension funds have collectively lost R200 billion in value over the last twelve months, marking one of the most severe contractions in the local retirement sector in decades. This mas…
Yara International has issued a stark warning to global markets, suggesting that a prolonged conflict in Iran could trigger severe food shortages across Africa. The world’s largest fertiliser produ…
The National Assembly in Cape Town has become the epicentre of political turmoil as the Phala Phala estate saga unfolds with startling speed. President Cyril Ramaphosa’s legal victory against the N…
Nigerian businessman Hayatu-Deen officially secured his presidential nomination form, sending immediate ripples through local financial markets. Investors in Lagos reacted swiftly to the confirmati…
South African households are facing a severe financial squeeze as inflation outpaces wage growth, eroding purchasing power across the nation. The Reserve Bank of South Africa recently confirmed tha…
Cape Town’s central business district has secured a massive R1 billion injection of capital for The Paradigm, a new luxury mixed-use development that promises to reshape the city’s skyline. This fu…
South Africa’s private sector expanded at its fastest pace since August 2022 in April, delivering a much-needed boost to investor confidence. The latest Purchasing Managers’ Index (PMI) data reveal…
Centennial Schools has officially postponed its major expansion project in the Western Cape, signaling a strategic pause in one of South Africa’s most prominent independent education groups. The de…
Oil prices are swinging wildly, sending shockwaves through African economies that rely heavily on imports for fuel and exports for revenue. Markets in Lagos, Nairobi, and Johannesburg are reacting …
Chery Automobile has recorded its strongest monthly sales performance in South Africa during April, signaling a potential shift in the local automotive landscape. This surge places significant pres…
The International Finance Corporation and IFISA have launched a strategic partnership aimed at unlocking billions in private capital for South Africa’s water and sanitation sector. This move direct…
Central banks around the world are adjusting interest rates in response to rising inflation and changing economic conditions. Higher interest rates typically lead to increased borrowing costs for consumers and businesses, impacting spending and investment.