The Rand rose in early trade on Friday, holding on to gains made in the previous session after the central bank announced its biggest rise to the main lending rate in more than six years to rein in inflation.
Botswana’s government says it has no plans to lift its ban on vegetable imports, citing that it plans to expand its list, which comprises 16 vegetables, over the next two years.
President Cyril Ramaphosa has called on the Black Business Council (BBC) to join hands with the government in making sure there is maximum transformation in the business sector of South Africa.
Grindrod’s Matola terminal at the Port of Maputo says it has welcomed its second coal train from Botswana. The terminal also managed to successfully discharge the 50 wagons using the terminal’s tipplers.
The Mauritius Tourism Promotion Authority (MTPA) gears up for a busy summer season as the island records a surge in tourism arrivals during the first quarter of 2022.
Over 500 workers at a coal mine in Mozambique owned by a subsidiary of an Indian company have been on strike for a week, the company said in a statement on Tuesday, hurting coal production at a time of peak coal prices.