Economy

The Group of Twenty (G20) South Africa

Date: Mar 4, 2025

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Burkina Faso to nationalise more industrial mines: PM

Rwanda escorted the troops of a Southern African force through Rwandan territory to Tanzania this Tuesday as they pulled out from eastern Democratic Republic of Congo (DRC) a Spokesperson for the Rwandan army said.

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Former Shell oil traders set up trading house with focus on Africa: Sources

Several former traders from global oil company, Shell have set up trading house Atmin, backed by Afrexim Bank, to focus on African oil trading, two trading sources familiar with the development said

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March sees spike in traveller numbers to, from SA

South Africa (SA) experienced a notable rise in border crossings last month, with nearly three million people travelling into and out of the country.

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Belgium open to bigger role in DRC minerals sector: Foreign Minister

Belgium is open to deeper involvement in Democratic Republic of Congo's (DRC) minerals sector, its Foreign Minister said on a visit to the former Belgian colony, which is seeking to diversify its investment partners.

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‘Digital technology could be a game-changer for Africa’s offshore sector’

 As Africa looks to expand its offshore energy sector, the continent still faces a significant hurdle: the lack of deep-water ports, support bases, and reliable infrastructure.  

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Uganda Shilling strengthens due to month-end charity inflows

The Uganda Shilling strengthened slightly on Tuesday, bolstered by month-end inflows of hard currency from charities, according to traders

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US goods trade deficit widens sharply in March

The United States (US) trade deficit in goods widened sharply in March as imports surged, suggesting that trade exerted a large drag on economic growth in the first quarter.

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SA, Botswana strengthen energy partnership

South Africa’s (SA) Minister of Energy and Electricity, Dr Kgosientsho Ramokgopa, has embarked on a working visit to Botswana to reinforce the strategic partnership between the two nations in the energy and electricity sectors.

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Apple investors seek clarity on tariffs, AI strategy as iPhone sales decline

Apple is expected to face a string of questions over the delayed roll-out of key AI features and the impact of the Sino-United States (US) tariff standoff on its business when it reports results on Thursday.

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SA G20 presidency aims to drive development across Africa: Deputy President

South Africa's (SA) Deputy President Paul Mashatile has reaffirmed the country's commitment to advancing development across the continent through its leadership of the G20.

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