Economy
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Economy
The Group of Twenty (G20) South Africa
South Africa (SA) hosts the Group of Twenty (G20) summit this year, the first time the gathering takes place on African soil.
'Production restarts after rebels withdraw'
Date:Apr 17, 2025
Alphamin Resources said it restarted tin production at its Bisie mine in eastern Democratic Republic of Congo (DRC) on Tuesday after rebels withdrew from a nearby town of Walikale.
IMF reaches staff-level agreement set to unlock $441 mln for Tanzania
Date:Apr 17, 2025
The International Monetary Fund (IMF) this Thursday said it had reached staff-level agreement with Tanzanian authorities that, once approved, would give the East African nation access to some $441 million in financing.
Botswana holds main interest rate for fourth meeting in a row
Date:Apr 17, 2025
Botswana's central bank held its main lending rate at 1.90% this Thursday, citing balanced risks to the inflation outlook despite global economic uncertainty sparked by United States (US) tariffs slapped on most countries.
Nigeria signs minerals pact with SA in diversification push
Date:Apr 17, 2025
Nigeria and South Africa (SA) have signed an accord to boost cooperation in mining.
SA Rand weaker as markets await tariff, local government news
Date:Apr 17, 2025
South Africa's (SA) Rand weakened early on Thursday against a firmer Dollar, as markets awaited information on United States (US) tariffs and local investors looked for news on the future of the coalition government.
SA liquor traders warned against breaching trading hours
Date:Apr 17, 2025
Economic Development Department in the Limpopo Province of South Africa (SA) has warned liquor traders who do not adhere to trading hours, that they will have penalties imposed or have their trading licenses revoked.
SA Rand sees Wednesday rise as emerging market stocks fall
Date:Apr 17, 2025
Emerging market stocks fell on Wednesday as investors grappled with the intensifying trade war between the United States (US) and China, while South Africa's (SA) Rand rose on the back of higher gold prices
Musk's SpaceX is frontrunner to build Trump's Golden Dome missile shield
Date:Apr 17, 2025
Elon Musk's SpaceX and two partners have emerged as frontrunners to win a crucial part of President Donald Trump's "Golden Dome" missile defence shield, six people familiar with the matter said.
TSMC forecast lifts gloomy mood in chip stocks, tariff worries linger
Date:Apr 17, 2025
Taiwan's TSMC on Thursday lifted some share prices in Asia and Europe amid United States (US) President Donald Trump's fast-evolving trade policies by providing an upbeat forecast, a day after warnings from Nvidia and ASML rocked chip stocks.
SA steps up efforts to address grey listing, improve financial integrity
Date:Apr 17, 2025
South Africa (SA) is continuing its efforts to meet international financial standards after being placed on the grey list by the Financial Action Task Force (FATF) in February 2023.
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