Economy

SA hails AfCFTA as a catalyst for Africa’s economic growth

South African (SA) President Cyril Ramaphosa has reaffirmed the significance of the African Continental Free Trade Area (AfCFTA) as a crucial driver of economic growth and integration across Africa.

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'African Travel Indaba to tackle connectivity, AI in tourism'

Anticipation is high as exhibitors from across the globe prepare for the latest edition of Africa’s Travel Indaba, a premier tourism event showcasing the continent’s diverse offerings.

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Mozambique defaults on external debt amid political, economic turmoil

Mozambique has defaulted on $53 million of its external debt for the 2024/2025 financial year.

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SA railway company banks on engineering arm for turnaround

South African (SA)  rail company, Transnet, says the turnaround of the entity will largely rely on its engineering division as an Original Equipment Manufacturer (OEM).

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Sierra Leone diamond mine closes as pay dispute leads to mass layoffs  

Sierra Leone’s largest diamond mining company, Koidu Limited, has suspended its operations and dismissed the bulk of its local workforce, in what appears to be the fallout of a bitter and unresolved labour dispute.

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Tourism experts call for broader investment beyond SA’s traditional hotspots

Tourism industry leaders have urged the South African (SA) government to expand investment beyond well-established tourism hubs, arguing that all provinces must benefit from efforts to attract international visitors.

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Former SA field ranger among suspects arrested for Kruger National Park illegal hunting

South African (SA) police in Mpumalanga province have arrested two suspects for illegal hunting and trespassing in the country’s Kruger National Park

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Below-average rains threaten Ivory Coast's cocoa mid-crop: Farmers

Heavy rains are needed in Ivory Coast to compensate for below-average rainfall last week and fortify the last stage of the April-to-September midcrop in the country's main cocoa producing regions, farmers said this Monday.

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SA business must be at the forefront of the transformation of African industry: President

South African (SA) business must be at the forefront of the transformation of African industry.

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US, China agree to 90-day temporary pause in trade tariff war

The United States (US) and China have agreed to a 90-day temporary pause in reciprocal tariffs

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