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Business, finance, and economic development

Africaโ€™s Maize Market Is Entering a New Phase โ€” What South Africaโ€™s Bigger Harvest Means
Agriculture

Africaโ€™s Maize Market Is Entering a New Phase โ€” What South Africaโ€™s Bigger Harvest Means

South Africa is heading toward another bumper maize harvest, raising hopes of stronger regional supplies and softer pric...

By Rodah Muchembi 2 months ago
A 116 Year Old Private Company Looks To Expand Onto South Africaโ€™s Rail Systems
Economy

A 116 Year Old Private Company Looks To Expand Onto South Africaโ€™s Rail Systems

Grindrod has seen its earnings grow with its ports and terminals leading the way, and is eyeing expansion into South Afr...

By Sizwe Mlotshwa 2 months ago
Dangote Offers East Africa 30% Stake in Planned Lamu Refinery
Trade

Dangote Offers East Africa 30% Stake in Planned Lamu Refinery

Kenya, Ethiopia and Rwanda consider investment in $16 billion project as Dangote expands refining ambitions

By Wambua Kiseli 2 months ago
South African Rand Strengthens Against the U.S. Dollar
Markets

South African Rand Strengthens Against the U.S. Dollar

The South African rand has strengthened sharply against the U.S. dollar, reaching its strongest level since the beginnin...

By Rodah Muchembi 2 months ago
Zambia Records Biggest Maize Harvest on Record
Agriculture

Zambia Records Biggest Maize Harvest on Record

Zambia has recorded its largest maize harvest on record, with an estimated 4.9 million tonnes produced during the 2025/2...

By James A. Abi 2 months ago
Tackling the Gender Pay Gap: A Key Priority for South Africaโ€™s Labour Market
Economy

Tackling the Gender Pay Gap: A Key Priority for South Africaโ€™s Labour Market

The South African labour market continues to reflect unequal employment outcomes between men and women. According to the...

By Sizwe Mlotshwa 2 months ago
South Africaโ€™s Consumer Food Price Inflation Slowed To Its Lowest Level In July 2026
Economy

South Africaโ€™s Consumer Food Price Inflation Slowed To Its Lowest Level In July 2026

The headline inflation rate cooled for the first time in five months, declining to 4,3% in July from 5,0% in June. The m...

By Sizwe Mlotshwa 2 months ago
Standard Bank Posts 10% Profit Jump on Fee and Trading Growth
Finance & Banking

Standard Bank Posts 10% Profit Jump on Fee and Trading Growth

Africa's biggest lender by assets, Standard Bank Group, delivered record headline earnings of R26.1 billion for the firs...

By James A. Abi 2 months ago
IFC Invests $25 Million in Jumia to Expand Africa's E-commerce Infrastructure
Investments

IFC Invests $25 Million in Jumia to Expand Africa's E-commerce Infrastructure

The International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has announced a $25 million...

By James A. Abi 2 months ago
Botswana and Nigeria Seek to Expand Trade Horizons Under AfCFTA
Trade

Botswana and Nigeria Seek to Expand Trade Horizons Under AfCFTA

Botswana and Nigeria have committed to expanding bilateral trade and investment under the African Continental Free Trade...

By James A. Abi 2 months ago
Rand Steady Near Five-Month High Despite Rising Unemployment
Economy

Rand Steady Near Five-Month High Despite Rising Unemployment

The South African rand remained steady in early trade on Wednesday, holding near a five-month high against the dollar de...

By James A. Abi 2 months ago
SA Official Unemployment Rate Rises to 33.6%
Economy

SA Official Unemployment Rate Rises to 33.6%

South Africa's official unemployment rate has risen to 33.6% in the second quarter of 2026, up from 32.7% in the first q...

By James A. Abi 2 months ago