Africa News S.Africa’s rand extends losses with new inflation data on deck Yomna Yasser Jul 24, 2024 0 South Africa’s rand extended its losses on Wednesday morning as investors awaited key inflation data, expected to…
Initiatives BRICS to establish joint geological platform Aya Anwar Jul 23, 2024 0 The BRICS countries, with Egypt's participation, have agreed to establish a joint geological platform aimed at…
Africa News AfDB approves $1b loan for S. Africa’s Transnet Aya Anwar Jul 18, 2024 0 The African Development Bank (AfDB) has approved a $1 billion loan for South Africa's Transnet to support the…
News S. African retail sales inch up 0.8% YoY in May Nada Ali Jul 17, 2024 0 Statistics South Africa released retail sales data on Wednesday, showing a modest year-on-year increase but a…
News SA’s Ramaphosa pushes for renewable energy to avoid carbon tax Aya El Sayed Jul 15, 2024 0 South Africa's President Cyril Ramaphosa cautioned developing nations that proposed carbon taxes from wealthy…
Africa News Egypt remains Africa’s top investment destination – UNCTAD Nada Ali Jul 14, 2024 0 Egypt has been named Africa's top destination for foreign investment for the second consecutive year, according to…
Africa News S. African manufacturing contracts amid weak demand Aya Anwar Jul 1, 2024 0 South African manufacturing activity contracted in June, with the PMI survey showing a reading of 45.7, up from…
International News India’s bond debut may drain other emerging markets Nada Ali Jun 26, 2024 0 The Indian sovereign bonds in a global index may lead to investment outflows from other emerging markets like…
Featured Emerging markets see inflows for 7th month in May – IIF Nada Ali Jun 6, 2024 0 Emerging markets extended their streak of attracting foreign portfolio inflows for a seventh consecutive month in…
Africa News S. Africa PMI signals private sector growth Aya Anwar Jun 5, 2024 0 South Africa’s private sector economy showed positive signs in May, PMI data released on Wednesday shows.