Only 39% of African businesses use African currencies to finance their cross- border deals, a big fall from the 69% recorded ...

Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1,000 employees by August this year, a company official said, as it ...

Currency volatility, especially for organisations relying on international software solutions denominated in foreign ...

Zimbabwe's corporate sector faces unprecedented challenges as major players like Tongaat Hulett announce job cuts and ...

African governments celebrate the oversubscription of bonds as a sign of strong investor confidence in African economies and ...

South Africa's rand strengthened on Wednesday, ahead of a key U.S. inflation report that could provide clues on the Federal ...

Nigeria has lost $310 billion in GDP during the last ten years due to a combination of factors, including low productivity, ...

The rand has fallen sharply against the greenback over the past three weeks. On Friday the South African currency broke through the R19-level, trading at R19.10 at around 5pm. This is more than 7% ...

Inflation continues to challenge several African economies in 2025, with rising consumer prices impacting the cost of living, ...

For the first time since 2016, South Africa‘s rand finds itself among the five best-performing emerging-market currencies of the year — and there may be more to come, according to analysts at Credit ...

Police ended a rescue operation at an abandoned gold mine on Wednesday and said they believe they have brought out all the survivors and retrieved all the bodies after hundreds of miners were trapped ...