Zimbabwe plans to cancel duty on food imports to help cushion prices from the impact of potential crop shortages caused by the El Nino weather pattern, said Finance Minister Mthuli Ncube. The measure ...
South Africa delayed by six months a request for proposals from private companies to build transmission lines, further slowing the expansion of the country’s electricity infrastructure. The Independen...
Absa Group has become the first bank on the continent to offer digital-asset custody as it seeks to tap a market estimated at about $1.5 billion. The Johannesburg-headquartered lender will offer its S...
The Johannesburg Stock Exchange (JSE) has issued a public censure against primary New York Stock Exchange (NYSE)-listed gold miner AngloGold Ashanti plc for breaching its listings requirements after d...
Oil steadied after a two-day gain as the US sent an additional aircraft carrier to the Middle East, potentially escalating the war with Iran and threatening to hamper a recovery in energy flows. Brent...
South African taxpayers are increasingly being forced into the courts to challenge the South African Revenue Service (Sars) over its refusal to suspend payment of disputed tax debts. By law, taxpayers...
Discovery Health Medical Scheme (DHMS) says its medical aid contributions will increase by between 7.4% and 8.9% from 1 January 2027, with what it terms as two-thirds of beneficiaries facing increases...
The Department of Transport (DoT) is in the process of reforming its public transport grant system into a unified support model available on selected routes to both bus and taxi operators. Minister of...
A full bench of the Pietermaritzburg High Court ruled on 30 September that eThekwini had no reasonable prospects of success in its appeal against the December judgment. In the initial judgment, the hi...
The price of petrol 95 is expected to breach the R30-a-litre mark in October for the first time, according to the latest projections from the Central Energy Fund (CEF). The CEF’s final monthly update ...
The usual calculations of how much consumers will have to pay on their mortgages, car instalments and credit cards, and how much more it will cost to fill their cars with fuel, do not come close to de...
Former Miss South Africa Tatum Keshwar-Wheatley will no longer provide consulting services to Africa Bitcoin Corporation (ABC), while chief investment officer Akshay Karan has stepped down with immedi...
A near $100 billion rout in September has left South Africa’s benchmark stock index at its most oversold level in 17 months, according to a momentum indicator that measures the speed and magnitude of ...
The National Prosecuting Authority (NPA) says the arrest of two Home Affairs officials accused of selling fraudulent passports marks a decisive step in dismantling a criminal syndicate that has exploi...
Persian Gulf oil producers are shifting critical cargo transfer operations even farther out of the war-hit region as waters just outside the Strait of Hormuz become congested with tankers. It’s anothe...
Zimbabwe said that compensation to White farmers for land seized 26 years ago has now reached $508 million, as the southern African nation seeks to restore access to international capital markets. “Th...
Pandora A/S is seeing US demand stabilise at a low level as consumers grapple with inflation and high gas prices, Chief Executive Officer Berta de Pablos-Barbier said. The Danish jeweller saw consumer...
Banks wrapped up the syndication of roughly $52 billion of debt to fund Paramount Skydance Corp’s acquisition of Warner Bros Discovery, locking in long-term financing at a hefty cost for the US media ...
Sihamba Sonke Mobility (SSM) has been announced as the new private operator of the Gautrain for the next 15 years. The 15-year concession, running from 2026 to 2041, covers the operations, maintenance...
Ted Sarandos, co-chief executive officer at Netflix, said the US streaming giant isn’t growing as quickly as he would like. “Overall, we’re not growing as fast as I want us to, and we’re working on ma...
President Donald Trump said former Federal Reserve Chair Jerome Powell should resign from the central bank’s Board of Governors over findings the central bank mismanaged the renovation of its headquar...
India’s Prime Minister Narendra Modi and US President Donald Trump discussed cooperation on defence, trade, energy, and critical technologies in their first phone call since June, according to a state...
Discovery Vitality is launching a HealthyWeight programme to support people who may be on GLP-1 weight-loss medicines, offering for nutrition, lifestyle and behaviour change advice – arguing that sust...
The Financial Sector Conduct Authority (FSCA) issued three separate announcements on Wednesday to say it had decided to provisionally withdraw the licences of three financial firms that are authorised...
The South African Property Owners Association (Sapoa) is preparing to launch a legal battle against one of the country’s big metros over plans to use property values to determine what the municipal ra...
Highly sophisticated syndicates are intercepting payouts intended for beneficiaries of deceased estates by fabricating executor and power of attorney documents. The fraud, known in the financial indus...
Fresh from being reinstated as Public Investment Corporation (PIC) CEO after a court set aside his suspension, Patrick Dlamini used the asset manager’s annual results presentation on Wednesday to stre...
Despite retiring as CEO of Woolworths Holdings on 31 May 2026, Roy Bagattini retains long term incentives across its restricted share plan (RSP) and performance share (PS) schemes, with a fair value t...
Africa is building faster ways to move money across borders. However, faster payment rails are exposing the question whether banks and payment providers have enough of the right currencies, at the rig...
Femi Ogunjimi co-founded the Nigerian financial firm CardinalStone in 2008. He now focuses on its private equity arm, CardinalStone Capital Advisers, which invests in companies across West Africa. H...
Learn how Hadija Jabiri started a business that exports Tanzania’s agricultural produce to Europe and beyond. Our new book, How we made it in Africa II: Real stories of entrepreneurs turning opportun...
From more than 24,000 applications across all 54 African countries, ten founders have emerged as the 2026 Africa’s Business Heroes Top 10. Following two days of live Semi-Final pitches in Nairobi on 2...
American investor Finn Walker is the managing partner of Heron Partners, which invests in companies listed on African stock exchanges. One of the key reasons Walker is bullish on Africa is the contine...
The Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative of Alibaba Philanthropy, has announced the 20 entrepreneurs who will advance to its 2026 Semi-Final, taking place in Na...
Learn how Kenyan entrepreneurs Leonard and Emily Mcharo achieved financial freedom by their forties, in our new book How we made it in Africa II. The paperback and ebook versions are available here. ...
Richard Okello, co-founder of African investment firm Sango Capital, sees strong potential across a variety of sectors. Okello is particularly keen on African retail. “The transformation from unorgan...
Learn how Kenyan entrepreneurs Leonard and Emily Mcharo achieved financial freedom by their forties, in our new book How we made it in Africa II. The paperback and ebook versions are available here. ...