27 May, 2025

AfDB cuts Africa’s 2025 growth forecast on trade tariffs uncertainty

Africa’s economic output is expected to grow by 3.9% this year, the African Development Bank said in its annual African Economic Outlook report on Tuesday.

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27 May, 2025

South Africa denies changing black empowerment policy for Musk’s Starlink

Communications Minister Solly Malatsi denies making “special dispensation for Starlink or any other company or an individual”.

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26 May, 2025

Ghana likely to miss cocoa output target in 2024/25 season

Ghana’s cocoa industry, hit by unfavourable weather conditions and increased smuggling, is likely to miss its output target of 650,000 metric tonnes of this season.

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26 May, 2025

South Africa proposes buying of natural gas from US in efforts to mend relations

South Africa has offered to buy liquefied natural gas from the United States over a 10-year period as part of proposals to secure a trade deal.

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26 May, 2025

AfDB election 2025: Meet the five candidates vying for Africa’s top banking job

Five candidates from South Africa, Senegal, Zambia, Chad and Mauritania, are vying to replace outgoing President Akinwumi Adesina.

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25 May, 2025

Elon Musk to be ‘super focused’ on businesses after X outage

After the X outage on Saturday, Musk suggested that he may have been away from his companies for too long.

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23 May, 2025

Niger seeks to cut Chinese workers in oil projects

Niger asks Chinese firm to terminate the contracts of expatriates who have been working in in the West African country for more than four years as it tries to assert greater control over its natural resources and promote local employment.

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23 May, 2025

South Africa proposes changes that could allow Musk’s Starlink entry

Communications Minister Solly Malatsi has proposed the recognition of so-called “equity equivalent” investment programmes in the information and communication technology sector.

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22 May, 2025

Egypt cuts interest rates for second time in two months

Egypt’s central bank has cut interest rates for the second time since April as inflationary pressures have eased in the North African country.

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21 May, 2025

South Africa presents revised budget

South Africa’s finance minister has presented a third version of the 2025 budget after being forced to backtrack on a proposed increase in value-added tax.

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