Tshepiso Moahloli takes the helm as director-general of NDB Africa Regional Centre

Siphelele Dludla|Published

Moahloli's appointment as the head of the NDB's African regional operations heralds a new chapter in sustainable infrastructure development across Africa, aiming ...

S&P downgrades South Africa's growth forecast for 2025 as economic challenges persist

Siphelele Dludla|Published

S&P Global Ratings has downgraded South Africa's GDP growth forecast for 2025, citing weak economic performance in the first quarter and ongoing challenges in key ...

B20 leaders call for closing the infrastructure gap for sustainable growth in Africa

Siphelele Dludla|Published

The B20 Task Force leaders urge for increased investment in Africa's infrastructure to unlock the continent's economic potential, highlighting the need for improved ...

Major banks to defend against R60bn class action lawsuit in court

Siphelele Dludla|Published

South Africa's major banks are set to defend themselves in court over allegations of unfair home repossessions and auctions, as a class action lawsuit seeks justice ...

PIC and British International Investment sign landmark MoU for sustainable growth in Africa

Siphelele Dludla|Published

Discover how the Public Investment Corporation and British International Investment are collaborating through a new MoU to drive sustainable economic growth across ...

South Africa signs R26bn loan agreement from World Bank to boost economic reforms

Siphelele Dludla|Published

South Africa has signed a $1. 5 billion Development Policy Loan with the World Bank, aimed at driving crucial economic reforms and enhancing infrastructure services ...

Prudential Authority imposes hefty sanctions on three major banks for FIC Act breaches

Siphelele Dludla|Published

The Prudential Authority has taken decisive action against Citibank, HBZ Bank, and Bank of Taiwan for significant breaches of the Financial Intelligence Centre Act, ...

Escalating tensions threaten global oil supplies amidst US strikes on Iran

Siphelele Dludla and Yogashen Pillay|Published

Following the US military's attack on Iran's nuclear facilities, global oil prices are poised for significant fluctuations. Experts weigh in on the potential economic ...

Public sector union raises alarm over severe financial mismanagement of pension funds

Siphelele Dludla|Published

The Public Service and Commercial Union of South Africa has issued a warning about alleged financial mismanagement of over R500 million in pension funds at the GPAA, ...

Sarb warns of climate change woes on financial stability

Siphelele Dludla|Published

The South African Reserve Bank's latest Financial Stability Review highlights the significant risks posed by climate change and cybersecurity threats to the nation's ...

SA markets under pressure as geopolitical tensions escalate and US Fed signals caution

Siphelele Dludla|Published

South African markets experienced a downturn on Thursday, influenced by escalating geopolitical tensions in the Middle East and revised growth forecasts from the ...

Moody’s warns of threat to Transnet ratings as government steps in with guarantees

Siphelele Dludla|Published

Moody's Ratings has placed Transnet's ratings under review for downgrade, following the South African government's announcement of a R51 billion guarantee facility ...

FirstRand Group injects $35 million into FNB Ghana to enhance lending capacity

Siphelele Dludla|Published

First National Bank Ghana Ltd. has secured an additional USD35 million investment from FirstRand Group, reinforcing its financial position and commitment to supporting ...

Global energy transition shows progress but faces mounting challenges - WEF

Siphelele Dludla|Published

A new World Economic Forum report reveals significant advancements in the global energy landscape, highlighting both progress and challenges in the transition to ...

Consumer prices in South Africa poised to rise amid global pressures and Middle East conflict

Siphelele Dludla|Published

Consumer prices in South Africa are projected to rise due to global pressures and escalating oil prices, despite current inflation holding steady at a five-year ...

Sipho Pityana calls for investigation into SA Reserve Bank’s independence after Absa debacle

Siphelele Dludla|Published

Former Absa board member Sipho Pityana raises serious concerns about the independence of the South African Reserve Bank, calling for an investigation into its conduct ...

Anglo American streamlines executive team as it pivots towards core sectors

Siphelele Dludla|Published

Anglo American announces a major restructuring of its executive leadership team, aiming to streamline operations and focus on core business areas following recent ...

Kumba Iron Ore announces key board changes as Themba Mkhwanazi steps down

Siphelele Dludla|Published

Kumba Iron Ore announces the resignation of Themba Mkhwanazi as a non-executive director, effective 30 June 2025, and welcomes Ruben Fernandes as his successor, ...

South Africa's markets on edge amid Middle East tensions and Fed uncertainty

Siphelele Dludla|Published

South Africa's financial markets faced challenges on Tuesday, driven by escalating tensions in the Middle East and uncertainty surrounding the upcoming US Federal ...

High Court upholds Pityana's challenge against Sarb's authority in Absa's chair appointment

Siphelele Dludla|Published

Sipho Pityana's legal battle against the South African Reserve Bank culminates in a significant ruling from the Pretoria High Court, challenging the authority's ...

Nischal Mewalall steps down as SABRIC CEO after five transformative years

Siphelele Dludla|Published

Nischal Mewalall resigns as CEO of SABRIC after five years, reflecting on his achievements in digital innovation and financial crime mitigation during challenging ...

Afreximbank to boost intra-African trade with new Nigeria-Namibia shipping route

Siphelele Dludla|Published

Afreximbank announces a new shipping route between Namibia and Nigeria, aiming to enhance intra-African trade and address logistical challenges faced by the continent ...

Middle East tensions risk pausing South Africa’s interest rate cuts on escalating oil prices

Siphelele Dludla|Published

he ongoing conflict in the Middle East is causing a surge in oil prices, which may lead the South African Reserve Bank to reconsider its interest rate cuts. This ...

Afreximbank launches border market strategy to revolutionise intra-African trade ahead of IATF2025

Siphelele Dludla|Published

Afreximbank unveils a new border market strategy aimed at reducing costs and enhancing efficiency in intra-African trade, leveraging technology to modernise border ...

Cabinet vows to tackle manufacturing and logistics woes amid dwindling economic growth

Siphelele Dludla|Published

Cabinet expresses concern over South Africa's manufacturing downturn, pledging to implement structural reforms to address the logistics crisis and the looming threat ...