IMF Africa chief Abebe Selassie to retire after leading department through turbulent decade

Siphelele Dludla|Published

Abebe Aemro Selassie, director of the IMF’s African Department, announces his retirement after a transformative 32-year career, marked by significant contributions ...

Global cooperation adapts under pressure but remains below what the world needs - WEF

Siphelele Dludla|Published

Despite increasing geopolitical tensions, the World Economic Forum's Global Cooperation Barometer 2026 reveals that global cooperation is adapting and evolving, ...

New vehicle sales surge past pre-pandemic levels to clock nearly 600 000 in 2025

Siphelele Dludla|Published

South Africa's new vehicle market experienced a remarkable recovery in 2025, surpassing pre-pandemic sales levels for the first time. This article explores the factors ...

IMF flags deepening growth bottlenecks as Botswana’s diamond model comes under strain

Siphelele Dludla|Published

Botswana's economy, heavily reliant on diamond revenues, faces serious challenges as global demand declines. The IMF highlights structural bottlenecks and calls ...

SA manufacturing activity slips to 11-month low as weak demand drags business sentiment

Siphelele Dludla|Published

South Africa's business conditions worsened in December, with the S&P Global PMI dropping to its lowest level in nearly a year, reflecting subdued demand and declining ...

Resilience, softer dollar sees rand end year on a high as investors weigh risks into 2026

Siphelele Dludla|Published

This comes as the domestic currency is ending the year on a high note as it surged to its highest in three years this week, strengthening to R16.71 against the US ...

WEF sketches four possible global economic futures shaped by geopolitics and technology

Siphelele Dludla|Published

The World Economic Forum's latest white paper outlines four potential scenarios for the global economy by 2030, highlighting the impact of geopolitical tensions ...

DBSA commits $200m to Lobito Atlantic Railway in Angola

Siphelele Dludla|Published

The Development Bank of Southern Africa (DBSA) has signed a pivotal loan agreement for the Lobito Atlantic Railway Project in Angola, securing $200 million to enhance ...

Workers' strike at DRDGOLD’s ERGO operations suspended

Siphelele Dludla|Published

DRDGOLD announces the suspension of planned strike action at its Ergo Mining operations, following negotiations with trade unions over wage disputes. The company ...

Tsebo Solutions Group expands to pest control business with Flick acquisition

Siphelele Dludla|Published

Tsebo Solutions Group has acquired Flick Pest Control, enhancing its Cleaning, Hygiene and Pest Control division to meet growing demands for compliance-driven pest ...

IMF Board backs stronger, clearer fiscal policy advice after independent evaluation review

Siphelele Dludla|Published

The IMF's Executive Board has endorsed key recommendations aimed at enhancing the clarity and effectiveness of its fiscal policy advice, following an independent ...

Trump expands and tightens US travel restrictions, citing persistent vetting failures

Siphelele Dludla|Published

US President Donald Trump has announced a new proclamation that expands immigration restrictions, affecting nationals from several countries due to national security ...

FSCA approves 300 crypto service providers, intensifies action against unlicensed operators

Siphelele Dludla|Published

The regulator said it had received 512 licence applications as at 12 December 2025. Of these, 14 applications were declined and 121 were voluntarily withdrawn after ...

Financial ombud's banking division returns over R60m to consumers as fraud complaints surge

Siphelele Dludla|Published

The NFO Banking Division returned over R60 million to consumers in 2025, addressing banking fraud and service failures while promoting accountability and consumer ...

G20 urged to refocus as landmark review finds influence waning amid global tensions

Siphelele Dludla|Published

The G20@20 Review highlights the need for the Group of Twenty to refine its agenda and enhance its effectiveness in a fragmented global landscape, as it prepares ...

Reforms and firm commodity prices set Sub-Saharan Africa on stronger growth path in 2026

Siphelele Dludla|Published

Standard Chartered's Global Focus report highlights a promising economic outlook for Sub-Saharan Africa, projecting a growth rate of 4.3% by 2026, driven by resilient ...

Parliament calls for withdrawal of policy directive paving way for Starlink's entry into SA

Siphelele Dludla|Updated

The directive, published in the Government Gazette on Friday, was issued in terms of section 3(2) of the Electronic Communications Act (ECA) and follows an extensive ...

FSCA defends R2bn enforcement action against Banxso as liquidation process unfolds

Siphelele Dludla|Published

The Financial Sector Conduct Authority has imposed R2 billion in penalties on Banxso and its directors for serious financial misconduct, leading to the company's ...

Mining and manufacturing start Q4 on stronger footing, but momentum remains uneven

Siphelele Dludla|Published

South Africa's mining and manufacturing sectors reported growth in October 2025, with mining production expanding by 5.8% year-on-year. Despite this positive trend, ...

US lawmakers table Bill to extend Agoa by three years to 2028

Siphelele Dludla|Published

US legislators have introduced a bill to extend the African Growth and Opportunity Act, aiming to restore stability in trade relations with sub-Saharan Africa and ...

Eskom System Operator chief Isabel Fick resigns after 30 years to join Africa GreenCo

Siphelele Dludla|Published

Isabel Fick, a leading expert in South Africa's electricity sector, resigns from Eskom to join Africa GreenCo as group head of trading and operations, marking a ...

IMF backs South Africa’s primary surplus drive as key to stabilising soaring debt

Siphelele Dludla|Published

The International Monetary Fund (IMF) endorses South Africa's ambitious budget surplus target, highlighting its importance for stabilising national debt and ensuring ...

HEINEKEN Beverages mulls over next steps after losing court case against striking workers

Siphelele Dludla|Published

The Labour Court in Cape Town has ruled that HEINEKEN unlawfully withheld bonuses from employees who participated in a protected strike, reinforcing workers' rights ...

HEINEKEN Beverages loses Labour Court battle over withholding bonuses from striking workers

Siphelele Dludla|Published

The Labour Court in Cape Town has ruled that HEINEKEN unlawfully withheld bonuses from employees who participated in a protected strike, reinforcing workers' rights ...

ANC reignites push to broaden Reserve Bank mandate as economic crisis deepens

Siphelele Dludla|Published

The African National Congress has revived its proposal to expand the South African Reserve Bank's mandate, arguing for a focus on unemployment and economic growth ...