Juba Markets Slowly Revive Amid Tensions, but Many Shops Remain Closed
Markets in Juba, the capital of South Sudan, are gradually returning to life after weeks of disruption caused by ongoing insecurity and economic instability. While...
Category : ECONOMY
The Tunnel of No Return: A Journey Through Shadows and Shackles
We must accept finite disappointment, but never lose infinite hope.” — Dr. Martin Luther King Jr. Today, as we honor the birth of a prophet...
Ramaphosa Heads to Davos to Address South Africa’s Economic Challenges Before G20 Summit
South African President Cyril Ramaphosa is set to attend the World Economic Forum in Davos, Switzerland, where he will engage global leaders on South Africa’s...
Ethiopia-Iran Relations Offer Great Opportunity for Economic Growth
Iran is increasingly looking to strengthen its ties with Ethiopia, viewing the relationship as a significant opportunity for economic growth. As both nations seek to...
Gambling Board Warns Against Betting Amid Rising Financial Pressures
The national gambling board has issued a stern warning to the public about the dangers of excessive betting as financial pressures continue to mount for...
South African Trade Sector Shows Positive Employment Outlook Despite Economic Challenges
South Africa’s trade sector is showing a promising employment outlook for 2024, despite the persistent economic challenges the country faces. According to recent reports, the...
Canada Prepares Retaliatory Tariffs on $105 Billion US Goods Amid Potential Trump Action
Canada is gearing up for a significant trade standoff with the United States as it announces plans to impose tariffs on $105 billion worth of...
Fuel Price Increase Expected in February
A significant fuel price hike is expected to take effect in February, according to industry sources and government officials. The planned increase is set to...
South Africa’s Economy Poised to Overcome Decade of Stagnation
South Africa’s economy is showing signs of breaking free from a decade-long period of sluggish growth, spurred by key reforms and a more stable global...
Rand Hits R19/$ as Market Awaits Key US Jobs Data
The South African rand weakened to R19 against the US dollar on Wednesday, as investors held off from making significant moves ahead of key US...
Zambia’s Currency Struggles at Record Low Amid Ongoing Drought Crisis
Zambia’s currency, the Kwacha, continues to plummet to unprecedented lows, with the ongoing drought exacerbating the country’s economic challenges. The drought, which has significantly affected...
Ethiopia Launches New Stock Market to Attract Global Investors
In a historic move, Ethiopia has officially launched its own stock market, marking a significant milestone in the country’s economic transformation. The launch of the...
Durban Port Faces Ongoing Delays Amid Severe Equipment Shortage
Durban’s port, one of Africa’s busiest, continues to grapple with significant delays due to a persistent shortage of crucial equipment. The shortage has been a...
2025 Holds Better Economic Prospects for South Africa: A New Era of Growth and Recovery
South Africa’s economy has faced numerous challenges in recent years, ranging from high unemployment and load shedding to sluggish growth and global uncertainties. However, as...
Uzbek Products to Reach Europe and Africa Through Turkish Port
Uzbekistan, a country rich in natural resources and agricultural products, is taking a significant step towards expanding its export markets. With an eye on boosting...
Zimbabwe’s Currency Crisis Deepens: Traditional Stores Struggle as Illegal Night Bazaars Thrive
Zimbabwe’s ongoing currency crisis is wreaking havoc on the country’s retail landscape, leaving traditional stores grappling with soaring prices and limited access to foreign currency....
Senegal’s First Oil Exports Fuel Economic Growth to Record High
Senegal has achieved a significant milestone in its economic journey with the commencement of its first oil exports, marking a pivotal moment for the country’s...
Zimbabwe’s Inflation Drops to 3.7% in December, Marking a Significant Decline from 11.7%
Zimbabwe’s inflation rate slowed dramatically in December 2024, falling to 3.7%, down from 11.7% in November. This sharp decrease represents a significant improvement in the...
Pakistan, Kenya Explore Expanding Trade Beyond Tea, Eyeing New Economic Frontiers
Pakistan and Kenya have initiated high-level talks aimed at diversifying their trade relations beyond the traditional exchange of tea, seeking new avenues for economic collaboration....
European Commission Grants €1 Billion in Macro-Financial Assistance to Egypt
The European Commission has adopted a decision to disburse €1 billion in loans to Egypt following the fulfilment of the policy conditions agreed with the EU...