FINANCE

FINANCE

Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

Liberia boosts healthcare, digital payments in drive for economic reform

Liberia has taken fresh steps to strengthen its healthcare system and modernise its financial sector

Mozal to suspend aluminum smelter operations in Mozambique from March 2026

Mozal has announced that it will suspend operations at its aluminium smelter in Mozambique

Rand flat ahead of leading economic indicator, local inflation data

Rand was flat in early trade on Tuesday

AfDB raises $11 bln for low-cost lending window, no word on US funding

The ADF has provided $45 billion to 37 low-income African countries since 1972.

SA Presidency reports modest Gross Domestic Product growth of 0.5%

South Africa’s (SA) Presidency has reported positive economic developments, highlighting a stronger Rand, a modest Gross Domestic Product (GDP) growth of 0.5% in the third quarter, and a decrease in unemployment to 31.9%, driven by job creation in the construction sector

Uganda’s state-owned oil firm to borrow $2 billion from Vitol

State-owned Uganda National Oil Company (UNOC) plans to borrow $2 billion from a unit of global commodities trader Vitol to fund construction of infrastructure projects, including a crude refinery, according to a Finance Ministry official