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.

Technology Mogul Musk crowned world’s first trillionaire after SpaceX IPO  

Elon Musk has made financial history by becoming the world’s first trillionaire

Zimbabwe moves to regulate cryptocurrency sector

Zimbabwe’s government said on Friday it will require cryptocurrency businesses to register and pay annual fees

IMF discusses Mozambique request for fund-backed programme

IMF said ‌this Friday it discussed Mozambique’s request for a fund-supported arrangement

S&P restores Afreximbank’s investment-grade rating

S&P Global Ratings has restored the African Export-Import Bank to investment grade

Zimbabwe’s state gold miner plans to double output by 2029 as expansion projects take off

Mutapa Gold Resources plans to double its annual output to 220 000 ounces by 2029

Zambia to redirect $275 million from debt servicing into energy sector

Zambia has secured sufficient investor support to proceed with a $1.36 billion bond buyback, unlocking an estimated $275 million to be redirected toward energy infrastructure, in a move aimed at supporting economic recovery and industrial growth.
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