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.

AfDB approves $125 million boost for African trade insurance

The African Development Bank (AfDB) Group has approved a $125 million equity investment in the African Trade and Investment Development Insurance (ATIDI), aimed at strengthening the institution’s ability to support trade and investment across the continent.

China backed Wesizwe’s SA platinum project to cut 70% of workforce

SA Wesizwe Platinum will lay off nearly 500 workers

New claims put Nigeria’s oil industry under pressure

Questions raised over environmental accountability in Nigeria’s oil

Africa debt is ‘mispriced’, targets investment-grade rating: Ghana

Ghana’s President and Finance Minister said this Wednesday that African debt was “mispriced”

AfDB approves $1 million grant for Mozambique flood relief

The African Development Bank (AfDB) Group has approved a $1 million emergency relief grant to support Mozambique’s response to floods that struck central and southern regions in January 2026, with Maputo and Gaza provinces among the hardest-hit areas.

IMF reaches staff-level agreement on Ethiopia review

The International Monetary Fund (IMF) has reached a staff-level agreement with Ethiopia on the fifth review of the country’s programme under the Extended Credit Facility (ECF), following discussions in Addis Ababa from May 6 to May 20, 2026, with talks continuing virtually thereafter.
X X Facebook Facebook YouTube YouTube WhatsApp WhatsApp Call Studio Call Station Email Email SABC Plus SABC Plus