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.

Middle East shipping crisis hits SA fruit exports as Hortgro warns of severe losses

Severe shipping disruptions in the Strait of Hormuz and the Bab el‑Mandeb Strait have brought South Africa’s (SA) fruit exports to the Middle East to a standstill, placing farmers under immense financial strain and threatening an already fragile season. 

Nigeria faces rising fuel inflation as Middle East conflict strains supply, Dangote refinery ramps up output

Nigeria is grappling with a sharp energy shock as global oil prices surge above $100 a barrel, driven by the escalating conflict in the Middle East.

Global scam networks steal billions as UNODC, INTERPOL push for coordinated crackdown

What began as a cautious search for a low‑risk retirement investment ended in financial devastation for Australian couple Kim and Sue Sawyer, who lost more than $2.5 million after clicking on what appeared to be a legitimate online advert. 

Morocco central bank expects stable inflation as holds benchmark rate at 2.25%

Morocco’s central bank kept its benchmark interest rate unchanged at 2.25% this Tuesday

SA’s Woolworths buys longtime supplier in2food

Woolworths said this Tuesday it has agreed to acquire privately held in2food Holdings for an undisclosed amount

Ghana weighs local bids for $1 bln revival of Gold Fields’ Damang mine

Ghana is assessing three bids from local investors to take ‌over Gold Fields’ Damang gold mine