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.

Africa policymakers warn Iran oil shock will hit key sectors, halt monetary easing

African officials have warned that the sharp rise in oil prices due to the conflict in ​Iran will challenge monetary policymaking and could hit productivity in key sectors like mining, putting the continent’s ongoing economic recovery in peril.

World Bank approves $250 million grant to strengthen Niger’s financial sector, expand MSME financing

Rwanda’s $6 billion nuclear plan signals major shift toward reliable, low‑carbon power

Rwanda’s ambition to deploy small modular nuclear reactors (SMRs) by 2030 marks one of the most significant energy decisions in its recent history.

African shift toward domestic debt offers stability, carries new risks: IMF Expert

African governments are increasingly turning to domestic borrowing to finance development, marking a significant shift away from decades of reliance on external debt issued in overseas markets.

Adobe to pay $75 million to resolve US lawsuit over fees, subscription cancellations

Adobe said on Friday it ​will pay $75 million to resolve a ‌United States (US) government lawsuit accusing the Photoshop and Acrobat maker of harming consumers by concealing ​hefty termination fees and making it difficult ​to cancel subscriptions

India to hold off on US trade deal amid new probe: Sources

India will hold off on signing a trade deal with the United ​States (US) for several months, four Indian sources said, as fresh investigations by President Donald Trump’s administration into what it calls excess industrial capacity ‌among trading partners add new friction after an early understanding last month