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 must act as “structural anchor” in global energy transition: SA Electricity Minister

South Africa’s (SA) Minister of Electricity, Kgosientsho Ramokgopa, has urged African countries to position themselves at the centre of the global energy transition.

IMF warns Middle East conflict adds new uncertainty to fragile global economy

The International Monetary Fund (IMF) says it is monitoring the fast‑moving situation in the Middle East as the joint United States‑Israeli strikes on Iran and Tehran’s retaliatory attacks begin to disrupt global trade, energy markets and financial stability.

Shoprite reports mixed performance in Mozambique but expands African footprint

Retail group Shoprite Group has reported steady growth across its African operations,

Nigeria’s net FX reserves surge to $34.8 bln in 2025: Central Bank

Cardoso ⁠said ​the CBN will maintain robust ​buffers and keep forex market operations orderly.

Oil rises as expanding US, Israel war with Iran heightens supply risks

Brent rose more than $3 on Tuesday for ​a third day of gains

SA’s Shoprite earnings rise after strong festive season

SA biggest supermarket Shoprite Holdings, reported ​a 7.7% rise