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.

German unemployment tops three million for first time in a decade

Egypt increases gas production as two new West Delta wells go online

Egypt’s Petroleum Ministry said this Friday that two new wells in the deepwater West Delta have gone online, adding about 60 million cubic feet per day (mcfd) of natural gas to the country’s output.

Forever 21 looks to resurrect China, North America business with new partners

Fast fashion brand Forever 21 is making its fourth run at the Chinese market, having previously entered and exited the world’s second-largest economy three times since 2008.

SA’s NERSA revises Eskom tariff hike following calculation errors

The National Energy Regulator of South Africa (NERSA) has clarified calculation errors in its earlier multi-year price determination for power utility Eskom, resulting in higher electricity tariffs than initially announced for 2026 and 2027.

FNB Zambia partners with ZCGS to boost MSME financing

FNB Zambia has signed a Memorandum of Understanding (MoU) with the Zambia Credit Guarantee Scheme (ZCGS) to launch an initiative designed to improve access to finance for Micro, Small and Medium Enterprises (MSMEs) across the country.

Impala CEO warns against flooding market as platinum prices rebound

South Africa’s (SA) Impala Platinum is cautious about bringing new production on stream and releasing excess stockpiles to the market despite the recent rebound in platinum prices, Chief Executive Officer (CEO) Nico Muller said this Thursday.