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.

Egypt receives $1.16 billion from EU as part of assistance package

Egypt has received 1 billion Euros ($1.16 billion) from the EU

New IMF Mission Chief to visit to Senegal next week

IMF new Mission Chief for Senegal will make a short trip to the West Africa

Kenya strikes preliminary trade deal with China

Kenya has struck a preliminary trade agreement

Rand steady as Trump calms market fears by adopting softer tone on Iran

Rand was steady in early trading on Thursday

TotalEnergies to sell 10%  non-operated stake in Nigeria’s Renaissance JV

France’s TotalEnergies says it has signed an agreement to sell its 10%  non-operated stake in the Nigerian onshore oil asset SPDC, renamed as Renaissance JV, to Vaaris, after a failed sale last year to Mauritius-based Chappal Energies

Experts question planned revision of Nigeria’s inflation methodology

Nigeria’s National Bureau of Statistics (NBS) plans to revise its inflation calculation methodology following concerns that December’s year-on-year inflation rate could appear artificially high due to last year’s rebasing exercise.