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.

Mango fashion tycoon’s family confident of son’s innocence in homicide probe

The family of Mango Founder Isak Andic, who died in a fall from a cliff near Barcelona 10 months ago, said it was confident his son Jonathan was innocent after several local media reported he was being officially investigated for possible homicide.|| The family of Mango Founder Isak Andic, who died in a fall from a cliff near Barcelona 10 months ago, said it was confident his son Jonathan was innocent after several local media reported he was being officially investigated for possible homicide.

Zambia’s debt restructuring with China hailed as milestone for Africa’s fiscal reform

Zambia has reached key bilateral debt-restructuring agreements with several of its Chinese creditors, including the Export-Import Bank of China. ||Zambia has reached key bilateral debt-restructuring agreements with several of its Chinese creditors, including the Export-Import Bank of China.

Huayou to start Zimbabwe lithium sulphate production early 2026

China’s Zhejiang Huayou Cobalt will start producing lithium sulphate during the first quarter of 2026 from its new $400 million plant in Zimbabwe, the company said on Thursday, as the African country pushes for more local processing.||China’s Zhejiang Huayou Cobalt will start producing lithium sulphate during the first quarter of 2026 from its new $400 million plant in Zimbabwe, the company said on Thursday, as the African country pushes for more local processing.

European stocks set to wipe out weekly gains as banks plunge

European shares tumbled on Friday, oncourse for their biggest drop in six weeks, as renewed concerns about the health of United States regional banks hurt lenders globally||European shares tumbled on Friday, oncourse for their biggest drop in six weeks, as renewed concerns about the health of United States regional banks hurt lenders globally

IMF urges stronger tax, debt reforms as sub-Saharan Africa’s growth holds steady

The International Monetary Fund (IMF) has projected that sub-Saharan Africa’s economic growth will remain steady at 4.1% in 2025.||The International Monetary Fund (IMF) has projected that sub-Saharan Africa’s economic growth will remain steady at 4.1% in 2025.

Morocco’s Finance Minister to prioritise health, education in upcoming budget