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.

Rand softens amid key local monthly data releases

Rand softened in early trade on Friday

Zimbabwe to hike royalties on gold producers amid recent record high bullion prices

Zimbabwe will hike royalties on gold producers as it moves to take advantage of recent record high bullion prices

Focus on Zimbabwe’s economic growth for 2026

Zimbabwean Minister predicts economic growth

African Development Bank, European Investment Bank sign $275 million package

The African Development Bank (AfDB) and the European Investment Bank have signed a financing package worth $275 million to help Mauritania upgrade its main railway corridor

Egypt’s GDP grew by 5.3% in first quarter of 2025/2026 fiscal year

Egypt’s Gross Domestic Product (GDP) grew by 5.3% in the first quarter of its 2025/2026 fiscal year compared with 3.5% in the same period a year earlier, boosted by the government’s economic and structural reforms

Kenya turns to China for $1.5 billion highway expansion

Kenya and two Chinese state firms are launching construction of a $1.5 billion highway expansion on Friday, marking Beijing’s return to major infrastructure development in the East African economy after a years-long hiatus.