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.

Nigeria selected as headquarters of newly-established Petroleum Regulators Forum

African petroleum regulators have chosen Nigeria as the headquarters of the newly-established African Petroleum Regulators Forum (AFRIPERF) and elected Gbenga Komolafe, head of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), as its chair

Islamic Bank introduces Shari’ah-compliant foreign currency account

Al Baraka Islamic Bank, based in Bahrain, has introduced the Vivere account, a Shari’ah-compliant foreign currency account designed for South Africans to engage in global transactions confidently

Bitcoin’s 2025 rollercoaster may end on a low

With a series of record highs and crushing sell-offs, 2025 has been a rollercoaster ride for Bitcoin, the world’s largest cryptocurrency, which is at risk of ending the year with its first annual decline since 2022.

IMF approves additional funding for Somalia as reform progress remains strong

The International Monetary Fund (IMF) has approved an additional financing package for Somalia after completing the fourth review of the country’s Extended Credit Facility (ECF) arrangement.