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.

AfDB approves $20 million facility to expand trade finance in Zambia

The African Development Bank (AfDB) has approved a $20 million trade finance transaction guarantee for Access Bank Zambia, aimed at increasing access to financing for small and medium enterprises.

Rand coins are seen in this illustration picture

Rand strengthened in early trade on Monday

SA’s Pick n Pay swings to profit before tax as Boxer boosts performance

Pick n ​Pay swung to an annual profit before ‌tax on Monday

SA power utility reports improved grid stability as power system performance strengthens

South Africa’s (SA) power utility, Eskom, has reported continued improvement in power system performance, with no load shedding recorded for 365 consecutive days as of May 15, marking the first full year without power interruptions since September 2018.

Nigeria’s NNPC accuses Dangote refinery of seeking fuel monopoly in court filing

Nigeria’s state oil firm ‌NNPC has accused Dangote Petroleum Refinery of seeking to restrict competition

Kenya’s thriving second-hand clothing market challenges push for local fashion industry

Kenya’s largest open-air market poses a challenge to efforts by the East African Community to develop and strengthen a regional textile and fashion industry