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.

Oil rises as US, Iran trade strikes, Israel moves further into Lebanon

Oil prices rose more than ​3% on Monday

Rand inches lower before manufacturing PMI, vehicle sales figures

Rand weakened slightly in early trade on Monday

African Development Bank, BDEAC sign cooperation letter in Brazzaville

President of the African Development Bank Group (AfDB) Dr Sidi Ould Tah, and President of the Development Bank of the Central African States (BDEAC), Dieudonné Evou Mekou, have signed a letter of intent to strengthen cooperation in support of the region’s economies.

African Development Bank governors back Ould Tah mandate in Brazzaville

The African Development Bank (AfDB) Group concluded five days of Annual Meetings in Brazzaville on May 29, 2026, with the Board of Governors strongly endorsing President Dr Sidi Ould Tah’s mandate to implement the Bank’s Four Cardinal Points strategic vision.

SA seeks BRICS-Plus trade reset amid deficit pressure

South Africa (SA) is drawing up new economic blueprints as the country seeks to expand trade and investment within the enlarged Brazil, Russia, India, China, and SA (BRICS)-Plus framework, following the conclusion of the first in a series of structured consultative dialogues by the SA Chapter of the BRICS Business Council.

Rating upgrades make SA more attractive for investment: President