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Economy

Economy

Financial regulator is investigating PIC

FSCA Launches Investigation into Public Investment Corporation Amid Leadership Turmoil The Financial Sector Conduct Authority (FSCA) announced on Tuesday...
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A 4.3% decline in manufacturing points to weak GDP growth, making the rate decision difficult

Economy
South African Manufacturing Output Slumps in May 2026 According to data released by Statistics South Africa (Stats SA) on Thursday, manufacturing production fell 4.3% on...

Namibia’s president meets with Chinese Premier Beijing

Economy
Namibian President Netumbo Nandi‑Ndaitwah Concludes State Visit to China with Talks in Beijing On Thursday, 26 September 2025, Namibian President Netumbo Nandi‑Ndaitwah met Chinese Premier Li Qiang in...

Kenya growth forecast lowered to 4.3%

Economy
Kenya’s Growth Outlook Faces Headwinds Amid Global Tensions The World Bank has revised its 2024 growth forecast for Kenya downward to 4.3 percent, citing the...

Treasury defends withholding of R13.5bn from municipalities as it pushes for compliance

Economy
South Africa’s Treasury Withholds R13.5 Billion from Municipal Equitable Share In July 2024 the National Treasury announced that it would withhold R13.5 billion of the equitable‑share grant...

Economic activity falls to its lowest level in seven months due to uncertainty over the Iran war

Economy
South Africa’s Economic Activity Slows Amid Geopolitical Uncertainty In June 2026, South Africa’s economic momentum weakened for the second consecutive month, with the PayInc economic...

The Ministry of Finance is withholding July funds from several municipalities

Economy
National Treasury Temporarily Withholds Equitable Share Transfers from Select Municipalities In a statement issued in July 2026, the National Treasury announced that it is temporarily...
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Ghana: Tema oil refinery signs first collective agreement since 2018

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Financial regulator is investigating PIC

Economy 0
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