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Economy

Economy

Mauritius, Seychelles among most capitalist nations in Africa according to new index

Mauritius, Seychelles and Botswana Rank Highest for Capitalism in Africa A recent study published by researchers at the University...
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China’s zero‑tariff push wins backing from South Africa and Kenya

Economy
China’s Zero‑Tariff Policy Opens New Trade Doors for African Nations Starting 1 May 2025, China will eliminate import duties on goods originating from 53 African countries that...

Moody’s SA’s exit triggers a 24-month transition period for banks

Economy
South African Regulators Move to De‑register Moody’s Local Rating Unit The Prudential Authority (PA) has informed South African banks that it intends to de‑register Moody’s...

Cryptocurrencies face new rules as SA plans a major overhaul of exchange controls

Economy
South Africa Proposes Major Overhaul of Exchange Controls to Boost Financial Hub Status South Africa’s National Treasury has released a draft circular that seeks to...

The government is increasing the fuel reduction levy on petrol and reducing the diesel surcharge to zero

Economy
South Africa Extends Fuel Levy Relief to Shield Consumers from Rising Prices In a move aimed at cushioning households and businesses from volatile fuel costs,...

SA Reserve Bank leading indicator rises 6.4%

Economy
South African Reserve Bank’s Leading Indicator Rises 6.4% Year‑on‑Year in February The South African Reserve Bank (SARB) reported that its composite leading economic cycle indicator...

IMF approves new $266 million funding deal for Liberia

Economy
IMF Approves New Financing for Liberia to Boost Climate Resilience The International Monetary Fund (IMF) announced on 2 November 2025 that it has approved a $266 million arrangement...
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