The South African rand was modestly stronger in early trade on Wednesday, before the release of local inflation data and a vote in parliament on the last major piece of budget legislation.
Kenya’s cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody’s said on Wednesday, as the government leans on the domestic debt market to fund its budget shortfalls.
Read MoreUkrainian Foreign Minister Dmitro Kuleba will visit the African continent for the third time amid the worsening global food crisis following Russia's withdrawal from the Black Sea Grain Initiative, with a tour that begins today in Equatorial Guinea.
Read MoreThere are currently around 80 Padel clubs in Gauteng
Read MoreAdcock Ingram surged the most on record after India’s Natco Pharma said it will acquire a stake in the South African drugmaker for about $232 million (R4 billion).
Read MoreEarlier this month, the Miss South Africa organisation bid farewell to its former CEO, Stephanie Weil.
Read MoreRain has announced a leadership transition, with founder and CEO Brandon Leigh stepping down from his executive role to join the company’s board as a strategic advisor. Conrad Leigh, formerly chief operating officer, has been appointed CEO.
Read MoreWhile fuel sales are declining, forecourt retailers are expanding their footprint across South Africa, as more consumers opt for convenient shopping options and electric cars gain popularity.
Read MoreA scenic beach town on Algeria’s Mediterranean coastline has become the center of a clash over men’s bathing suits, pitting religious and conservative values against tourist habits.
Read MoreSouth Africa’s National Roads Agency expects to be able to access a R7 billion ($398 million) loan from the New Development Bank soon and plans to use the money to upgrade key transportation routes.
Read MoreStandard Bank and Shoprite have expanded their UCount rewards partnership to now include more of the retailer’s brands, including Shoprite and Checkers LiquorShops and Petshop Science.
Read MoreLuxury hospitality brands are increasingly investing in personalised guest experiences as a strategic driver of revenue and customer satisfaction, with leading hotel groups turning to hyper-personalisation to meet evolving traveller expectations.
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