Middle East turmoil clouds rate cut prospects, says Reserve Bank governor Lesetja Kganyago
Reserve bank governor Lesetja Kganyago says it is difficult to see a near-term path for easing interest rates due to the volatility from the conflict in the Middle... Read more.
Pope urges Cameroon to reject violence at Mass that draws 120,000 people
Pope Leo called on Cameroonians on Friday to reject violence and be generous with their neighbours during an event billed as the biggest of his four-nation Africa... Read more.
Gunmen kidnap students heading to exams in Nigeria’s Benue state
Gunmen abducted secondary school students heading to university entrance examinations and other travellers in central Nigeria’s Benue state, the region’s... Read more.
Moroccan farms turn to West African migrants to plug labour deficit
Deep in Morocco’s fertile heartlands, pickup trucks carrying migrants from sub-Saharan Africa roll past a sea of plastic greenhouses producing fresh fruit... Read more.
Kenya requests World Bank funds to cushion Iran war shock, central bank chief says
Kenya has requested rapid financial support from the World Bank to help it manage the shocks from the war in Iran, its central bank governor told Reuters on Thursday.... Read more.
Crowds gather in Cameroon for biggest event of Pope Leo’s Africa tour
Thousands of people were gathering early on Friday in Douala, Cameroon’s largest city and economic hub, for a Mass with Pope Leo that will likely be the biggest... Read more.
South African rand steady as markets watch for US-Iran peace deal
The South African rand held steady in early trade on Friday as investors waited to see whether there would be a US-Iran peace deal that could ease concerns over... Read more.
Kenya requests World Bank funds to cushion Iran war shock, central bank chief says
Kenya has requested rapid financial support from the World Bank to help it manage the shocks from the war in Iran, its central bank governor told Reuters on Thursday.... Read more.
NUM, Solidarity accept Eskom 7% wage offer, Numsa fights on
Two of South Africa’s major labour unions have accepted state power utility Eskom’s 7% wage increase offer, while a third has rejected it and declared... Read more.
Middle East conflict and aid drop push more African nations to IMF
The economic fallout from the Middle East war and a collapse in foreign aid are pushing more African countries to the International Monetary Fund, the fund said... Read more.
