South Africa faces a 45% chance of slipping into recession this year as South Africa’s electricity crisis deepens, according to a survey of economists by Bloomberg this month. 

Zambia plans to import fuel from its oil-producing neighbour Angola in the government’s push to lower pump prices and stem supply shocks.

MTN has joined forces with Lndr, a registered local credit provider, to offer personal loans via its Mobile Money platform, MoMo.

MultiChoice Africa has announced the appointment of Dr. Keabetswe Modimoeng as Corporate Affairs and Stakeholder Relations Group Executive for MultiChoice Africa, effective January 2023. Dr. Modimoeng will report to Collen Dlamini, the Group Executive Corporate Affairs, and will be a member of the MultiChoice Africa Executive Team.

Botswana posted a budget surplus for the six months through September, driven by surging demand for diamonds as buyers flocked to the African nation and avoided Russia following its invasion of Ukraine.