More rate hikes on the way for South Africa
South African Reserve Bank (SARB) governor Lesetja Kganyago says that inflation is ravaging the incomes of ...
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Tag: africa news
Ghana plans to buy oil with gold instead of U.S. dollars
Ghana's government is working on a new policy to buy oil products with gold rather than ...
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Clicks acquires salon group Sorbet
The Clicks Group has announced the acquisition of beauty company, Sorbet, for a cash consideration of ...
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South Africa to stay the course of aggressive rate hikes
South Africa’s central bank is poised to prolong its most aggressive interest-rate hiking cycle in at ...
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Emerging market debt-to-GDP ratio returns to record high 254%: IIF
Emerging markets’ debt-to-GDP ratio returned to record highs despite a US$6.4 trillion decline in the global ...
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Zambia to launch 5G services
MTN Zambia will launch its 5G service on Thursday. The upcoming launch was confirmed by Zambia's ...
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Malawi gets IMF food-shock loan
Malawi became the first low-income nation to receive financing from the IMF under a new tool ...
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Old Mutual plans to launch bank in 2024
Financial services group Old Mutual has received approval from the SA Reserve Bank's prudential authority to ...
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India’s Jindal wins bid to build Botswana’s 300 MW coal power plant
Botswana has picked India's Jindal Steel & Power Ltd as the preferred bidder in a tender to ...
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TotalEnergies plans oil exploration off SA West Coast
TotalEnergies SE is planning to explore for oil offshore South Africa’s West Coast, where environmental groups ...
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