south africa

Reactions continue to trail Dangote Refinery’s slash in ex-depot price of petrol by 65 naira to 825 per litre, effective today, the 27th of February. 

How Dangote Refinery petrol loading price slash impacts dynamics

The CEO of Open Access Data Centres, Ayotunde Coker believes that the outlook for data centre build in Lagos is strong and is emerging as the next key mega hub outside of South Africa. 

Coker: Outlook for data centre build in Lagos is strong 

CNBC Africa's Palesa Mofokeng spoke to Achim Steiner, Administrator of the United Nations Development Programme about the work they are doing in Cape Town.

UNDP on the role of multilateral institutions in improving Africa's debt reforms

South African President Cyril Ramaphosa attended the very same conference and he engaged in an interactive dialogue on economic growth, structural reforms, and the government's plans to boost South Africa's growth potential. 

Goldman Sachs Conference: Ramaphosa shares vision for South Africa's growth

According to Goldman Sachs, the U.S. is defying global economic trends, boasting resilience and growth despite slower global expansion. 

Goldman Sachs: U.S. economy defies global slowdown

In a move aimed at easing financial pressures and bring more value to customers, Standard Bank has partnered with South Africa’s largest retailer, the Shoprite Checkers Group, to help households stretch their grocery budgets. 

Shoprite, Standard Bank team up to improve S.African consumer spending

As the global financial landscape evolves, fintech is becoming a powerful tool for driving inclusive growth, particularly in emerging markets.

Unlocking the potential of fintech for inclusive growth in Africa

According to data from the Central Bank of Kenya, diaspora remittances reached an all-time high of $4.95 billion in 2024, marking an 18 per cent increase from 2023. 

Diaspora remittances impact East Africa’s real estate market

JSE-listed food service group BidCorp has reported a 10 per cent year-on-year increase in headline earnings per share to R12.67 for the 6-months ended 31 December 2024. 

BidCorp H1’25 HEPS up 10% 

CNBC Africa’s Fifi Peters spoke with Alvaro Lario, President of the International Fund for Agricultural Development for more. 

IFAD President on transforming African agriculture 

The Finance Track Meetings of the G20 are still currently underway in Cape Town, and one of the key priorities for business is supporting Africa’s economic development. 

Sanlam’s Paul Hanratty on supporting Africa’s economic development 

The continent’s private equity space is fast picking up after a global slowdown with the latest numbers checking in showing at least $28 billion was raised. 

SOUTH AFRICA