south africa

Where will the money come from? That’s an answer South Africa’s will keenly await to hear after National Treasury said the country’s R75 billion revenue shortfall would no longer be filled with the proposed increase in value added tax . 

Godongwana withdraws planned VAT hike after political pushback

Exigent Risk Advisory MD, Declan Galvin examines how revised International Monetary Fund inflows, compliance gaps, and funding shortfalls could impact Kenya’s debt costs and bond yields.

Does Kenya’s IMF gamble threaten debt stability

Volkswagen is expanding its operations in Rwanda, from local assembly to mobility services and e-tractor projects. CNBC Africa's Ericks Shyaka spoke to Serge Kamuhinda, CEO of VW Mobility Solutions Rwanda, to find out more.

Volkswagen scales up operations in Rwanda

US President Donald Trump’s “liberation day” marked a watershed moment for the global economic and trade system. US stocks and Treasuries have been battered since he rolled out sweeping tariffs on April 2, later announcing a 90-day reprieve. 

How S.African investors are shifting strategy amid rising recession risks

Global Financial Stability Report provides an assessment of the global financial system and markets and addresses emerging market financing in a global context. 

Enhancing market resilience amid global trade uncertainty

Capitec Bank’s profit jumped to a record, and it announced a dividend payout that beat analysts’ estimates as transaction and commission income rose. 

Capitec FY HEPS climb 30%

The International Monetary Fund released its Fiscal Monitor Report which shows that escalating uncertainty and policy shifts are reshaping the fiscal outlook. 

IMF unveils April 2025 fiscal monitor

Kenya’s President William Ruto says the ongoing trade tariff wars could signal the end of the old-world order as China continues to chart her own path. 

Kenya’s President Ruto talks trade with China, says country is reshaping new world order

Ethiopia is anticipating to spend less on debt servicing following the country’s recent debt restructuring agreement. 

Ethiopia's Finance Minister holds talks with IMF Chief 

The Director at the Centre for the Promotion of Private Enterprises, Muda Yusuf, believes some propositions in the Raw Materials Research and Development Council Bill currently before the National Assembly needs to consider, the critical challenges. 

CPPE: Nigeria's raw material bill should reflect challenges facing manufacturers

The Petroleum Products Retail Outlets Owners Association of Nigeria believes Nigeria can become a full petroleum exporting nation in two years. 

Can Nigeria attain petroleum export status?

S&P Global Ratings has raised its long-term local and foreign currency sovereign credit ratings on Togo to B+ with a stable outlook is stable. 

SOUTH AFRICA