south africa

AXA Mansard has reported a 116 per cent growth in its profit for 2024, driven by earnings from health insurance and revenue from savings. 

Axa Mansard profit up 116% to ₦25.9bn in FY'24

Russia says it is ready to help strengthen military and security forces with member states of the Alliance of Sahel States. Meetings were held last week as both parties look to deepen their partnership. 

Russia commits to military backing of alliance of Sahel States 

African trade ministers will meet next week on the 14th of April to examine how the continent should respond to the recent tariffs imposed by the United States. 

US tariffs: African trade ministers to meet April 14

Data from Nigeria's Debt Management Office shows that total public debt rose by 48.5 per cent to 144.7 trillion naira at the end of 2024 with a surge in both external and domestic borrowings. 

Nigeria’s total public debt up 48.5% to N144.7trn in FY'2024

CNBC Africa is joined by Paul Byrne, Head of Data Insights and Customer Success at Pnet, to unpack the latest trends from their March 2025 Job Market Trends Report. 

South Africa’s AI hiring spree: What’s driving the demand? 

Africa’s hospitality sector is experiencing a surge in development, with hotel projects reaching record highs and new investment pouring into key markets across the continent. 

African hospitality development hits record high

As global markets reel from a wave of volatility sparked by escalating trade tensions and growing recession fears, investors are facing a stark question: how do you position a portfolio in times like these? 

Investment strategist weighs in on strategy amid market turmoil

Rich Nuzum, Chief Investment Strategist, Mercer joins CNBC Africa to discuss the implications the tariff reset has for how US investors perceive South Africa. 

Mercer on investing in South Africa 

2025 marks a decade that South African fintech start up Yoco has operated in the payments ecosystem. At last count, the tech firm characterized by its blue card machine features had 200 000 businesses supported by ts payment and business tools. 

Yoco: Digital and virtual payments projected to grow over 250% by 2028 

US President Donald Trump on Wednesday unveiled sweeping tariffs targeting almost every country in the world, touching off a trade war with China, the world's second largest economy. 

Standard Chartered Bank on global economic outlook

With Africa being home to some of the fastest growing economies in the world, the continent is gradually attracting substantial volumes of investment in technology and capacity development. 

Africa is the place to invest

African countries have a 46 per cent gap in access to internet connectivity despite the continent aggressively pursuing to adopt new technologies. Building a solid future requires Africa’s workforce to be digitally savvy. 

SOUTH AFRICA