south africa

Shares of Aspen jumped more than 11 per cent on the JSE today, narrowing losses in the stock in the past year to 16 per cent. 

Aspen H1’25 HEPS up 4%

Short term insurance group Santam reported a 51 per cent jump in profit in its full year to December. Gross written premiums grew 11 per cent in the year to R41 billion with underwriting margin standing at 7.6 per cent. 

Santam FY24 HEPS jumps 51%

With a rapidly growing population and a persistent energy deficit, Africa as a continent faces a dual challenge of ensuring reliable access to energy while contributing to global carbon-neutrality goals. 

Rwanda’s ambitious nuclear energy venture

Africa's waste management market size was estimated to be worth $21.72 billion in 2024, and is expected to reach $27.7 billion by 2029, growing at an annual rate of 4.98 per cent. West and East Africa are key hot spots ripe for investments. 

Investing in Africa’s waste management economy

Chinyere Almona, Director General of LCCI joins CNBC Africa for this discussion.

15% port tariff hike: LCCI calls for phased increase 

Central Africa. Jean-Martial Moulaud, Chief Operating Officer at Gozem, joins CNBC Africa to discuss this development.

Francophone Africa moto-taxi service Gozem secures $30mn Series B funding

Moody's ratings have changed the outlook for the banking sector of the West African Economic and Monetary Union to stable from negative. 

Moody's affirms stable outlook for WAEMU's banking sector 

The President of the Healthcare Federation of Nigeria, Dr. Pamela Ajayi says expertise and infrastructure financing are key to boost local manufacturing of essential medicine in Nigeria. 

HFN: Expertise, infrastructure financing to support local manufacturing of essential medicine

George Etomi, the Founder of George Etomi and Partners, joins CNBC Africa to discuss these stories.

Nigeria eyes $122bn investment to diversify energy sources

The seasonally adjusted Absa Purchasing Managers' Index (PMI) dropped another 0.6 points to 44.7 in February, marking its fourth consecutive month in contractionary territory. 

South African manufacturing activity remains subdued

Italtile has reported a 4 per cent growth in headline earnings per share despite a flat system-wide turnover, for the half year period to 31 Dec 2024. 

Italtile HY HEPS climbs 4%

Thunes’ partnership with M-Pesa has significantly enhanced financial inclusion by enabling seamless money transfers across borders, reaching over 200 million mobile wallets in Africa. 

SOUTH AFRICA