south africa

CNBC Africa’s Godfrey Mutizwa is joined by Mauritania's Sidi Ould Tah for this discussion.  

Mauritania's Sidi Ould Tah bids for AfDB presidency

South Africa's First National Bank has expanded its e-bucks rewards partnership with Pick n Pay after terminating a similar programme with Shoprite Checkers, the country's biggest retail chain. 

FNB expands Pick n Pay rewards partnership 

The Bank of Zambia’s Monetary Policy Committee increased the policy rate by 50 basis points to 14.5 per cent earlier this month. 

Zambia annual inflation up to 16.8% in February 

PGM miner, Impala Platinum, has reported a 43.6 per cent decline in first-half Headline Earnings Per Share to 206c, as lower rand PGM prices offset strong operational delivery, higher sales volumes, and disciplined cost control. 

Impala Platinum H1 HEPS slide 43.6%

Diversified industrial group, KAP Ltd has released results for the 6-months ended 31 Dec, reporting a 2 per cent increase in Revenue and a 21 per cent decrease in headline earnings per share to 17.2 cents. 

KAP H2’24 HEPS slump 21% 

South African automotive group, Motus Holdings, has reported a mixed performance for the first half of its 2025 financial year, with a challenging first quarter due to economic slowdowns followed by a strong recovery in the second quarter. 

Motus reports 4% decline in operating profit

CNBC Africa's Tabitha Muthoni spoke to Leila Rwagasana, Fintech Lead at Rwanda Finance Limited, who emphasized Rwanda’s ambitious plans to expand its fintech ecosystem, along with other key takeaways from the forum.

Rwanda, Ghana & PAPSS sign new fintech licensing passport systems at IFF 2025

The National Bank of Ethiopia has announced a Special Foreign Exchange Auction, offering $60 million to commercial banks, aimed at managing monetary growth and maintaining market stability. 

Markets react to Ethiopia Central Bank's $60mn foreign exchange auction

Anthony Costa, Head of Secretariat for B20 South Africa, says the B20 is working to ensure business has a strong voice in G20 policymaking. 

Coster: B20 South Africa engages in G20 policymaking

Data from Canalys, a global technology market analyst firm, shows Africa’s smartphone grew by 9 per cent year-on-year signaling resilience amid global economy volatility. 

Canalys: Africa’s smartphone market grew 9% in 2024

S&P Global Ratings say growth and reform momentum in Africa drove ratings up in 2024 with positive rating actions concentrated in West Africa. 

S&P: Growth & reform momentum in Africa drove ratings up in 2024

Grain commodities such as maize, soybean, paddy rice, and sorghum are expected to stabilize, although prices will likely remain higher than last year. 

SOUTH AFRICA