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The South African rand weakened to 17.9225 per dollar on Tuesday ahead of the SARB’s expected interest rate cut to 7.25%. Inflation remains below the target range, and recent economic …
South African Rand Weakens Amid Anticipation of Interest Rate Cut Read More
The South African rand weakened after the SARB kept interest rates steady at 7.50%. The rand was trading at 18.22 to the dollar, influenced by the U.S. Federal Reserve’s recent …
South African Rand Weakens as Central Bank Holds Interest Rate Steady Read More
South Africa’s central bank has paused its rate cuts, keeping the repo rate at 7.50% due to trade wars and budget risks. Inflation remains steady at 3.2%, and the rand …
South Africa Halts Rate Cuts Amid Economic Uncertainties and Budget Challenges Read More
South Africa’s consumer inflation was steady at 3.2% year-on-year in February, with a month-on-month rise to 0.9%. Economists expected a slight increase to 3.3%. The South African Reserve Bank will …
South Africa Consumer Inflation Remains Stable at 3.2% in February Read More
South Africa’s consumer inflation held steady at 3.2% year-on-year in February, with a month-on-month increase to 0.9%. Economists had anticipated a rise to 3.3%, and the Reserve Bank will announce …
South Africa Maintains Steady Consumer Inflation at 3.2% in February Read More
Malawi has adjusted its 2025 growth forecast to 3.2%, down from 4.0%, as citizens protest against rising inflation. The discontent is primarily among street vendors and unemployed youths who blame …
Malawi Revises Economic Growth Projection Amid Public Protests Over Inflation Read More
Daniel Chapo was sworn in as president of Mozambique amid significant protests over the disputed election results. More than 300 have died in clashes with security forces since the election, …
Daniel Chapo Sworn in as President Amid Ongoing Unrest in Mozambique Read More
Mozambique’s top court confirmed Frelimo’s victory in the disputed October elections, amidst claims of vote rigging from opposition groups. This ruling is expected to incite further protests in the nation, …
Mozambique’s Constitutional Court Confirms Frelimo’s Election Victory Amid Protests Read More
South Africa has temporarily closed its main border with Mozambique due to escalating protests over the recent election. The closure of Lebombo port comes after cars were reported torched amid …
South Africa Closes Border with Mozambique Amid Protests Over Election Results Read More