Monique Vanek

South Africa's National Treasury plans to introduce a new fiscal anchor to provide a sustainable long-term path for public finances.

The world’s richest nations agreed to cancel more than $2 billion of Somalia’s liabilities to help the war-torn nation restore debt sustainability.

(Bloomberg) -- Central banks in Africa's biggest economies are set to diverge from their emerging-market peers in Latin America and Europe over the

Sarb expected to remain guarded and maintain the benchmark rate at a 15-year high of 8.25% until at least the third quarter.

Implats' Zimbabwe unit plans voluntary job cuts to contain costs

Despite the lethargy of the economy in Q4 2023, the latest Afrimat Construction Index (ACI) outperformed the economy with a 3% real growth rate, compared

The rand reversed earlier losses after data showed the government unexpectedly recorded a budget surplus in February, only the second positive reading since July.

Egypt is seen falling to second place behind South Africa Currency devaluations in Nigeria, Egypt take toll on GDP

Nigeria’s economy, which ranked as Africa’s largest in 2022, is set to slip to fourth place this year and Egypt, which held the top position in 2023, is projected to fall to second behind South Africa after a series of currency devaluations, International Monetary Fund forecasts show.

The South African Reserve Bank has developed two new measures to better understand underlying price pressures and both currently show elevated readings.