Africa-news

Africa-news (598)

The Democratic Republic of Congo has joined the East African Community, bringing the regional trading bloc’s market size to a quarter of the continent’s population and providing it with access to the Atlantic Ocean.

Wealthy Russians are flocking to Dubai's real estate market as Western sanctions prompt them to look at alternative destinations for their luxury property purchases.

Zambia may be better known for mining copper than crypto, but a group of young entrepreneurs are looking to reinvent the country as an African technology hub - with support from Ethereum co-creator Vitalik Buterin.

Government’s fourth investment conference on Thursday heard pledges of investment from companies of R332 billion, which will take President Cyril Ramaphosa 95% of the way towards his R1.2-trillion investment goal. 

As expected, the SA Reserve Bank's monetary policy committee (MPC) has hiked the repo rate by another 25 basis points to 4.25%. This brings the prime rate to 7.75%.

The African Development Bank (AfDB) is committing US$2.8 billion over the next five years to support private sector investment in South Africa, the institution’s president said on Thursday.

SA Finance Minister Enoch Godongwana says government hopes to cushion consumers from the spiking oil price, at least temporarily, for the months of April and May.

SOUTH Africa has been named the fourth most affordable country in the world in which to buy property, according to a study by Compare the Market.

Hurun Report has published its annual rich list, ranking over 3,300 billionaires from 2,500 companies and 69 countries – including South Africa.

The South African Reserve Bank is likely to hike interest rates by a further 25 basis points this week to 4.25% in an attempt to slow inflation, say economists.

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries