JOHANNESBURG, Oct 26 – South African President Cyril Ramaphosa has credited the recovery of the South African Revenue Service (SARS) with improving …
Economy
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ABUJA, Oct 26 – Nigeria aims to reduce inflation to single digits before the end of 2027, creating room for significantly lower …
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Economy
Moody’s Sees South Africa Medium-Term Budget as Credit Positive, Cuts Deficit Target to 3.9%
JOHANNESBURG, Oct 26 – Moody’s Ratings said South Africa’s medium-term budget policy statement was positive for the country’s credit profile, citing continued …
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DAKAR, Oct 26 – Senegal’s debt restructuring plans face renewed uncertainty after the ruling Pastef party said it would not approve the …
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RABAT, Oct 24 – Morocco expects to hold its fiscal deficit at 3% of gross domestic product in 2027 despite higher social …
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LAGOS, Oct 23 – United Nations agencies have called for urgent humanitarian action as an exceptionally strong El Niño threatens to intensify …
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WINDHOEK, Oct 23 – Namibia has cut its economic growth forecast for 2026 to 2.3% from 3.1% projected in its main budget, …
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JOHANNESBURG, Oct 22 – South Africa’s exports to China increased nearly 25% year-on-year between May and August 2026, following Beijing’s introduction of …
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LAGOS, Oct 21 – Nigeria plans to rely increasingly on domestic and foreign private capital to finance its next phase of economic …
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Economy
South Africa Cuts Bond Issuance as Treasury Projects Debt Peak and Reintroduces Fuel Levy Relief
JOHANNESBURG, Oct 21 – South African government bonds rallied after the Treasury reduced weekly issuance and Finance Minister Enoch Godongwana outlined measures …