- Thursday, June 04, 2026
BusinessDay
Absa Group is accelerating its expansion across Africa, as operations outside its home market emerge as the bank’s fastest-growing business,...
S&P Global Ratings has cut Botswana’s sovereign credit rating, citing growing risks to fiscal stability as the country grapples with...
Nigeria, Egypt, Ethiopia, and Zimbabwe have raised domestic fuel prices as global oil costs surge and supply disruptions linked to...
Africa’s economic outlook continues to shift as stronger bank earnings, improving growth in key economies and rising commodity prices reshape...
African leaders, financiers, and businesses are being urged to join forces and accelerate intra-continental trade, unlocking shared prosperity across the...
Africa’s billionaires are richer than ever, with their combined wealth surpassing $126 billion, helped by a rally in equity markets...
With gold prices near historic highs, African governments are increasingly treating the metal not just as a mining commodity but...
Benin slipped into deflation in February 2026 for the first time in 14 months as falling food and service costs...
Standard Bank, Africa’s largest lender by assets, posted an 11 percent rise in annual headline earnings as strong growth in...
February marked a strong start to 2026 for African markets, with multiple central banks beginning to cut interest rates after...
Egypt has raised domestic fuel prices by as much as 17 percent, just as inflation accelerated to its highest level...
South Africa’s economy expanded at its fastest pace in three years in 2025, supported by stronger output in agriculture, trade...
FirstRand Limited, Africa’s most valuable bank by market capitalisation, is exploring expansion in Ghana and Nigeria as it seeks to...
Senegal, a lower middle income country, plans to close 19 government agencies as part of a cost-cutting drive expected to...
Oil prices surged past $100 a barrel on Sunday evening, climbing to their highest level since Russia’s 2022 invasion of...
