South African rand subdued as dollar rebounds, December PMI contracts
JOHANNESBURG, Jan 7 (Reuters) – The South African rand was subdued in early Wednesday trade, pressured by a…
Kenya’s private sector ends 2025 on a strong note, PMI shows
NAIROBI, Jan 6 (Reuters) – Kenya’s private sector economy maintained solid growth in December, driven by robust customer…
Kenya’s GDP growth at 4.9% year-on-year in third quarter of 2025
NAIROBI, Jan 6 (Reuters) – Kenya’s economy grew by 4.9% year-on-year in the third quarter of 2025, from…
IMF reaches staff level agreement on Ethiopia’s fourth review, unlocks $261 million
Dec 10 (Reuters) – The International Monetary Fund said on Wednesday it had reached a staff-level agreement with…
Zimbabwe brings back maize import ban after bumper harvest
HARARE, Aug 25 (Reuters) – Zimbabwe has brought back a ban on maize imports to boost local farmers,…
South Africa business activity contracts in December at fastest pace in 11 months, PMI shows
JOHANNESBURG, Jan 6 (Reuters) – South Africa’s business activity contracted sharply in December, marking the weakest performance since…
South African rand gains on softer dollar; traders eye business activity PMI
JOHANNESBURG, Jan 6 (Reuters) – South Africa’s rand strengthened in early trade on Tuesday ahead of the release…
Central African Republic President Touadera wins re-election, results show
Touadera has turned to Russia and Rwanda for security supportReferendum in 2023 scrapped presidential term limitTop challengers have…
South African rand steady after Venezuela shock
JOHANNESBURG, Jan 5 (Reuters) – The South African rand was steady in early trade on Monday, as investors…
Risk-on investors turn to Uganda to ‘squeeze the last drop’ out of frontier markets
Uganda attracts record offshore investment into domestic debtDiverse investor base looks to frontiers for yieldHot money raises risk…
Kenya’s cabinet approves creation of infrastructure, sovereign wealth funds
NAIROBI, Dec 15 (Reuters) – Kenya’s cabinet has approved the creation of an infrastructure fund and a sovereign…
Zimbabwe’s inflation set to drop amid stable currency and gold boom
HARARE, Nov 3 (Reuters) – Zimbabwe’s annual inflation rate could halve from current levels by the end of…