2+ hour, 7+ min ago  (349+ words) Egypt's central bank and commercial banks now hold more foreign currency than ever before. On Monday, the central bank said net foreign assets, a key measure that shows total foreign money held minus foreign debts, rose by $4.02 billion in January....

3+ hour, 37+ min ago  (384+ words) Egyptian billionaire Naguib Sawiris, chair and chief executive of Ora Developer, has warned that Egypt's property developers are being pushed into building smaller homes as inflation and rising construction costs undermine what ordinary buyers can afford. In a television interview,…...

5+ day, 17+ hour ago  (356+ words) Fears of a software apocalypse could drag the market into another sharp decline. That's according to Wall Street forecasters who say they're eyeing an increased risk of another sharp pullback in US stocks amid the chaos that's hammered software and…...

1+ week, 6+ day ago  (320+ words) South Africa's unemployment rate fell to its lowest level in over five years in the final quarter of 2025, driven by job gains in the community and social services and construction sectors. Statistics South Africa reported that the jobless rate dropped…...

2+ week, 1+ hour ago  (533+ words) South Africa is preparing for a major change in the way loans are priced. The South African Reserve Bank has released a consultation paper that questions whether the prime lending rate should continue to exist. For decades, prime has been…...

2+ week, 4+ hour ago  (405+ words) "We're the same age," I told Ernest Ang, a 24-year-oldwho opened an eatery two years ago with his grandmother's recipes. And yet, it feels like we live in different worlds. Every day, he whips up large batches of fried chicken…...

2+ week, 3+ day ago  (426+ words) Americans' wallets are ringing in the new year with a little relief from rising prices. The US started 2026 with a slower inflation rate than at the end of 2025. The consumer price index, an inflation measure, increased 2.4% in January from a…...

2+ week, 4+ day ago  (571+ words) African countries are entering 2026 deeply involved in the gold market, but from very different positions. On one hand, the continent's major gold producers are exporting record volumes, generating billions in foreign exchange. On the other hand, central banks are purchasing…...

2+ week, 5+ day ago  (167+ words) Jobs report updates: US added 130,000 jobs in January, beating expectations'Business Insider Africa Jobs report recap: US added 130,000 jobs in January, beating expectations Yes, you read that right. The monthly jobs report, a Friday tradition, is out this morning, five days…...

2+ week, 5+ day ago  (138+ words) Yes, you read that right. The monthly jobs report, a Friday tradition, is coming out this morning, five days later than originally scheduled due to the partial government shutdown. Economists expect the US added 65,000 jobs in January and unemployment remained…...