13+ hour, 46+ min ago  (208+ words) Namibia's central bank has lowered its economic growth forecasts for this year and next, citing a weaker-than-expected performance of primary industries, especially metals and diamond mining. The Bank of Namibia said on Monday it now expects growth of 2. 6% this year…...

11+ hour, 34+ min ago  (640+ words) South Africa's latest investment conference secured record commitments, but official data shows that less than half of past pledges have materialised and turned into economic activity. The sixth South Africa Investment Conference (SAIC) held in Johannesburg in late March secured…...

5+ day, 8+ hour ago  (219+ words) Mozambique said Brazil's parliament has approved the restructuring of roughly $143m (about R2. 35bn) in debt, giving the Southern African country some breathing room as it seeks to stabilise its shaky public finances. Mozambique's finance ministry said in a statement dated April 8 that…...

2+ week, 10+ hour ago  (199+ words) Botswana's real GDP shrank 5. 4% year on year in the fourth quarter of last year, data showed on Tuesday, mainly due to weakness in its mining sector. A breakdown by Statistics Botswana showed the mining and quarrying industry recorded a 47% decrease…...

2+ week, 1+ day ago  (485+ words) Businesses that increase prices in advance of fuel cost increases or increase prices by far more than their cost increases risk being prosecuted and found guilty of price gouging. "The same applies to businesses that continue to charge higher prices…...

6+ day, 12+ hour ago  (632+ words) New Zealand's central bank kept its policy rate at 2. 25% on Wednesday for a second meeting, buying time to assess the fallout from the Middle East war but signalling it would act decisively if inflation heats up. In the near term,…...

1+ week, 6+ day ago  (356+ words) New vehicle sales in South Africa grew 17. 3% year-on-year in March, continuing the sector's impressive revival. With 58, 060 units sold, it was the best March figure since 2007. Passenger cars moved 39, 370 units for an 18. 2% increase over March 2025, while light commercial vehicles (including bakkies…...

1+ week, 6+ day ago  (500+ words) The Bank of England (Bo E) said on Wednesday the Iran war had dealt "a substantial negative supply shock" to the world economy, increasing the danger that pre-existing threats to financial stability materialise. The Bo E said the prospect of weaker…...

2+ week, 6+ day ago  (334+ words) The International Monetary Fund (IMF) will visit Mozambique in the coming months, a Fund spokesperson said, as the nation seeks help shoring up its increasingly strained finances and grapples with mounting public debt. Mozambique's sovereign spread " the premium investors demand…...

1+ mon, 4+ day ago  (358+ words) Statistics South Africa (Stats SA) announced that the country's gross domestic product (GDP) increased by 0. 4% in the fourth quarter of 2025. This was led in part by finance, real estate, and the business services industry, which increased by 1. 4%, and contributed 0. 3 of…...