Financial

South Africa’s Fiscal Crossroads: Treasury Signals Stabilisation as Debt Growth Slows

South Africa appears to be approaching a notable inflection point in its public finances, with the National Treasury reporting signs…

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Political Crosswinds Threaten Nigeria’s Hard-Won Economic Progress — IMF and Experts Sound Alert

Lagos, Nigeria — January 19, 2026 — Nigeria, Africa’s largest economy, stands at a critical juncture: having recently stabilised key…

Zambia’s IMF U‑Turn: Lusaka Walks Away from $145M Loan Extension as Election Looms

In a move that has caught both financial markets and policy watchers off guard, Zambia has formally withdrawn its request…

Ghana’s $1.47B Energy Debt Settlement Aims to End “Dumsor” and Restore Power Credibility

ACCENT ACCRA — Ghana’s government has taken a decisive step to stabilise its beleaguered energy sector by settling approximately $1.47…

Nigeria’s Rabiu Breaks Barrier — Two Black Men Now in Africa’s Top 5 Wealthiest for First Time

LAGOS — In a striking shift on the continent’s wealth landscape, two Black African business leaders now rank among the…

Mayweather’s Nearly $3M Legal Liability Signals New Cross-Continental Business Risks for High-Profile Personalities

Key HighlightsFloyd Mayweather Jr. was ordered by a U.S. court to pay $2.4 million to Nigerian media firm Zinni MediaThe…

South African Rand Wavers as Manufacturing Data Looms, Underscoring Economic Crossroads

Johannesburg, January 8, 2026 — The South African rand weakened modestly on Thursday as investors entered a cautious holding pattern…

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