Sunday, February 23, 2025

News

Angola’s Public Debt in 2025: A Deep Dive into Loan Defaults and Financial Challenges

As of 2025, Angola's public debt has risen sharply to 57.4 trillion kwanzas (approximately 58.61 billion U.S. dollars), accounting for 63% of the country's Gross Domestic Product (GDP). While...

SASSA Announces February 2025 Grant Payment Dates: What Beneficiaries Need to Know

The South African Social Security Agency (SASSA) has released the payment schedule for various social grants for February...

SASSA to suspend SRD grants where fraud is suspected

In a decisive move to protect the integrity of the Social Relief of Distress (SRD) grant system, the...

Fuel prices in Kenya rise in latest EPRA review

The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices in its latest...

Eskom’s Turnaround Efforts: Progress, Projections, and Challenges Ahead

In recent months, South Africa's state-owned power utility, Eskom, has made significant strides in its efforts to stabilize...

SASSA to suspend SRD grants where fraud is suspected

In a decisive move to protect the integrity of the Social Relief of Distress (SRD) grant system, the South...

Fuel prices in Kenya rise in latest EPRA review

The Energy and Petroleum Regulatory Authority (EPRA) has announced a significant increase in fuel prices in its latest review,...

Eskom’s Turnaround Efforts: Progress, Projections, and Challenges Ahead

In recent months, South Africa's state-owned power utility, Eskom, has made significant strides in its efforts to stabilize and...

Ethiopia Launches First Stock Exchange: A Historic Step in Economic Liberalization

Ethiopia has officially inaugurated its long-awaited Securities Exchange (ESX), marking a groundbreaking moment in the nation's ongoing economic reforms....

Zimbabwe’s Currency Crisis Deepens: A Nation at a Crossroads

Zimbabwe is grappling with yet another chapter of economic turbulence as its currency crisis intensifies, undermining confidence in the...

Kenya Shuts Down 116 Companies Amid Economic Struggles, Thousands of Jobs at Risk

In a drastic move that is set to affect thousands of workers across Kenya, the government has shut down...

Zambia’s Kwacha Faces Record Low Amid Ongoing Drought and Economic Struggles

Zambia’s currency, the kwacha, has continued its downward slide, reaching a historic low against the U.S. dollar, with the...

Kenya Airways Makes Triumphant Return to the Nairobi Securities Exchange After Nearly Five Years

In a significant milestone for Kenya’s aviation industry, Kenya Airways has resumed trading on the Nairobi Securities Exchange (NSE)...

MSC Enhances Southern African Connectivity with Walvis Bay as New Transshipment Hub

In a significant move to strengthen its presence in Southern Africa, Mediterranean Shipping Company (MSC) has set Walvis Bay,...

MSC Launches New Direct Service to Enhance Connectivity in West Africa

Mediterranean Shipping Company (MSC), a global leader in container shipping, has announced the launch of a new direct service...

Kenya’s Second-Hand Car Importers Face Major Losses Amid New Regulations

Second-hand car importers in Kenya are bracing for substantial losses as they race against the clock to clear vehicles...

Global Oil Market Poised for Growth in 2025: Key Highlights from the IEA December...

The global oil market is set for robust growth heading into 2025, according to the International Energy Agency’s (IEA)...

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