Tuesday, September 30, 2025

News

South Africa’s Economic Crossroads: How a Coalition Government Navigates the Perfect Storm

After two decades of covering emerging markets, I've rarely encountered an economy as paradoxical as South Africa's current state. The numbers tell a story of cautious optimism: GDP growth...

Africa’s Warehouses are Full: What’s Driving the Boom?

Africa's industrial landscape is experiencing a remarkable transformation. In the first half of 2025, modern warehouse occupancy across...

Amazon Launches Louisiana’s First Same-Day Delivery Hub in Jefferson Parish

Amazon has officially opened the doors to its first-ever same-day delivery site in Louisiana, a move set to...

Walmart’s South African Gambit: The $358 Million Bet That Could Reshape Continental Retail

The announcement came with characteristic Walmart efficiency: a Tuesday morning press release confirming what retail analysts have anticipated...

Ethiopia Inaugurates Grand Ethiopian Renaissance Dam as Regional Tensions Persist

Ethiopia officially inaugurated the Grand Ethiopian Renaissance Dam on Tuesday, marking the completion of Africa's largest hydroelectric project...

South Africa Unveils Bold Logistics and Rail Investment Plan to Revive Economy

In a major push to overhaul South Africa’s struggling logistics and rail infrastructure, Transport Minister Barbara Creecy has unveiled...

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...

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 2025,...

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,...

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