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Economy

Economic trends and analysis

Petrobras Takes Control Of Eight Côte d’Ivoire Oil Blocks In Major African Expansion
Economy

Petrobras Takes Control Of Eight Côte d’Ivoire Oil Blocks In Major African Expansion

Petrobras' plans mark a return to the African continent after the company divested assets in the region under previous g...

By Sizwe Mlotshwa 2 days ago
South Africa Adds East London To LNG Expansion As 2028 Gas Supply Crunch Approaches
Economy

South Africa Adds East London To LNG Expansion As 2028 Gas Supply Crunch Approaches

The Transnet National Ports Authority (TNPA) has invited private operators to bid for the right to finance, build and op...

By Sizwe Mlotshwa 3 days ago
BRICS Summit 2026: What Are The Key Takeaways?
Economy

BRICS Summit 2026: What Are The Key Takeaways?

Speaking at the 18th BRICS Summit, President Cyril Ramaphosa called for the establishment of an international mechanism ...

By Sizwe Mlotshwa 6 days ago
Nigeria’s Economy Accelerates as Africa’s Growth Story Gains Momentum
Economy

Nigeria’s Economy Accelerates as Africa’s Growth Story Gains Momentum

Nigeria’s economy accelerated in Q2 2026, with real GDP growth reaching 4.43% as manufacturing, agriculture and servic...

By Geoffrey Mbaabu 2 weeks ago
Official Petrol Price Increases For September Announced
Economy

Official Petrol Price Increases For September Announced

Diesel users—particularly in the logistics, agriculture and mining sectors—will feel the brunt of the increase, with...

By Sizwe Mlotshwa 3 weeks ago
Nairobi Shuts Down: KRA’s New Import Benchmark Puts Small Traders and Consumer Prices Under Pressure
Economy

Nairobi Shuts Down: KRA’s New Import Benchmark Puts Small Traders and Consumer Prices Under Pressure

Parts of Nairobi’s Central Business District have been forced into an unusual shutdown as small traders protest a new ...

By Rodah Muchembi 3 weeks ago
A 116 Year Old Private Company Looks To Expand Onto South Africa’s Rail Systems
Economy

A 116 Year Old Private Company Looks To Expand Onto South Africa’s Rail Systems

Grindrod has seen its earnings grow with its ports and terminals leading the way, and is eyeing expansion into South Afr...

By Sizwe Mlotshwa 4 weeks ago
Tackling the Gender Pay Gap: A Key Priority for South Africa’s Labour Market
Economy

Tackling the Gender Pay Gap: A Key Priority for South Africa’s Labour Market

The South African labour market continues to reflect unequal employment outcomes between men and women. According to the...

By Sizwe Mlotshwa 1 month ago
South Africa’s Consumer Food Price Inflation Slowed To Its Lowest Level In July 2026
Economy

South Africa’s Consumer Food Price Inflation Slowed To Its Lowest Level In July 2026

The headline inflation rate cooled for the first time in five months, declining to 4,3% in July from 5,0% in June. The m...

By Sizwe Mlotshwa 1 month ago
Rand Steady Near Five-Month High Despite Rising Unemployment
Economy

Rand Steady Near Five-Month High Despite Rising Unemployment

The South African rand remained steady in early trade on Wednesday, holding near a five-month high against the dollar de...

By James A. Abi 1 month ago
SA Official Unemployment Rate Rises to 33.6%
Economy

SA Official Unemployment Rate Rises to 33.6%

South Africa's official unemployment rate has risen to 33.6% in the second quarter of 2026, up from 32.7% in the first q...

By James A. Abi 1 month ago
South Africa's Inflation Jumps to 5% in June, Driven by Fuel and Transport Costs
Economy

South Africa's Inflation Jumps to 5% in June, Driven by Fuel and Transport Costs

Annual consumer inflation in South Africa surged to 5.0% in June 2026, up from 4.5% in May, marking the highest reading ...

By James A. Abi 2 months ago