Nedbank’s half-year profit was broadly flat as stronger income offset rising credit costs, while the South African lender raised its interim dividend.
South Africa proposes rules requiring authorised providers to report cross-border crypto transfers, tightening oversight while public consultation runs.
Nigeria says 43 insurers and reinsurers now meet new capital requirements, marking major progress under the sector's sweeping regulatory reforms.
South Africa's rand strengthened as investors awaited manufacturing PMI and vehicle sales data for fresh signals on the country's economic momentum.
Investors enter the week watching oil prices, African currencies and major economic data after easing Middle East tensions shifted global market sentiment.
Lagos –Fidelity Bank has announced the successful completion of its acquisition of Affinity Bancshares, Inc. and its subsidiary, Affinity Bank, marking a significant milestone in…
Cairo, July 31.Egypt has increased electricity tariffs for most residential consumers by an average of 12%, while leaving the lowest household consumption bracket unchanged, as…
Johannesburg –The South African rand weakened against the U.S. dollar on Friday despite stronger-than-expected trade data, as investors remained focused on global market sentiment and…
Cape Town—The Orange Basin, one of the world's most promising offshore petroleum provinces shared by South Africa and Namibia, is emerging as a striking example…
Johannesburg – AngloGold Ashanti reported a 58% increase in second-quarter profit, buoyed by stronger global gold prices that boosted earnings during the period.