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economy

Black Friday Success Despite Economic Strain

South Africa's headline inflation rate increased by 0.5ppt to 5.9% in October and is underpinned by the rising fuel and food inflation. The core inflation eased to 4.4% from 4.5%, although this was also more than what was expected....

What to Expect from the 15th BRICS Summit

After several months of planning and groundwork BRICS Summit is ready to be hosted from 22-24th August 2023 at the Sandton Convention Centre in Johannesburg. This year BRICS leaders representing emerging world economies - Brazil, India, China and South...

Top 10 Wealthiest African Countries According GDP in 2021

Spanning 54 countries, Africa is a powerhouse in the world of natural resources and innovation. Resources like diamonds, sugar, gold, uranium, silver, oil, and petroleum famously make Africa and investments in Africa very lucrative. Oil being an invaluable commodity, its...

South Africa’s GDP Falls by 2% During First Quarter of 2020

According to Statistics South Africa, the country's economy decreased by 2.0% in the first quarter of 2020. Extending the technical recession the country found itself in in the last quarter of 2019. Stats SA's latest quarterly GDP figures come only...

Africa’s Top 10 wealthiest countries ranked by GDP

Spanning 54 countries, Africa is a powerhouse in the world of natural resources and innovation. And despite the social and political issues the continent faces, there's no doubt that it's on track to see an abundance of opportunities to...

Turning urban data into dynamic visualisation with FABRIC

Siemens launched an extraordinary data visualization project called FABRIC at the German Africa Business Summit in Accra, demonstrating how crucial data is in transforming Africa’s urban centres into smart cities of the future. This interactive initiative previously launched in South...

Tax reform, digitisation key to financing development

Africa must digitise its economies, broaden its tax base, prevent further deterioration of fiscal and debt positions, and aim for double-digit growth to achieve the UN 2030 global goals (SDGs), and the AU Agenda 2063 according to the 2019...

Africa’s TMT sector continues to show impressive growth

Global mergers and Acquisitions (M&A) activity in tech and telecoms rose to USD 439 billion in 2018 as transformations within the sector continued and the emergence of disruptive cloud, mobile, social and big data analytics technologies drove deal making. The...

Women in tech who are redefining the industry

As we celebrate International Women’s Day 2019 under the theme “#BalanceForBetter”, let’s not forget to applaud the amazing work done by extraordinary women who are disrupting and revolutionising the technology industry on the African continent. These women have gone beyond...

Canon reinforces commitment to drive innovation in Kenya

Kenya has once again attracted another multi-national company with the re-entry of Japanese imaging and business solutions brand Canon. Yuichi Ishizuka, President and CEO of Canon Europe Middle East and Africa (EMEA) recently visited Kenya as part of a regional...
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Standard Bank Connect Relaunches Device Financing Service

Standard Bank’s Mobile Virtual Network Operator (MVNO), Standard Bank Connect, has announced the relaunch of its device offering, bringing...
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