Germany wants more economic engagement in Africa. However, while other countries have long been taking action, Berlin lacks strategy and speed. Geopolitically, there is much more at stake than just raw materials.
Chery Automobile has taken the South African market by storm with its range of affordable internal combustion engine vehicles. It also recently launched the two most affordable hybrids in the country.
Read MoreSouth Africa has seen a significant increase in Internet traffic since 2020, with various sources reporting growth of over 180%.
Read MoreSouth Africa’s inflation rate edged higher in June, reaching the base of the central bank’s target range, but analysts said there was still scope to ease monetary policy.
Read MoreKenya’s cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody’s said on Wednesday, as the government leans on the domestic debt market to fund its budget shortfalls.
Read MoreUkrainian Foreign Minister Dmitro Kuleba will visit the African continent for the third time amid the worsening global food crisis following Russia's withdrawal from the Black Sea Grain Initiative, with a tour that begins today in Equatorial Guinea.
Read MoreAdcock Ingram surged the most on record after India’s Natco Pharma said it will acquire a stake in the South African drugmaker for about $232 million (R4 billion).
Read MoreWhile fuel sales are declining, forecourt retailers are expanding their footprint across South Africa, as more consumers opt for convenient shopping options and electric cars gain popularity.
Read MoreSouth Africa’s National Roads Agency expects to be able to access a R7 billion ($398 million) loan from the New Development Bank soon and plans to use the money to upgrade key transportation routes.
Read MoreStandard Bank and Shoprite have expanded their UCount rewards partnership to now include more of the retailer’s brands, including Shoprite and Checkers LiquorShops and Petshop Science.
Read MoreAfter holding steady at 2,8% in April and May, consumer inflation edged higher to 3,0% in June. The month-on-month change in the consumer price index (CPI) was 0,3%.
Read MoreBMX meets bold South African design in a first-of-its-kind collaboration between Red Bull athlete Murray Loubser and Soweto-born multidisciplinary artist Fhatuwani Mukheli.
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