Nigeria’s Tinubu targets 7% economic growth by 2027
Nigerian President Bola Tinubu on Wednesday set a target of 7% annual economic growth by 2027, aiming to lift millions out of poverty and expand the economy to four times its current size by 2030.
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South African court rescinds TotalEnergies oil exploration permit
A South African court has rescinded an environmental authorisation granted to TotalEnergies and its joint venture partner Shell to explore for oil in a block off the Cape coast, a court judgment seen by Reuters showed.
Read MoreWoolworths unveils next-gen store at Tyger Valley Shopping Centre
Woolworths Tygervalley in Cape Town has officially reopened its doors to the public following months of an extensive renovation, unveiling the brand’s next generation store format.
Read MoreUnemployment in South Africa jumps past 33% as jobs crisis deepens
The latest Quarterly Labour Force Survey (QLFS) from Stats SA shows that South Africa’s unemployment rate has increased again, jumping to 33.2% in Q2.
Read MoreInternational car brand making a big return to South Africa
Tata Motors Passenger Vehicles (TMPV), a subsidiary of India’s largest automotive company, Tata Motors, has officially announced its return to South Africa.
Read MoreInternational investors flocking to buy these properties in South Africa to run successful businesses
International investors are flocking to buy hospitality properties in South Africa to run successful businesses.
Read MoreAbsa clients can earn up to 60% cash back on their Checkers and Sixty60 shopping
Absa and Shoprite have teamed up in a new partnership that will allow the bank’s customers and members of its rewards programme to earn cash back when shopping at the retailer’s stores.
Read MoreCapitec’s new era begins with a bang
Despite implementing a reduced and simplified fee structure in the first half of its 2026 financial year, Capitec grew its transaction income and earnings over this period.
Read MoreKenyan lender KCB Group reports 7% rise in first-half pretax profit
NAIROBI, Aug 13 (Reuters) – Kenyan lender KCB Group’s first-half pretax profit rose 7%, helped by higher interest income, the bank said on Wednesday.
Read MoreSouth African rand extends gains after business confidence, retail sales data
The South African rand extended its gains on Wednesday, boosted by a weaker dollar after the release of a domestic business confidence index and retail sales figures.
Read MoreChad: Little hope for democracy after Masra verdict
The 20-year sentence against former Prime Minister Succes Masra signals an ever-shrinking space for dissent under chadian President Mahamat Idriss Deby. Some fear this could inflame tensions in a country in transition.
Read MoreMacron acknowledges French colonial repression in Cameroon
French President Emmanuel Macron has acknowledged the violence committed by French troops as Cameroon fought for its independence. It comes as African leaders reassess France's ongoing presence on the continent.
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