Figuring out how to get things done is a major constraint to African development The post on African elites’ lack of ambition ...

South Africa recorded a budget deficit of 13.1 billion rand in March, compared with a surplus of 3.4 billion rand in the same ...

EVENTS: Uganda releases April inflation statistics GLOBAL MARKETS Shares struggled for direction on Wednesday and oil prices ...

South Africa’s Finance Minister Enoch Godongwana said on Wednesday that he would present a new budget on May 21. Godongwana is expected to announce changes to revenue and spending projections after he ...

In just four months, the average United States effective tariff has vaulted from about 2 per cent to more than 22 per cent.

Foreign ministers from the BRICS group of developing nations failed to agree on a joint communique on Tuesday, highlighting differences within the fast-growing diplomatic bloc, while the chair Brazil ...

Glencore GLEN.L on Wednesday reported lower copper production in the first quarter, and said it expects 2025 profit at its trading division to be in the middle of its long-term annual guidance. The ...

A group of philanthropies including the Gates Foundation has set up a fund backed with nearly $500 million to help save the ...

Moody’s believes the US import tariffs are credit negative for African banks but risks should be manageable.

The Uganda shilling UGX= strengthened slightly on Tuesday, bolstered by month-end inflows of hard currency from charities, ...

The Kenyan Shilling KES= was steady against the dollar in early trade on Tuesday with traders noting minimal activity on both ...

Uganda’s proposed budget for the 2025/2026 financial year has grown 25% to 71.9 trillion shillings ($19.6 billion), compared to the previous projection of 57.4 trillion shillings given in September, ...