insert_link AfricaIsrael-Iran conflict sends economic shockwaves through Southern Africa The spiraling conflict between Israel and Iran is beginning to hit closer to home, with economic and political tremors now being felt across Southern Africa and the continent at large. On Friday, South Africa’s currency took a notable knock, with the rand weakening by 1.6% to R18.04 to the US dollar, as jittery investors scrambled for safer assets amid rising global uncertainty. Government bond yields followed suit, with 2035 bonds […] today13 June, 2025
insert_link NamibiaFuel prices go up as government adjusts dealer margins Image contributed (Xinhua/Chen Cheng) Motorists will face higher fuel costs from Wednesday, as the Ministry of Mines and Energy has announced a 50-cent per litre price increase. At the same time, fuel retailers will see their margins rise by 30 cents per litre, while the Road Fund Administration levy will increase by 20 cents per litre. The ministry says the adjustments are due to the introduction of a new minimum […] today4 March, 2025
insert_link Business / EconomicsChina factory activity picks up, showing economy’s resilience in face of tariffs China's manufacturing activity picked up last month, indicating economic resilience in the face of US President Donald Trump slapping more tariffs on China's exports. The latest data comes as policymakers are expected to announce that they'll push China's official budget deficit target to the highest in over three decades. Laura Westbrook reports from Hong Kong. today3 March, 2025
