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According to GSMA’s recent report on Driving Digital Transformation of the Economy in South Africa, telecoms operators are the foundation for the digital economy, generating 4-5 per cent of the country’s total GDP. 

Unlocking South Africa’s digital potential through reforms

Finance Minister Enoch Godongwana proposed a shock consumption-tax increase to help rein in government debt, but the move was rejected by other parties in the nation’s coalition government and derailed the unveiling of the budget. 

Delayed: The VAT hike that broke the budget

The Pandemic Fund is tightening checks and balances to ensure funds flowing into the continent can be clearly accounted for in the wake over mounting allegations of graft in some countries. 

Pandemic Fund outlines agenda for Africa

The African banking landscape is prioritizing sustainability as a key agenda towards attaining the Sustainable Development Goals. 

I&M Group talks sustainability agenda & deepening financial inclusion

Since last year investors have been bullish about prospects in SA citing increased interest in the country from global clients after the formation of the GNU. 

South Africa’s banking sector outlook 

Improving the business eco-system is going to be key in unlocking trade for Africa with the global north. 

Africa Business Forum champions for trade integration through value addition

Rwanda’s capital markets are on a week by week gain as the equities and fixed incomes front remained active with treasury bills being oversubscribed. 

Rwandan market update

Uganda’s equities and fixed incomes markets remain robust despite a slowdown in market activity as investors take a wait and see approach. 

Uganda markets outlook bullish as shilling steadies

Benson Adenuga, Head of Office and Coverage Director, Nigeria at the British International Investment, joins CNBC Africa to discuss the recent 40.5-million-dollar investment in Johnvents Group in a bid expand Nigeria’s cocoa processing capacity.

BII invests $40.5mn in Nigerian cocoa processor Johnvents 

Representatives of Nigeria and Algeria have endorsed the steering committee resolutions of the Trans-Sahara Gas Pipeline project paving the way for three key agreements covering feasibility studies.

Trans-Sahara Gas Pipeline: Nigeria, Algeria endorse steering committee resolutions 

There is a growing trend of African millionaires moving to Dubai lured by the soaring real estate market and tax-free, investment-friendly environment the city offers. 

What does Africa’s wealth flows to Dubai mean for the future?

Data from the National Bureau of Statistics shows Nigeria’s rebased All Items index in January this year was 110.68, while headline inflation on a year-on-year basis stood at 24.48 per cent in the month under review.  

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