In partnership with the South African Reserve Bank (SARB), BankservAfrica introduced PayShap, a revolutionary speedy payment method that is anticipated to transform small-sum transactions in South Afr
Mar 13, 2023
The South African Rand opened the week on a weaker note against the US dollar, despite the continued imposition of high interest rates. The currency was trading at 18.9 against the US dollar, approach
Sep 25, 2023
South Africa’s inflation rate plummeted to 2.7% in March 2025, down from 3.2% in February and below analysts’ expectations of 2.9%, marking the lowest level since June 2020 and falling below the Sout
Apr 24, 2025
Zimbabwe had projected a GDP growth of 6% in 2025, the Southern Africa region’s fastest and a record high in recent years. The growth was largely premised on a rebound in Agriculture anchored on maize
Zimbabwe has secured a significant opportunity to export blueberries to China following the signing of a phytosanitary protocol during President Emmerson Mnangagwa’s recent visit to China, according t
Zimbabwe’s fuel prices have seen a minor adjustment, with petrol prices dropping by one cent from $1.56 in August to $1.55 in September, while diesel prices have remained unchanged at $1.55, according
Gold experienced a robust rally at the end of August, reaching US$3,429 per ounce, a 4% increase for the month, bringing its year-to-date gain to an impressive 31%. Despite a weaker US dollar, gold a
Impala Platinum Holdings Limited (Implats) a leading South African platinum group metals (PGM) producer plans to redefine its volumes from improved processing availability at Impala Rustenburg and Zi
Zimbabwe has achieved a historic milestone by recording its lowest trade deficit ever in July 2025, with the deficit plummeting by 94.5% to USD 8.7 million from USD 158.6 million in June 2025. This pe
NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu
Zimbabwe’s inflation, measured in both ZiG (Zimbabwe Gold) and US dollar terms, experienced a significant decline in August 2025, signaling improved macroeconomic stability. According to Zimstat, an
