Southern Africa economic news
Finance: Building a Banking hub for Africa
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The financial services sector is forging new partnerships and adapting its product offerings to...
Ford unveils new models for Africa as it eyes big untapped market
Ford Motor Co announced 17 new vehicles for Sub-Saharan Africa on Thursday, as carmakers jostle for position in one of the last major m...
Cloud Computing set for massive growth in SA & Kenya
Rapidly expanding bandwidth capacities, following the landing of undersea cables, have led to the proliferation of data centres and est...
Africa: AU Summit Approves Creation of African Monetary Fund
The AU Commissioner for Economic Affairs, Anthony Maruping, told journalists in Malabo on Monday that the Fund would work to correct ba...
Africa: BRICS Launches New Development Bank
Beijing — In July, nations known as the "BRICS," Brazil, Russia, India, China and South Africa, announced the creation of a new, $100 b...
Africa: Grand Vision for an African-Owned Drive on Food Security
Maputo — "Your granary will never be filled by your neighbour." This is a Mozambican saying that was used by Graca Michel, member of In...
UBA Launches One-Stop E-Payment Portal
E-commerce in Africa is set to receive a boost as United Bank for Africa (UBA) Plc has introduced an online payments and collections pl...