Africa News & Analysis

South Africa Private Sector Credit declined to 4.16% in November from previous 4.26%

KOS and TUWOY collaborate in many key fields in Ghana. Both companies have a substantial debt burden, and the potential merger might have helped TUWOY improve its financials.

Cocoa prices have almost tripled this year as faltering production in West Africa spurred massive supply shortages.

Sibanye-Stillwater said it entered into a $500 million agreement with mining royalty company Franco-Nevada for the long-term supply of gold and platinum from three of its mines in South Africa.

Lainey Wilson once walked red carpets in animal-print suits. Now, her signature styles are bell-bottom pants, cowboy hats, and bold tops.

Teleflex introduces the Arrowg+ard Blue Plus MSB Procedure Kit in the EMEA.

According to a survey from blockchain firm Consensys, half of the population of Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet.

JCI is set to benefit from strong momentum in its Building Solutions EMEA/LA segment. However, rising expenses remain concerning.

South Africa Producer Price Index (MoM) increased to 0% in November from previous -0.7%

South Africa Producer Price Index (YoY) increased to -0.1% in November from previous -0.7%

South Africa Retail Sales (YoY) rose from previous 0.9% to 6.3% in October

South Africa Consumer Price Index (MoM): 0% (November) vs -0.1%

South Africa Consumer Price Index (YoY) up to 2.9% in November from previous 2.8%

AST SpaceMobile announces a long-term partnership with Vodafone to expand the latter’s global broadband connectivity.

South Africa Manufacturing Production Index (YoY) climbed from previous -0.8% to 0.8% in October

"McKinsey is a very different firm today than when these matters first took place," the consulting giant said in a statement.

South Africa Net $Gold & Forex Reserve declined to $60.619B in November from previous $61.197B

South Africa Gross $Gold & Forex Reserve climbed from previous $63.028B to $65.859B in November

The global consultancy was accused of bribing foreign government officials. A former senior partner pleaded guilty to a conspiracy charge.

The scheme to bribe two South African state-controlled companies helped McKinsey and McKinsey Africa net approximately $85 million in profits, the DOJ said.

South Africa Gross Domestic Product (QoQ) declined to -0.3% in 3Q from previous 0.4%

South Africa Gross Domestic Product (YoY) remains unchanged at 0.3% in 3Q