Bizcommunity.com Johannesburg cityscape, taken at sunset, showing Hillbrow residential centre with the prominent Ponte flats and the communications tower. Getty Images Image used for illustrative purpose. South Africa’s manufacturing output rose 2.1% year on year in October after falling by a revised 4.1% in September, statistics agency data showed on Tuesday, 12 December.Factory production was…
Reuters News A man holds Ghana’s cedi notes in Accra July 3, 2007. Luc Gnago, Reuters Ghana’s consumer inflation slowed to 26.4% year on year in November from 35.2% in October, the statistics service said on Thursday. The cocoa, gold and oil-producing country facing its worst economic crisis in a generation is in talks with…
Nigerian Tribune Image used for illustrative purpose. Getty Images Federal Government on Wednesday unveiled plans to commence the implementation of the new revenue-sharing formula in the first quarter of 2024. The Chairman of the Revenue Mobilisation and Fiscal Commission (RMAFC), Muhammed Bello Shehu gave the indication during an interactive session on the 2024-2026 Medium Term…
Bizcommunity.com SA secures $300mln loan for Energy Governance and Climate Resilience The African Development Bank Group’s Board of Directors has sanctioned a $300m loan for South Africa, earmarked for the implementation of its Energy Governance and Climate Resilience Programme. This programme, devised in partnership with other development entities including the World Bank and KfW Development…
Reuters News The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz/File Photo Purchase Licensing Rights Nigeria still needs to control inflation and stabilise its foreign exchange market following currency reforms and the removal of a petrol subsidy,…
Reuters News Workers inspect cars newly manufactured from a nearby plant before being loaded on a cargo ship at a port, in East London, in the Eastern Cape province, South Africa, March 19, 2023. REUTERS/Siphiwe Sibeko/File Photo Purchase Licensing Rights South African business confidence rose in November, as tourism and merchandise import volumes improved in month-on-month terms,…
Africa Business Image used for illustrative purpose. Getty Images Applications are open for early and growth-stage health tech innovators Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, is calling for leading innovators to join its second cohort. Funded by the Bill & Melinda Gates Foundation and…
Bizcommunity.com Aerial view of solar power station and solar energy panels. Image used for illustrative purpose.Getty Images For over a decade and a half, South Africa has grappled with a crippling energy crisis. The scarcity of power has compelled many households to seek alternatives, such as installing battery backup systems, to mitigate the effects of…
Bizcommunity.com In the pulsating heart of South Africa’s business landscape, a transformative force is quietly making its mark – Artificial Intelligence (AI). The increasing reliance on AI technologies is reshaping how businesses operate, enhancing productivity, facilitating informed decision-making, and driving efficiencies across diverse industries. This article explores the burgeoning importance of AI in South African…
Reuters A worker inspects Mercedes-Benz cars at a port, in East London, in the Eastern Cape province, South Africa, July 7, 2022. REUTERS/Siphiwe Sibeko/File Photo Purchase Licensing Rights JOHANNESBURG, Dec 12 (Reuters) – South Africa’s manufacturing output rose 2.1% year on year in October after falling by a revised 4.1% in September, statistics agency data showed on…
