Africa Finance News Headlines, Finance Breaking News

Top 10 Finance News Headlines from major African news sources aggregated in one place

South Africa's consumer price index (CPI) rose 3.3% in annual terms in October, driven largely by rising prices for food and non-alcoholic beverages.

27 Nov 2020

South Africa can't implement a pay deal with public servants because it would precipitate a fiscal crisis, Finance Minister Tito Mboweni said.

27 Nov 2020

It may be time to drop gold and tech stocks and buy into South Africa's domestically focused stocks, according to JPMorgan Chase & Co.

27 Nov 2020

Health minister warns Black Friday shoppers to proceed with caution; Mboweni says bailout out SAA isn't his choice, it's his mandate; expect heightened policing in the WC as Covid cases surge; and Mkh

27 Nov 2020

Higher Education, Science and Innovation minister Dr Blade Nzimande says government will further regulate the country's tuition fees in an effort to make them more affordable.

26 Nov 2020

Sygnia chief executive Magda Wierzycka says that a group of large asset managers are to blame for Treasury's decision to backtrack on allowing a higher ratio of offshore investments for pension funds.

26 Nov 2020

Local lockdowns are again being considered as Covid hotspot areas surge; some healthcare facilities will be impacted by a nationwide strike today; insurers suffer yet another blow in court over Covid

26 Nov 2020

South Africa's salaries improved by 3% year-on-year in real terms in October 2020, according to the latest BankservAfrica Take-home Pay Index (BTPI).

25 Nov 2020

South Africa's Employment and Labour minister Thulas Nxesi has warned that the state-run Unemployment Insurance Fund could collapse if it is forced to again extend special benefits to workers who've l

24 Nov 2020

The National Minimum Wage Commission has published its annual review of the national minimum wage, including a proposal to equalise the wages of domestic workers with other employees.

23 Nov 2020

South Africa sunk deeper into junk territory on Friday (20 November) after Moody's Investors Service joined Fitch Ratings in lowering the country's credit ratings.

22 Nov 2020