Africa Economy News Updates

Latest Africa Economy news headlines.
Find List of Africa Economy Trends 2024 from various News Websites / Blog / Articles
 

Factory production rises in January but confidence dips on SA headwinds in quarter

While manufacturing production rose by 2.6% year on year in January, according to Statistics South Africa, confidence in the sector dipped during the first quarter thanks to load shedding, challenges at the ports and political uncertainty, the Abs
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15 Mar 2024

Kenya back on Grey List: The cure?

What you need to know:Studies show that countries that are grey-listed experience a myriad of effects. Failure of institutions to execute their mandate has a spillover effect on the broader country. Ten years later, Keny
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15 Mar 2024

Electricity Regulation Bill will open competition in market, says Mantashe

Mineral Resources and Energy Minister Gwede Mantashe says the Electricity Regulation Amendment Bill will open competition in the market.He said the bill will allow anyone who can generate electricity to do so. Mantashe said this sho
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15 Mar 2024

Hyprop, REITS may be in for a bumpy ride from faltering retailers such as Pick n Pay

Hyprop Investments, with malls in its portfolio such as Canal Walk, Rosebank Mall, The Glen, amongst other, said yesterday in its results for the half year to the end of December, that challenges faced by South African retailers spelt uncertainty,
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15 Mar 2024

Caxton says Google has morphed into a rival

What started out as a partnership between Google and South African publisher Caxton CTP Publishers has now degenerated into an "asymmetric" relationship where the two are now competitors for the same content and revenue. This is
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14 Mar 2024

Manufacturing did better than mining in January

Manufacturing did better than mining in January, but it is not really good news, as both industries are visibly weak with the latest numbers for 2024 aligning with the trend of choppy economic data throughout 2023 that indicate a stagnant economy
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14 Mar 2024

SA's solar PV footprint is forecast to become 10th-largest globally

The dominance of solar PV continued to grow in South Africas journey towards energy security, with predictions that the country would be the 10th-largest PV market in the world this year, according to BloombergNEFs recent report.Dr Rethabil
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14 Mar 2024

SAA deal with Takatso Consortium terminated

Minister of Public Enterprises Pravin Gordhan has announced that negotiations for the transaction to sell 51% of South African Airways (SAA) to the Takatso Consortium have been terminated. Gordhan announced in a statement on Tuesday after t
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14 Mar 2024

Western Cape aims to build R1 trillion economy with G4J strategy

In the Western Cape, Premier Alan Winde is advocating a shift in approach towards economic development. He has emphasised the importance of building the economy and generating employment opportunities rather than relying solely on increasin
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14 Mar 2024

Africa should prioritise decent work for its youth

(AGOF) African employers and policymakers need to embrace the Decent Work Agenda for Africa to establish equitable and dignified working conditions for all people, turn around the dire youth unemployment situation and grow the regional eco
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14 Mar 2024