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cnbcafrica. com > media > Wv7 Fjl TZHt0 > africa-business-weekly-imf-downgrades-both-south-africa-and-nigeria

Africa Business Weekly: IMF downgrades both South Africa and Nigeria

5+ hour ago  (21+ words) CNBC Africa Africa Business Weekly: IMF downgrades both South Africa and Nigeria...

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cnbcafrica. com > media > 77/76/250511790 > world-banks-ifc-citi-sign-new-r16bn-borrowing-facility-in-south-africa

World Bank's IFC, Citi sign new R1. 6bn borrowing facility in South Africa

4+ day, 21+ hour ago  (770+ words) The International Finance Corporation, the World Bank Group's private-sector arm, has signed a new R1. 6 billion local-currency borrowing facility with Citi in South Africa, in a move aimed at deepening rand-denominated funding for development projects and reducing exposure to foreign-exchange volatility....

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cnbcafrica. com > 2026 > south-african-rand-steady-as-us-envoy-pick-hopes-for-iran-talks-support-sentiment

South African rand steady as US envoy pick, hopes for Iran talks support sentiment

4+ day, 23+ hour ago  (242+ words) JOHANNESBURG, April 15 (Reuters)The South African rand was steady in early trade on Wednesday as markets weighed Roelf Meyer'sappointment as ambassador to the United States and the prospect of a second round of U. S. -Iran peace talks in Pakistan later this…...

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cnbcafrica. com > 2026 > ifc-citigroup-sign-98-million-local-currency-borrowing-facility-for-south-africa

IFC, Citigroup sign $98 million local currency borrowing facility for South Africa

4+ day, 23+ hour ago  (303+ words) (Reuters)The World Bank Group's private-sector arm, the International Finance Corporation, and U. S. bank Citigroup C. Nhave signed a new 1. 6 billion rand ($98 million) borrowing facility aimed at expanding local-currency financing in South Africa, the IFC and Citigroup said on Tuesday. The facility…...

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cnbcafrica. com > media > 77/76/251219874 > payinc-index-shows-south-african-economic-growth-in-march

Pay Inc Index shows South African economic growth in March

5+ day, 1+ hour ago  (712+ words) South Africa's economy appeared to carry solid momentum through the first quarter, with the latest Pay Inc Economic Index pointing to brisk activity in March and raising expectations for a reasonably firm GDP print before the impact of rising oil…...

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cnbcafrica. com > 2026 > south-africa-agrees-new-climate-loan-critical-minerals-cooperation-on-germany-visit

South Africa agrees new climate loan, critical minerals cooperation on Germany visit

5+ day, 22+ hour ago  (177+ words) (Reuters)Germany has agreed to give South Africa a new 200 million euro ($234 million) concessional climate loan, and the two countries will deepen cooperation in other areas like critical minerals, South Africa's foreign minister said on Monday. The loan will support…...

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cnbcafrica. com > 2026 > south-africa-wins-record-investment-pledges-but-delivery-gap-persists

South Africa wins record investment pledges, but delivery gap persists

5+ day, 22+ hour ago  (621+ words) JOHANNESBURG, April 14 South Africa's latest investment conference secured record commitments, but official data show that less than half of past pledges have materialised and turned into economic activity. The sixth South Africa Investment Conference (SAIC) held in Johannesburg in late…...

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cnbcafrica. com > 2026 > south-african-rand-slips-in-early-trade-us-iran-talks-in-focus

South African rand slips in early trade; US-Iran talks in focus

1+ week, 2+ day ago  (215+ words) JOHANNESBURG, April 10 (Reuters)The South African rand was marginally weaker in early trade on Friday, with its future direction likely to be determined by the outcome ofweekend talks between the U. S. and Iran in Islamabad. At 0606 GMT the rand traded at…...

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cnbcafrica. com > media > 77/75/820040968 > kearney-technology-innovation-are-biggest-factors-shaping-investments

Kearney: Technology & innovation are biggest factors shaping investments

1+ week, 2+ day ago  (879+ words) Global investors are not retreating from cross-border expansion, but they are becoming far more selective about where they place capital, according to Kearney's 2026 Foreign Direct Investment Confidence Index. "What's coming out really strongly is that investors are looking for investing…...

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cnbcafrica. com > 2026 > south-africas-eskom-concludes-62c-kwh-power-tariff-for-samancor-chrome-glencore-merafe-smelters

South Africa's Eskom seeks regulatory approval for discounted ferrochrome tariff

1+ week, 2+ day ago  (308+ words) JOHANNESBURG, April 10 (Reuters)South African utility Eskom on Friday sought regulatory approval for a discounted electricity tariff of 0. 62 rand ($0. 0377) per kilowatt hour for struggling ferrochrome producers Samancor Chrome and a joint venture between Glencore and Merafe Resources. Eskom has submitted…...