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South Africa’s Revenue Service (SARS) achieved a historic milestone by collecting $119.73 billion (R2.01 trillion) in net revenue for the fiscal year ending March 31, 2026, marking an 8.4% increase from the previous year.
Analysts warn Nigeria’s heavy reliance on Chinese goods exposes it to external shocks, including changes in China’s economic conditions, supply chain disruptions or shifts in trade policy.
In 2023, Ghana’s economy was in distress. The Ghanaian cedi had lost much of its value, inflation was running hot, and a sovereign debt crisis had forced the government into restructuring. For investors, the story was simple: stay away.
Nigeria and Ghana generated about 90% of MTN’s 2025 profit, underscoring strong growth in West Africa while raising questions about earnings concentration and exposure to regulatory and currency risks.
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Y Combinator-backed fintech Bujeti has launched a tax management product…
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Planning to make contactless payments? Cardtonic Introduces Platinum Card to…
Target Yield offers Nigerians a disciplined goal-driven investment structure with…
In Nigeria’s fast-evolving financial ecosystem, one persistent challenge continues to…
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Credit ratings agency SP Global Ratings has downgraded Senegal’s local currency sovereign rating to CCC+/C, signaling increased refinancing risks as the country struggles with a debt overhang of $13 billion and stalled IMF negotiations.
The South African Reserve Bank (SARB) has maintained its repo rate at 6.75% amid rising inflation risks due to soaring global oil prices linked to the ongoing conflict in Iran.
Standard Bank Group, Africa’s largest lender, forecasts an 8-12% compound annual growth in headline earnings per share from 2026 to 2028, alongside revenue growth of 7-10%.
Angola is moving to strengthen its debt profile and capitalise on soaring oil prices, launching a $1.75 billion debt buyback alongside plans for new dollar-denominated bond sales
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