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Despite the scale of tariff increases, the US retained its position as South Africa’s third-largest trading partner after China and Germany in 2025, reinforcing its influence in Pretoria’s trade architecture.

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.

Nigeria’s National Assembly has approved a $49.38 billion budget for 2026, a 17% increase from President Tinubu’s original proposal, aimed at addressing capital projects and fiscal stability.

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.
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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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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.

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.