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Inside Africa
Fitch Ratings has affirmed Namibia’s Long-Term Issuer Default Ratings (IDRs)at ‘BB-’ with a Stable Outlook. Namibia’s ratings are supported by strong governance indicators and an institutional framework relative to rating peers.
The South African Rand traded steady against Western currencies, the US dollar, the euro, and the British pound on Monday as gold rebounded amid uncertainty in the global commodity market.
King Letsie III of Lesotho said that nearly 60 per cent of the world’s chronically undernourished population by 2030 could be living in Africa.
WHO Chief Urges Uganda to Reconsider Congo Border Closure Over Ebola The Director-General of the…
The South African Rand climbed ahead of the country’s gross domestic product (GDP) data scheduled for release on Tuesday, as the debt office planned to auction local bonds.a
The Executive Board of the International Monetary Fund (IMF) has announced the approval of Rwanda’s request for a 38-month arrangement under the Extended Credit Facility (ECF) with access to SDR 185.031 million (115.5 per cent of quota) and authorised an immediate disbursement of SDR 26.433 million (about US$35.7 million).
The South African rand is trading flat against crosses on Monday as a surprise US May jobs report fueled a broad dollar rally and crushed emerging-market currencies.
Fitch Ratings has upgraded South Africa’s Long-Term Issuer Default Ratings (IDRs) to ‘BB’ from ‘BB-‘ with an outlook accorded as stable.
Kenya’s private sector activity deteriorated in May 2026, according to Stanbic IBTC Purchasing Managers’ Index (PMI) report released by S&P Global on Thursday.