Africa economy | Fin24
  • Renewables

    The govt is assessing a R160bn plan to establish the world’s largest green-energy financing initiative.

  • Biggest Jump

    Oil prices have spiked after drone attacks in Saudi Arabia disrupted global supply.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.


Zimbabweans forking out for cash as crunch worsens

Sep 17 2019 21:02

Cash-starved Zimbabweans are forking out premiums as high as 55% to get cash on the black market in the troubled Southern African country, as liquidity shortages worsen.


    Zambia may double electricity prices as drought slashes supply

    Sep 17 2019 16:23

    Zambia, Africa’s second-biggest copper producer, may double power tariffs as the government seeks more costly imports to offset a shortfall from its drought-stricken hydropower dams.


    Zimbabwe's forex inflows fall just when they are needed most

    Sep 16 2019 10:48

    Zimbabwe's foreign currency inflows fell by a quarter for the six months to June 2019, as the country is needing to pay for key imports from fertilizers and maize to electricity.


    'Life here goes backwards': Water crisis makes things even worse in Zimbabwe

    Sep 14 2019 11:00

    Trudging home along a dusty street in the Zimbabwean city of Bulawayo, Sikhathele Ndlovu balances a 20-litre bucket of water on her head, a ritual she’s performed daily for almost a decade. Persistent drought on top of existing faulty piping means there’s little prospect of an end to her back-breaking trek to the communal borehole.


    IMF sees Namibia growing in 2020 after three-year contraction

    Sep 14 2019 10:00

    Namibia’s economy will return to growth in 2020 after contracting for three straight years, but a failure to implement structural reforms could keep the southwest African nation stuck in a low-growth trap, according to the International Monetary Fund.


    Zimbabwe establishes monetary policy committee in stability bid

    Sep 11 2019 16:17

    The committee is a step toward setting a benchmark interest rate and introducing inflation targeting as Zimbabwe’s newly introduced currency plunges.


    Zimbabwe holds diamond auction for 316 000 carats

    Sep 11 2019 11:37

    Zimbabwe’s state-owned Minerals Marketing Corporation will close the auction at the end of the week, an official has said.



    Climate change behind Zim's power problems – Energy Minister

    Sep 07 2019 07:00

    Zimbabwe Energy Minister Fortune Chasi says the country is looking to incorporate alternative energy sources for its Integrated Resources Plan, amid climate change challenges impacting its hydropower plant.

    Company Snapshot

    Money Clinic

    Money Clinic
    Do you have a question about your finances? We'll get an expert opinion.
    Click here...

    Voting Booth

    What's your view on deep sea mining?

    Previous results · Suggest a vote