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    The Agricultural Business Chamber of South Africa (Agbiz) welcomed the news following comments by Wu Peng, the Chinese Ambassador to South Africa, who reiterated China's commitment to strengthening economic ties. Using the social media platform X (formerly Twitter), Ambassador Wu confirmed that China is open to importing more agricultural and industrial goods from South Africa, reflecting its strategic focus on securing food supply chains.

    China Signals Strong Interest in South African Agriculture Amid Global Trade Shifts

    News Desk -
    (3 Minutes Read) China has expressed a strong interest in increasing imports of South African agricultural products, according to recent discussions and statements from both...
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    In his remarks, MTC Managing Director, Dr. Licky Erastus, said that the telco giant is committed to continuing to serve with consistency to improve Namibia and the lives of its people. He emphasised that, amongst others, education must be prioritised. Dr. Erastus expressed gratitude to MTC’s stakeholders for the continued support and reassured MTC’s support to the government.

    Namibia’s Telco Giant MTC to help the Government in Achieving Economic Priorities

    News Desk -
    (3 Minutes Read)   In his remarks, MTC Managing Director, Dr. Licky Erastus, said that the telco giant is committed to continuing to serve with...
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    Adnoc and other companies in the United Arab Emirates have expressed interest across the breadth of Africa’s energy sector in a matter of weeks. Gulf states have ramped up investment in energy projects on the continent, ranging from renewable plants to oil fields, in recent years.

    Abu Dhabi’s ADNOC Front Runner to Buy Assets of Shell Plc’s South African Assets

    News Desk -
    (3 Minutes Read) Adnoc and other companies in the United Arab Emirates have expressed interest across the breadth of Africa’s energy sector in a matter...
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    Godongwana ascribed the chaotic process to “uncharted waters” associated with coalitions and the government of national unity (GNU) that required the support of several political parties to pass the budget.

    South Africa’s Third Version of National Budget to be Tabled on 21st May

    News Desk -
    (3 Minutes Read) Godongwana admitted that the budget process thus far, with one version withdrawn before it was delivered and a second tabled and then...
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    The Botswana Unified Revenue Service (BURS) is urgently seeking new revenue streams, including a crackdown on major global e-commerce platforms such as Amazon, Alibaba, Walmart, Rakuten, and others involved in transactions worth millions of Pula.

    Botswana Concerned About Likely Impact of US Sanctions

    News Desk -
    (3 Minutes Read) The Botswana Unified Revenue Service (BURS) is urgently seeking new revenue streams, including a crackdown on major global e-commerce platforms such as...
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    Patrick Pouyanne, the CEO of the French oil and gas company, TotalEnergies, which heads the Mozambique LNG Project, located on the Afungi peninsula, in Palma district, in the northern province of Cabo Delgado, has announced that operations may resume by the middle of this year.

    TotalEnergies to Commence Operations in Mozambique by Middle of the Year

    News Desk -
    (3 Minutes Read) The LNG project is budgeted at around USD 20 billion. The US Export-Import Bank had previously agreed to a USD 4.7 billion...
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    The ceremony was attended by Francisco Pagula, Governor of Inhambane, and Gerry Marketos, Honorary Consul General of Greece in Mozambique. On the occasion, Pagula highlighted the importance of the partnership to attract investments, train human resources and create jobs.

    Mozambique and Greece Sign Accord for Promoting Tourism

    News Desk -
    (3 Minutes Read) One of the priorities of the MoU is professional training, especially for young people, preparing them to enter the job market in...
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    Mozambique’s private-sector Confederation of Economic Associations (CTA) said that the post-election crisis in the country had reduced the level of demand in all sectors, with hotels and restaurants being the most affected.

    Level of Aggregate Demand in Mozambique Low : Industry Associations

    News Desk -
    (3 Minutes Read) The president of the CTA said that, although the situation is “better under control”, the post-election demonstrations, which have been taking place...
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    South Africa's electricity prices have skyrocketed by more than 600% since 2008, far outpacing headline inflation and becoming a key structural driver of rising costs across the economy. This relentless rise in energy costs continues to complicate efforts by the South African Reserve Bank (SARB) to ease interest rates despite recent dips in overall inflation.

    South Africa’s electricity prices have risen by over 600% since 2008

    News Desk -
    (3 Minutes Read) According to Momentum Investments, electricity prices surged by over 600% between January 2008 and early 2025, compared to just 139% growth in...
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    The Zimbabwe Ministry of Transport and Infrastructural Development has confirmed that the tendering process for the Victoria Falls road rehabilitation project is still ongoing, following the retraction of an inaccurate social media post.

    Tender Process for Victoria Falls Road Rehab Underway

    News Desk -
    (3 Minutes read) Once the committee completes its assessment, the Special Procurement Oversight Committee will further review the findings to ensure full compliance with national...
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