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MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria as they further extend digital and financial inclusion, and they are considering opportunities in other countries on the continent.The sharing agreements target improved network cost efficiencies, expanded coverage and the provision of enhanced…

The March 2025 household affordability index released by the Pietermaritzburg Economic Justice and Dignity Group (PMBEJD) on Wednesday  indicated that the food basket has increased by R16,14 (0,3%), from R5 313,22 in February 2025 to R5 329,36 in March 2025. The index also indicated that the average cost of the…

The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US rivals if President Donald Trump implements major deregulation.Patrick Montagner, one of the ECB's banking regulators, told AFP in an interview that financial watchdogs "must always take a prudent…

Yuri RamkissoonThe climate emergency poses a huge threat to human rights. In order to address this emergency, a transition to an economy in harmony with the planet is an urgent necessity. As part of this transition, and for the energy transition to contribute to the realisation of the Sustainable Development…

President Donald Trump appeared to invent a new economic statecraft tactic this week by threatening what he dubbed “secondary tariffs” on countries that buy oil from Venezuela to choke off its oil trade with other nations.The threat, delivered via Truth Social post then confirmed in an executive order, said countries…

The South African Reserve Bank (SARB) interest rate easing cycle is nearing its end after it decided to keep the repo rate unchanged.This was the caution from Absa Corporate and Investment Banking (CIB) economics team on Tuesday as they presented their perspectives for the first quarter of 2025.The Sarb’s Monetary…

The Agricultural Business Chamber of South Africa (Agbiz) has expressed growing concern over alarming statistics from Statistics SA that revealed an unsettling increase in food insecurity across the nation.Data released in February showed that the percentage of food-insecure households rose significantly from 15.8% in 2019 to 19.7% in 2023, raising…

Retail group Pepkor plans to acquire hundreds of Retailability's Legit, Swagga, Style stores and the Boardsmans business as it gains further traction in its strategy to build market share in the adultwear market.Pepkor’s management, which did not disclose an explicit value of the transaction on Tuesday except to say that…

The Citrus Growers of Southern Africa (CGA) have released a mixed outlook for citrus exports in 2025, highlighting expected increases in orange and grapefruit exports, while lemon exports are predicted to take a downturn. This nuanced forecast reflects a careful analysis of current agricultural conditions and market demands, as revealed…

Tawanda Karombo South32 said on Tuesday that it will defend its South African subsidiary, Hillside Alluminium, against a claim made by an Australian company that it improperly used intellectual property from an engineering and transport contractor to develop its own systems.Strang International, an Australian engineering contractor, has dragged South32 to…