Wednesday, June 10, 2026
South Africa’s weak growth, rising debt could trigger deeper downgrades, central bank says
South Africa’s failure to stabilise the country’s fiscal situation could see its credit rating downgraded deep into junk territory, the...
Read moreDetailsZimbabwe’s new president vows to rejuvenate economy, seeks lifting of sanctions
Emmerson Mnangagwa, Zimbabwe's new president Friday rallied all Zimbabweans to unite and work together to revive the battered economy. In his...
Read moreDetailsAfrica accounts for 37% of global aviation fatalities, AfDB reveals
Akinwumi Adesina, President, African Development Bank (AfDB), says the African aviation sector accounts for about nine percent of aircraft accidents...
Read moreDetailsZimbabwe’s economic situation “very difficult”, says IMF mission chief
Zimbabwe’s economic growth is threatened by high government spending, an untenable foreign exchange regime and inadequate reforms, a senior International...
Read moreDetailsDelayed IMF programme affecting kwacha currency, says Zambia’s central bank
Denny Kalyalya, Zambia’s central bank governor said Wednesday that the delay in reaching a conclusion for an aid programme with...
Read moreDetailsIMF sees tough South Africa budget unless fiscal risk sorted
South Africa will face more fiscal difficulties and higher financing costs should state-owned companies’ debt continue rising and if the...
Read moreDetailsGhana proposes $13.9bn (N4.2trn) budget in 2018 with deficit of 4.5% of GDP
The Ghanaian government has proposed to spend $13.9 billion (62 billion Ghana cedis) about N4.2 trillion in its 2018 fiscal...
Read moreDetailsSouth Africa’s economy faces major challenges, needs tackling policy uncertainty, corruption, apex bank head says
Lesetja Kganyago, South Africa’s central bank governor said Thursday that the country's economy faces major challenges, and the government needs to...
Read moreDetailsSouth Africa moves ahead on domestic trade in Rhino Horn
South Africa said Monday it is moving ahead with draft regulations for a domestic trade in rhino horn, despite critics'...
Read moreDetailsZimbabwe secures $478 million funding for agriculture
Zimbabwe’s government has signed a $478 million agreement with an energy company and three banks to finance the 2017/18 summer...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.