Nov 17 (Reuters) - S&P Global on Friday affirmed South Africa's foreign currency rating at "BB-/B" and local currency rating at "BB/B", citing benefits from access to deep domestic markets, ...

The International Finance Corporation, the World Bank's private investment arm, is expanding its local-currency lending and ...

JOHANNESBURG, July 20 (Reuters) - A BRICS currency will not be on the agenda of the bloc's summit in South Africa next month, but Brazil, Russia, India, China and South Africa will continue to switch ...

The rand steadied as South Africa’s currency tracks developments affecting its biggest export partner China, which is ramping up support for the yuan. The rand fluctuated between gains and losses and ...

South Africa has shown a growing interest in cryptocurrencies over the years, with many people investing in the industry. The country has a supportive regulatory environment, and the South African ...

In September 2023, Nigeria was upbeat after Emirates Airlines agreed to resume direct flights to the country. This came after an 11-month hiatus, the root cause of which was an inability to repatriate ...

Despite being rich in natural resources, Nigeria grapples with economic instability, high inflation, unemployment, inadequate infrastructure and a weak currency. 10 African currencies stronger than ...

Standard Bank Group said currency devaluations, together with the recent strength of the South African rand, diluted its performance in local currency but backed its full-year guidance. The South ...