Finance
African finance news: capital markets, FDI flows, sovereign debt, private equity deals, currency movements, and banking sector developments across the continent.
BHP’s $246bn warning to South Africa
The world's largest miner, about to be led by a South African, is delivering a pointed message to Pretoria: fix…
SARS raids own employees in customs bribery probe
SARS has raided six current and former employees linked to a customs bribery scheme worth $2.4 million in under-declared income.…
Tanzania’s $15bn FDI gap is a readiness problem
Tanzania targets $15 billion in annual FDI and 6.3 percent GDP growth in 2026 but the gap between macroeconomic ambition…
M-Pesa customers can now tap to pay
Vodacom Tanzania has launched Africa's first mobile-money tap-to-pay feature through M-Pesa, built on Paymentology's technology and Visa's network. M-Pesa customers…
