Africa ETP News
you are currently viewing::South African rand strengthens after surprise GDP growth dataJune 9, 2026- The rand strengthened on Tuesday after South Africa's economy expanded more than expected in the first quarter of 2026, though the impact of the Iran war was likely to be reflected in the next release.
Gross domestic product (GDP) grew 0.5% quarter-on-quarter on a seasonally adjusted basis in the first three months, Statistics South Africa data showed. Economists polled by Reuters forecast GDP growth of 0.3% quarter-on-quarter, down from 0.4% in the fourth quarter of 2025, and 1.8% year-on-year. Source: cnbcafrica.com |
Africa's growth holds firm amid global turbulence, says 2026 African Economic Outlook
May 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent.
In 2026, Africa is projected to grow at 4.2 percent, despite heightened geopolitical tensions and global supply shocks.
Africa's growth holds firm amid global turbulence, says 2026 African Economic Outlook
May 26, 2026-The continent recorded an estimated average GDP growth of 4.4 percent in 2025, with 22 economies posting rates above 5 percent.
In 2026, Africa is projected to grow at 4.2 percent, despite heightened geopolitical tensions and global supply shocks.
Central Africa is expected to see growth rising to 3.8 percent in 2026 from 3.6 percent in 2025, buoyed by sustained high oil prices
Zimbabwe- a tale of two African stock exchanges
June 15, 2026-The Victoria Falls Stock Exchange (VFEX) is positioning itself as a gateway to international capital entering Zimbabwe and other southern African markets. Will it take liquidity away from parent company the Zimbabwe Stock Exchange (ZSE), or are the two bourses complementary?
