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FIN 24 – Economy News

News from across the globe, including equities, currencies, commodities and bonds.

, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24 Economy

Since the first payment on 25 August 2021, more than 5.6 million Social Relief of Distress grants were paid to consumers in the third quarter of 2021.
Posted: October 22, 2021, 5:08 pm
Zimbabwe formed a crisis team to clear traffic at Beitbridge, one of Africa’s busiest border posts, which is undergoing a R4.4 billion revamp.
Posted: October 22, 2021, 4:48 pm
South Africa is among three other countries to participate in the Accelerating Coal Transition Investment Programme.
Posted: October 22, 2021, 2:30 pm
More than 190 countries signed on the dotted line of the Paris Agreement in 2015, forming a new global consensus on the imperative to halt rising temperatures. This is a guide to the countries without significant plans to curb their enormous emissions.
Posted: October 22, 2021, 2:01 pm
Made in Cape Town is a new joint initiative by the public and private sector to support local businesses who have products and services originating in the Mother City.
Posted: October 22, 2021, 8:00 am
More than 250 000 homes in France were without electricity on Thursday after gale-force winds swept the north of the country overnight, power grid operator Enedis said.
Posted: October 21, 2021, 9:00 pm
Britain and New Zealand have reached agreement in principle on a free trade deal designed to reduce tariffs, improve services trade, and take London one step closer to membership in a broader trans-Pacific trade agreement.
Posted: October 21, 2021, 6:01 pm
The greater sub-Saharan Africa region is expected to grow 3.7% in 2021, the slowest recovery in the world compared to advanced and emerging markets and developing economies.
Posted: October 21, 2021, 1:41 pm
CEO André de Ruyter says Eskom is looking at various option of repurposing its old coal plants, particularly in Mpumalanga, for renewable projects.
Posted: October 21, 2021, 9:01 am
Kenya's President Uhuru Kenyatta on Wednesday ordered the immediate lifting of a coronavirus curfew in force since March 2020 and unveiled a stimulus package to try to revitalise the battered economy.
Posted: October 20, 2021, 8:30 pm
Mauritius is one of the five fastest-growing high-income markets in the world over this period, along with Australia, New Zealand, Switzerland and Malta.
Posted: October 20, 2021, 7:23 pm
According to researchers, despite South Africa adding renewable energy capacity to its energy sector, it still relies heavily on coal - which is contributing to high levels of emissions.
Posted: October 20, 2021, 6:40 pm
Zimbabwe's state-owned power utility expects to complete the addition of coal-fired units next year, bucking a global trend to reduce reliance on the fossil fuel.
Posted: October 20, 2021, 6:01 pm
China's new-home prices fell for the first time in six years last month, data showed Wednesday, as the property sector struggles after a government clampdown, while a default at several major developers added to contagion concerns from the Evergerand
Posted: October 20, 2021, 5:01 pm
September inflation rose marginally to 5% from 4.9% recorded in August, according to a new report from Stats SA.
Posted: October 20, 2021, 12:47 pm
Uganda overtook Vietnam to become the second-largest supplier of coffee to Italy for the first time this year.
Posted: October 20, 2021, 7:00 am
A unit of Credit Suisse Group AG is pleading guilty for its role in a fundraising scandal that looted money from Mozambique and tipped the country into economic crisis.
Posted: October 19, 2021, 8:22 pm
Minister of Trade, Industry and Competition Ebrahim Patel says R1.5 billion in support had been approved for businesses affected by July's looting.
Posted: October 19, 2021, 6:56 pm
South Africa is leading the race among the world’s biggest emitters to tackle the health risks posed by climate change, according to a new study.
Posted: October 19, 2021, 6:15 pm
Three employees of an Eskom-contracted company have been arrested for allegedly undertaking illegal electricity connections in Newcastle, the power utility said on Tuesday.
Posted: October 19, 2021, 5:30 pm
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