Africa: Government Welcomes Continued Growth in South Africa's Economy
you are currently viewing::Africa: Government Welcomes Continued Growth in South Africa's EconomyMarch 10, 2026-Government has welcomed the latest data released by Statistics South Africa showing that South Africa's economy grew by 1.1% in 2025, with Gross Domestic Product (GDP) expanding by 0.4% in the fourth quarter. Fourth quarter performance, covering the period from October to December, marks the fifth consecutive quarter of economic growth, signalling continued resilience in the economy, despite a challenging global environment. On the production side, growth was largely driven by key service-related sectors, including finance, real estate and business services, as well as trade, catering and accommodation and personal services. Source: allafrica.com |
December 8, 2025-Amid growing investors confidence, the overall market capitalisation of listed securities on the Nigerian Exchange Limited (NGX), added N35.3 trillion Year-on-Year ((YoY) to N141.3 trillion as of November 2025 from N106.03 trillion it was in November 2024.
Listed securities on NGX include debt, stocks and Exchange Traded Fund (ETF).
December 2, 2025-The West African regional securities market is switching to T+2 settlement (second day after trading) with effect from the trading session this Thursday, 4 December. The move has been prepared by the Dépositaire Central / Banque de Règlement (DC/BR, central depository and settlement bank) and will take effect from Friday's trading on the Bourse Régionale des Valeurs Mobilières (BRVM).
December 1, 2025-The Intergovernmental Authority on Development (IGAD), in partnership with the African Development Bank Group (AfDB), recently launched a new multinational project to accelerate coordinated blue economy actions across the Horn of Africa.