Africa ETP News
you are currently viewing::South African business confidence edges up in May after April slumpJune 11, 2026--South African business confidence remained largely unchanged in the third quarter of 2026, data showed on Wednesday, as companies await favourable conditions against the backdrop of geopolitical uncertainties stemming from the Iran war. The South African Chamber of Commerce and Industry's Business Confidence Index (ZABCI=ECI), opens new tab rose to 124.1 in May from 123.6 in April. It stood at 131.3 in March. The chamber, which releases the index every two months, said the modest recovery in May suggested some of the negative sentiment triggered by the global surge in energy prices had begun to subside. It said gains were driven mainly by higher new vehicle sales and stronger merchandise export volumes, with imports also contributing to a lesser extent. Source: reuters.com |
Africa Can Grow Faster With AI-If It Moves Now
July 21, 2026--Artificial intelligence can boost productivity, create better jobs, and improve public services in sub-Saharan Africa, but realizing these gains will require reliable power, affordable internet, stronger skills, and rules people trust
A farmer in Kenya gets weather and planting advice on a basic phone. A teacher in Nigeria uses a chatbot to help students catch up in math. South Africa's revenue authority uses data analytics to better target tax audits. These are not futuristic examples from Silicon Valley.
South African business confidence edges up in May after April slump
June 30, 2026--In May the Johannesburg Stock Exchange (JSE) announced new rules designed to ensure more stringent oversight of how brokers and trading firms deploy "algo-trading" techniques on the exchange.
