Read the latest news from regional and global sources, presenting different voices and perspectives.
BREAKING | SARB cuts interest rates bringing joy for South Africans in debt
The South African
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July 31, 2025
The South African Reserve Bank (SARB) extended its longest easing cycle since 2019 with a 0.25% cut in the benchmark interest rate to 7% on Thursday, as the country braces for the economic impact of looming US trade tariffs. Governor Lesetja...
The African activists who challenged colonial-era slavery in Lagos and the Gold Coast
The Conversation
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July 31, 2025
When historians and the public think about the end of domestic slavery in west Africa, they often imagine colonial governors issuing decrees and missionaries working to end local traffic in enslaved people. Two of my recent publications tell...
How Diaspora Capital Can Drive Growth In Africa And The Caribbean
Forbes
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A customer makes a transaction at a kiosk beside an M-Pesa advertisement in Nairobi, Kenya. September 14, 2023. (Photo by Simon Maina/AFP via Getty Images) AFP via Getty Images In 2023, diaspora communities in Sub-Saharan Africa and the Caribbean...
Innovating stainless steel solutions across industries in South Africa
Engineering News
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Founded in 2010 with a strong vision to be a reliable, technically capable, and customer-focused supplier of stainless steel fasteners in South Africa, Fastenright has become a trusted partner across multiple industries – not only supplying...
ASR Africa Donates N250m Administrative Block to Al-Galam University in Katsina
This Day
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July 31, 2025
Francis Sardauna in Katsina The Abdul Samad Rabiu Africa Initiative (ASR Africa), through its Tertiary Education Grant Scheme (TEGs), has donated a state-of-the-art administrative block worth N250 million to Al-Qalam University in Katsina State....
Tanzania Blocks Foreigners from Operating Small Businesses
Africa.com
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July 31, 2025
Tanzania has introduced a wide-ranging ban preventing foreigners from engaging in 15 key small business sectors, aiming to protect local livelihoods and economically empower citizens. The new directive, signed by Industry and Trade Minister...
Nigeria’s pension fund assets hit N24.63 trillion in June 2025, driven by equities and FGN securities
Nairametrics
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July 31, 2025
Nigeria’s pension fund industry maintained its upward trajectory in June 2025, with total assets under management rising to N24.63 trillion, marking a 2.17% growth from N24.11 trillion in May 2025, and a robust 20.24% year-on-year increase. This...
SA’s rate cut: a move to boost the economy and property market
IOL
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The recent interest rate cut sends a strong signal to investors that South Africa is intent on driving economic growth despite global challenges. On Thursday, South African Reserve Bank governor Lesetja Kganyago announced that the Monetary Policy...
'Unwelcome': EAC PS protests Tanzania's new law blocking foreign traders
The Standard
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East African Community Affairs Principal Secretary Caroline Karugu. [Wilberforce Okwiri, Standard] Kenya has protested a new directive by Tanzania barring non-citizens from operating in several business sectors, warning it violates the East...
They Fled Communism. Now the Government Wants to Steal Their Property.
Townhall
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July 31, 2025
Two New Jersey residents have been locked in a protracted legal battle with the City of Perth Amboy, which is trying to seize their property through eminent domain for over a year. Honey Meerzon and Luis Romero are fighting to prevent the city...
Pilot uranium processing plant launched in Tanzania
World Nuclear News
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Thursday, 31 July 2025 The pilot uranium processing plant has been commissioned by Rosatom subsidiary Mantra Tanzania Ltd at the Mkuju River project in southern Tanzania. (Image: Rosatom) The plant, located at the Nyota deposit, will be used to...
Rosatom Launches Pilot Uranium Station Plant in Tanzania
Yemen News Agency SABA
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July 31, 2025
[Thu, 31 Jul 2025 15:45:20 +0300] Moscow - Saba: Russia's state nuclear corporation Rosatom announced the launch of a pilot uranium processing unit in Tanzania. Mantra Tanzania Limited (a subsidiary of Uranium One Group, a Rosatom subsidiary) said...
Types of South African income taxable for non-residents in 2025
IOL
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Following SARS’s recent changes to the 2025 tax return for non-residents earning South African-source income, more focus is being placed on the types of income taxable for individuals who are not tax residents in South Africa. IOL previously...
Growing African connections
Trinidad and Tobago Newsday
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July 31, 2025
Business Ryan Hamilton-Davis 11 Hrs Ago Michael Sudarkasa, CEO of Africa Business Group, speaks to Business Day at the Hyatt Regency, Port of Spain, on July 29. - Photo by Faith Ayoung FOR the past 23 years, the Trans-Atlantic Trade and Investment...
Lycopodium secures EPCM contract for Nyanzaga gold project in Tanzania
Yahoo Finance
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Lycopodium, an Australian Securities Exchange-listed company, has secured an engineering, procurement and construction management (EPCM) contract worth around A$48m ($30.9m) for the Nyanzaga gold project, owned by Perseus Mining. The Nyanzaga...
OPINION: Beyond The Podium: Investing In Nigeria’s Sporting Future
The Will
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July 31, 2025
July 31, (THEWILL) — The roar that erupted across Nigeria when the Super Falcons clinched the WAFCON title against Morocco was truly deafening. It was a moment of unadulterated joy, a testament to our women’s national team’s resilience, skill, and...
DRC hails Tanzania’s Kwala Dry Port as a game-changer for regional trade
The Citizen
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Dar es Salaam. The Deputy Prime Minister and Minister for Transport and Channels of Communication of the Democratic Republic of Congo (DRC), Mr Jean-Pierre Bemba, has applauded Tanzania’s transport infrastructure expansion, describing the newly...
Nestlé Nigeria swings to N37.2 billion Q2 profit as sales surge, finance costs plunge
Nairametrics
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July 31, 2025
Nestlé Nigeria Plc has delivered a strong turnaround in its Q2 2025 financial results, posting a pretax profit of N37.2 billion, a sharp rebound from the N56.4 billion loss recorded in the same period last year. The recovery momentum extends...
OYACA, NIESV partner to curb looted funds in real estate
The Guardian (Nigeria)
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July 30, 2025
In a move to clamp down on the laundering of illicit wealth through real estate, the Oyo State Anti-Corruption Agency (OYACA) has partnered with the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Oyo State branch. The partnership...
Angolan bishops appeal for restraint amid wave of vandalism in Luanda
Vatican News
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July 30, 2025
The bishops of the Episcopal Conference of Angola and São Tomé (CEAST) are following with concern the wave of vandalism in the Angolan capital, which has already resulted in five deaths and more than 1,000 arrests. By Vatican News Five people have...