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SOUTH AFRICA
On October 9th, 2024, Minister of Home Affairs Leon Schreiber announced important changes to South Africa’s visa system.
South Africa is set to overhaul its restrictive visa regime in a bid to attract more skilled workers and tourists, marking a significant departure from past immigration policies that have faced criticism for being overly protectionist and xenophobic.
South Africa’s Johannesburg, ranked as the continent’s richest city due to its concentration of businesses and estimated 12, 300 millionaires, is facing a substantial infrastructure crisis.
The African Development Bank Group (AfDB) has approved a 25-year, $1 billion (ZAR 18.85 billion) loan to Transnet, South Africa's state-owned freight and logistics company, to support its recovery and growth, focusing on the rail and port sectors.
President of the Republic of South Africa, Cyril Ramaphosa says he will sustain a strategic partnership with Nigeria.
The cost of living is a critical factor for expats when choosing a city to relocate to, affecting their quality of life and financial stability.
As Africa continues to emerge as a hub of economic growth and innovation, the continent's wealth landscape is becoming increasingly prominent on the global stage.
Microsoft injects Fresh $70 Million in South Africa’s Small and Medium Businesses and prepare the country for AI transformation
MTN Group's service revenue from South Africa surpassed that of Nigeria, traditionally its largest market by revenue. South Africa's revenue increased modestly by 3%, reaching 10.4 billion rand in Q1 2024, up from 10.1 billion rand in Q1 2023.
Cape Town the second-largest city and legislative capital of South Africa has been ranked the second-best city in the world this year according to a survey of major world cities by Timeout, a global media and hospitality business.
Inflation in Key African Countries to Slow by Next Year but Remain High in Nigeria according to a Reuters poll
South Africa is on the hunt for minority investors and avenues to tap into capital markets and loan financing in a bid to accelerate the growth of South African Airways. This move comes in the wake of a failed equity deal.