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SOUTH AFRICA
Nigeria is projected to slip to the fourth largest economy in Africa in 2024, behind South Africa, Egypt, and Algeria, according to IMF forecasts for April 2024.
Volkswagen set to spend $200 million on its south african plant in preparation for the production of a new brand of SUV in 2027
South Africa’s ecommerce sector is expected to exceed USD21 billion by 2025, with more than one billion transactions per year.
South African Health Products Regulatory Authority has announced the recall of batches of Johnson & Johnson's children's cough syrup due to elevated levels of diethylene glycol, a toxic substance.
South Africa’s consumer inflation increased for the second time in a row in February, inching closer to the Central Bank’s upper target. Economists in the country stated this could imply longer waits for rate cuts.
The 2025 Mandela Rhodes Foundation (MRF) Postgraduate Scholarships is currently accepting applications for a fully-funded one-year Honors degree or a two-year Master's degree in any course of study at an accredited university in South Africa.
South Africa, regarded as a leading rail market on the African continent, is contemplating exploring the prospect of private sector involvement in its state-dominated rail industry.
South Africa is poised to lead the way in cryptocurrency regulation by licensing approximately 60 digital-asset platforms by the end of the month, positioning itself as one of the first nations on the continent to mandate permits for crypto exchanges.
Namibia and South Africa are set to launch transport infrastructure projects worth over $377 million over the next three years.
South Africa has introduced a proposed digital nomad visa program for remote workers. The proposed visa is designed for remote workers.
The President of South Africa, Cyril Ramaphosa, has declared that the country’s national election will take place on May 29, 2024.
The World Bank has stated that weaknesses in Sub-Saharan Africa’s biggest economies Nigeria, South Africa and Angola will limit the region’s growth in 2024.