Fitch revises Nigeria’s outlook to positive as economic reforms strengthen resilience
Fitch Ratings has revised Nigeria’s sovereign credit outlook from stable to positive, citing improvements in foreign ...
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Tag: foreign exchange reserves
Namibia Keeps Repo Rate at 6.75% as Economic Pressures Persist
The Bank of Namibia has kept its benchmark repo rate unchanged at 6.75 percent, maintaining a ...
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Tanzania Strengthens Foreign Exchange Reserves with 28 Tonnes of Gold Purchases
The Bank of Tanzania has accumulated approximately 28 tonnes of gold over the past 18 months ...
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Kenya’s foreign exchange reserves reach record US$14 billion as external buffers strengthen
Kenya’s foreign exchange reserves have climbed to a record high of approximately US$14 billion, reinforcing the ...
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South African Financial System Remains Resilient Despite Global Shocks
South Africa’s financial system is expected to remain resilient despite mounting global economic uncertainties arising from ...
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Egypt Remittances Climb to 29.4 Billion US Dollars in Eight Months
Remittances sent by Egyptians living abroad have risen sharply during the current fiscal cycle, underscoring their ...
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Namibia Central Bank Moves to Bolster Reserves Through Domestic Gold Purchase Agreement
Namibia’s central bank has entered into a gold purchase agreement with QKR Namibia Navachab Gold Mine, ...
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Falling Cocoa and Oil Prices Weigh on Central Africa’s Export Outlook
Export earnings across Central Africa came under renewed pressure in the final quarter of 2025, as ...
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Botswana Accelerates Pula Depreciation as Economic Strain from Diamond Sector Slump Deepens
Botswana, long regarded as a bastion of macroeconomic stability in sub-Saharan Africa, has announced a strategic ...
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Trump’s Global Tariffs: The Economic Fallout for Africa
On 2 April 2025, President Donald J. Trump declared a national emergency, invoking the International Emergency ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.