Economy

South Africa’s sugar farmers face a “double whammy” from cheap imports and US tariffs, which have been eating into their earnings. Nkosinathi Msweli’s sugarcane farm in KwaDukuza, a predominantly rural and…

Leading agricultural consultancy SovEcon has revised upwards its projection for Russian wheat exports during the 2025-26 marketing season. The firm now anticipates Russia to ship a robust 43.7 million metric tons…

The European Central Bank (ECB) is keeping its deposit rate at 2% for now, with policymakers signalling that the next step could be either a cut or a hike depending…

The Indian rupee edged higher on Wednesday, bucking the cautious mood in Asian markets, with traders pointing to fading bearish sentiment in the options space. The local unit was quoted…

Turkey’s inflation slowed slightly in August, but the figure came in higher than analysts expected, underscoring the challenge facing policymakers as they continue to balance monetary easing with political pressures.…

Global markets opened the week to a mix of political and financial headlines with Trump reigniting tariff tensions with India, US stock futures holding steady during the holiday, Alibaba rallying…

Greece’s recovery story has become a headline cliché in the past year.Government officials speak of a new era while analysts point to fiscal surpluses and rating upgrades. Tourism numbers keep…

Gazprom, Russia’s state-owned gas company, has agreed to a slight increase in gas supplies to China through an existing pipeline. Additionally, a memorandum was signed for the construction of the large-scale…

India’s banking sector is facing increasing strain from mounting exposure to state government bonds. Some of the country’s biggest lenders have informed the Reserve Bank of India (RBI) that their…