Business and Finance

In a decisive move to reshape the apparel market, the Ministry of Industry and Commerce has enacted a formal ban on importing second-hand clothing, tightening entry rules for these goods with permits now issued only under stringent conditions. The step comes amid ongoing concerns about the country’s fragile clothing value chain and the pressure it faces from cheaper, imported stock. Marketers have questioned the timing, warning that while the policy is billed as a lifeline for local manufacturers, it should be calibrated to…

France has revoked South Africa’s invitation to the forthcoming G7 summit, removing Pretoria from the guest list for the high-profile gathering. Paris rejected early claims that Washington had pushed for the exclusion, and South African President Cyril Ramaphosa likewise dismissed suggestions of U.S. pressure. South Africa, not a G7 member, had been slated to attend as an observer. French officials said they were pursuing a “streamlined G7” and have invited Kenya instead, citing its role in helping France prepare a major…

In a significant move towards enhancing its digital landscape, Burkina Faso is prioritizing local languages in its Artificial Intelligence development strategy, underscoring a commitment to digital sovereignty. The initiative was unveiled in Ouagadougou during an event hosted by the Ministry of Digital Transition. Officials introduced a program focused on formalizing local languages and establishing a "comprehensive data corpus for Large Language Models." This session gathered an array of stakeholders—including…

Namibia has shut the door on Elon Musk’s satellite internet venture, Starlink, denying its bid to secure a local licence. The Communications Regulatory Authority of Namibia (CRAN) turned down the application on the grounds that the company failed to meet the country’s local ownership requirements. Under Namibian law, at least 51% of any telecommunications provider must be held by citizens or locally owned entities. While Starlink’s network now spans roughly 25 African nations, it has hit similar regulatory roadblocks…

Access to safe water is transformative for communities, enhancing health, boosting agricultural productivity, and providing women and girls with the precious time needed to focus on education, careers, and leadership roles. This year, World Water Day emphasizes this critical connection with the theme, "Where water flows, equality grows," drawing attention to the essential relationship between water security and gender equality. More on the AfDB AllAfrica page.

In response to ongoing global fuel shortages, the South African government is engaging in discussions with Nigeria to establish a 12-month fuel agreement. This move reflects the urgency among African nations to secure necessary supplies. Meanwhile, the National Taxi Council has issued a warning that taxi fares could increase if the escalating conflict in the Middle East continues to drive fuel prices higher within South Africa.

Hospitals across Zimbabwe were thrown into turmoil as nurses walked off the job, leaving wards understaffed and patients without care, in a push for higher wages and allowances. At Parirenyatwa hospital, operations slowed to a near standstill, with student nurses drafted into critical units to keep services running. The walkout erupted just days after a similar action at Sally Mugabe Central Hospital. Nurses said their frustrations have intensified following recent fuel price hikes that have sent transport costs soaring.…

The Conversation Africa reached out to five academic experts from Nigeria, South Africa, Senegal, Kenya, and Ethiopia to explore the pressing issue: Is the recent surge in oil prices negatively impacting your nation's economy? Across the board, their responses echoed a shared sentiment...

At least 132 people have died and dozens more were injured as heavy rains continue to batter large parts of Zimbabwe, the Department of Civil Protection said in its latest report.

South Africa faces April 2026 hikes in electricity tariffs and fuel prices, adding pressure on households Electricity tariffs and fuel prices in South Africa are expected to rise in April 2026, with per‑litre fuel costs potentially increasing by up to R5, though final figures have not been confirmed. Electricity tariffs and fuel prices were expected to increase in April 2026, with the per‑litre rise at the pump possibly reaching as high as R5, a development that would further stretch household budgets. The anticipated…