Exporters celebrating a stronger naira and rand are looking at the wrong metric. The real danger lies in import cover.
The forecast for major African currencies heading into 2025 presents a mixed picture, with South Africa’s rand anticipated to perform well, while Nigeria’s naira may experience...
Africans at Work. PHOTO/Volkswagen South Africa (Bloomberg Businessweek)- South African vehicle sales growth will probably ease to the slowest pace since a 2009 recession this year...