South Africa’s unemployment rate gets worse as over 300,000 people lose their jobs
The unemployment rate in South Africa has increased by 1.3 percentage points to 32.7% in the first quarter of 2026, as 301,000 people lost their jobs.
UK’s Starmer under pressure as ministers quit, MPs call on PM to go
Three ministers including Jess Phillips, a high-profile Labour politician, have quit in protest as Prime Minister Keir Starmer refuses to heed growing calls to resign.
First Mutual Properties eyes ZSE exit
First Mutual Properties plans to voluntarily delist from the Zimbabwe Stock Exchange (ZSE), marking a major shift for one of the country’s established property investment firms as it seeks greater flexibility outside public markets.
Proplastics weathers the storm as global tensions test resilience
The Q1 20206 trading update from Proplastics paints the picture of a company navigating a difficult operating environment while still delivering strong growth.
Firmer gold prices spur Caledonia, profits surge 69pct
Caledonia Mining Corporation Plc (Caledonia) recorded a profit after tax of US$18.91 million in first quarter of 2026, up 69.4 percent from US$11.16 million recorded same period prior year, driven by firmer gold prices.
Trump slams Iran proposal, Tehran says US demands “unreasonable”
US President Donald Trump has said the ceasefire with Iran is “on life support” after rejecting Tehran’s latest proposal to end the conflict, calling it “totally unacceptable”.
Zim month-on-month USD inflation jumps to 1.06pct in April
Zimbabwe’s month-on-month US dollar inflation increased to 1.06 percent in April 2026, according to the Reserve Bank of Zimbabwe, up from March’s 0.5 percent, driven mainly by fuel price hikes.
Zim govt increases LPG prices
The Zimbabwe Energy Regulatory Authority (Zera) has increased LPG prices for May to US$1,95 per kg (ZWG46,89) from US$1,85 in April 2026.
Africa’s second richest country activates $1M golden visa, targets high-net-worth individuals
Mauritius, Africa’s second wealthiest and most peaceful country, has officially launched its highly anticipated $1 million Golden Visa program, aimed at attracting high-net-worth individuals (HNWIs) from around the world.
Fidelity seeks new markets, targets marginalised sectors
Fidelity Life Assurance (Fidelity) is positioning itself to tap into underserved and marginalised sectors of the economy as it moves grow its customer base and strengthen long-term profitability.