CNBC Marathon examines multiple factors that cause economic struggle within various U.S. cities. Spending cuts are abound in ...

Zimbabwe’s inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing prices. In dollar terms inflation accelerated to 14.6% year on year after ...

South Africa’s statistics agency has updated its consumer inflation basket for the first time since 2022, including items like rosé wine, air fryers and streaming services to reflect changes in ...

The Central Bank of Nigeria has set a January 31, 2025, deadline for participants in the foreign exchange market to submit a compliance report on adherence to the FX Code. Dipo Ajayi, Head of Fixed ...

Chinese artificial intelligence startup DeepSeek could face curbs from the U.S. government as it upends the U.S. AI ecosystem ...

South African upmarket retailer Woolworths Holdings warned of a decline of up to 27% in its first-half profit on Tuesday due to weaker-than-expected performances in its clothing businesses at home and ...

Shoprite Holdings SHPJ.J, South Africa’s biggest supermarket retailer, said on Tuesday its half-year sales from continuing operations grew by 9.6%, as both upmarket and discount customers stocked up ...

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. GLOBAL MARKETS U.S. stock futures ...

Tiger Brands, South Africa’s biggest food producer, said on Tuesday it would sell its 24.4% stake in food producer Empresas Carozzi back to Chilean parent Carozzi for $240 million to focus on its ...