South Africa’s gross domestic product (GDP) increased by 0,5% in the third quarter of 2025, following a 0,9% rise in the second quarter, Statistics South Africa reported. Growth was supported by mining, trade, government services, and household spending, while electricity, gas, and water production declined. By sector, trade, catering, and accommodation expanded by 1,0%, with wholesale and retail trade, motor trade, accommodation, and food and beverage services contributing to growth. Mining and quarrying rose by 2,3%, mainly due to platinum…

Egypt’s trade with the G20 countries climbed to US$70.4 billion in the first nine months of 2025, marking a 14.1 per cent year-on-year increase, according to new data released by the Central Agency for Public Mobilisation and Statistics. The update comes as the G20 Summit ended in Johannesburg, where Egypt was represented by Prime Minister Mostafa Madbouly. The figures highlight expanding economic engagement between Egypt and the world’s largest economies. Egyptian exports to G20 partners reached US$15.7 billion, up 10.6…

South Africa’s 2025 citrus export season has officially concluded, as reported by the Russia-South Africa Business Council, a partner of TV BRICS. South Africa remains one of Russia’s leading suppliers of fresh fruit, alongside Egypt. Owing to complementary harvesting seasons and South Africa’s varied climatic zones, these imports do not compete with Russian domestic production. Instead, they ensure that consumers across the Russian Federation have year-round access to fruit. Citrus – unproduced in Russia – accounts for a major share…

Anglo American has announced a partnership with the United Kingdom’s Foreign, Commonwealth and Development Office to support inclusive growth and sustainable development in South Africa through the company’s Impact Finance Network. This was announced in a press statement on Friday. The Impact Finance Network is an Anglo-American programme that provides long-term support to local businesses, helping them access the capital needed to scale and deliver social and environmental impact in the regions where the company operates. Starting in January 2026,…

Citrus exports from South Africa reached record levels in 2025, increasing by 22 per cent compared with the previous season. The figures were reported by MENA, a TV BRICS partner, citing the Citrus Growers’ Association of Southern Africa (CGA). The total export volume amounted to 203.4 million cartons, each weighing 15 kg. The growth in yield was attributed to favourable weather conditions, the commissioning of new fruit-bearing orchards, and improved farming efficiency in water management and pest control. The report…

Maputo — The Chairperson of Mozambique’s Confederation of Economic Associations (CTA), Álvaro Massingue, has called for an urgent fiscal reform to ease what he described as the strangulation of the country’s economy and business environment caused by excessive taxation. “Our tax system is heavy, complex and ill-suited to an economy that seeks to compete. We need an intelligent, predictable and fair tax reform that broadens the tax base and stimulates productive investment,” said Massingue during the opening of the 20th…

If there’s one meat dish Ugandan people really enjoy, that’s goat meat. Across the country in restaurants, bars and clubs, the aroma of roasted goat meat wafts enticingly, attracting people at all hours of the day and night.  “In Kampala City, over 1,000 goats are consumed every day. Farmers in Uganda cannot supply enough goats. Some are imported from neighbouring countries, including Tanzania, the Democratic Republic of the Congo and Kenya,” said Gerald Sebalu, who owns five goat roasting eateries…

CAPE TOWN, Oct. 27 (Xinhua) — Chinese automaker Jetour launched its new T-Series SUVs on Friday evening at the Grand Parade in Cape Town, drawing strong interest from consumers and underscoring the growing popularity of Chinese car brands in South Africa. The event, attended by hundreds of representatives from local media, dealerships, business partners and communities, introduced Jetour’s T1 and T2 models. The vehicles will go on sale in mid-November through more than 55 dealerships across Southern Africa. Founded in…

MAPUTO, Oct. 4 (Xinhua) — The Coral North Floating Liquefied Natural Gas (FLNG) project in Mozambique reached its Final Investment Decision (FID) on Thursday, with a signing ceremony held in the capital, Maputo. The multi-billion-dollar project is jointly developed by Italy’s Eni Group, China National Petroleum Corporation (CNPC), Mozambique’s national oil company ENH, Korea Gas Corporation, and XRG, a subsidiary of Abu Dhabi National Oil Company. Located in the ultra-deep waters off Cabo Delgado Province in northern Mozambique, within Area…

Initiatives launched in Ethiopia over the past three years to boost cotton productivity and quality have significantly increased foreign currency earnings while also meeting domestic consumption needs, according to the Ministry of Agriculture. By focusing on modern farming techniques, the government has positioned cotton as a dual contributor to the economy, underpinning local industries while generating vital export revenue. The country has an estimated three million hectares of land suitable for cotton cultivation, offering considerable room for sectoral growth, according…