Economic wrap-up of Southern Africa from 18 to 22 March 2024, written by the Pretoria Regional Economic Service

  • Botswana : S&P agency maintains BBB+ sovereign rating (S&P Global Ratings)
  • South Africa : Central Bank management team reappointed (Resbank)
  • Inflation rises slightly in February (StatsSA)
  • South Africa : Inflation rises slightly in February (StatsSA)
  • South Africa : Opening up Transnet's rail and port infrastructure to the private sector takes shape (BusinessDay)
  • South Africa : Gauteng province under water stress (Engineering News)
  • South Africa : Orange Marine ship sent to repair submarine cable cut that slowed internet traffic in sub-Saharan Africa (My BroadBand)
  • South Africa : Markus Jooste, former CEO of Steinhoff, commits suicide (Business Day)
  • Southern Africa : South Africa and Namibia plan to invest EUR 345m to upgrade their rail and port infrastructure (Nairametrics)
  • Zambia : The World Bank grants a USD 100 million subsidy for the energy sector (World Bank)
  • Zimbabwe : Sharp drop in Zimbabwe's maize harvest due to historic drought in southern Africa (Agence Ecofin)