South African clothing factories struggle after migrant workers flee
Reuters visited three factories in late July whose owners said they had lost between 12% and 19% of their workforce during the protests.
August 6, 2026
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AfCFTA, Bergmans in $3.1bn Deal to Digitise Customs Across Africa
The 20-year concession agreement covers the AfCFTA Customs Modernisation Project, which will see the deployment of digital technology to customs administrations across African countries.
NDIC begins paying depositors of 46 closed microfinance banks
“Payments are ongoing, and over 700,000 Heritage Bank customers have already received their insured funds through BVN-linked accounts.
Naira Exchange Rates Thursday, August 5
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,420 Sell ₦1,425 GREAT BRITISH POUND (GBP) Buy ₦1,900 Sell: ₦1,915 EURO (EUR) Buy ₦1,585 Sell ₦1,600 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy…