BUSINESS NEWS

Zimbabwe flagged as emerging junk food hotspot

Zimbabwe has been identified as a growing market for unhealthy processed foods and sugary drinks, with total sales estimated at US$623 million between 2021 and 2024, according to a new report by UNICE...

By Staff reporter | Published: 09 December 2025

AFRICA BUSINESS

South Africa still a junk economy

South Africa's gradual structural reforms are breathing life into the economy, but aren't sufficient to lift the growth rate to the government's 3.5% target, according to Moody's Ratings.Africa's lar...

By Staff reporter | Published: 15 October 2025

AFRICA BUSINESS

S&P Global downgrades SA to junk

Global ratings agency S&P Global Ratings on Friday evening downgraded South Africa's long-term local currency rating to 'BB+', or junk, from 'BBB-' with a stable outlook, while Moody's has placed ...

By Staff reporter | Published: 25 November 2017
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