G20 finance chiefs back central banks' independence in communique

STORY: Finance chiefs from the Group of 20 countries stressed the importance of central bank independence in a communique issued on Friday after a two-day meeting in South Africa. It was an issue that hung heavily over the meeting following U.S. President …

Treasury on Third Meeting of G20 Finance Ministers and Central Bank Governors

The Third Meeting of the G20 Finance Ministers and Central Bank Governors (FMCBG) took place on 17 and 18 July 2025 in  urban, KwaZulu-Natal, South Africa to advance the theme of “Solidarity, Equality, Sustainability.” The National Treasury and the South …

What future for South Africa’s Tripartite Alliance?

SACP General Secretary Solly Mapaila speaks at a party congress held in Boksburg, east of Johannesburg. | Photo via SACP Deeming the African National Congress’s electoral strategies as beyond the pale, the South African Communist Party has committed itself …

With SAGLEV’s Launch of MHERO 917 EV SUV, Africa’s Electric Revolution Takes Root in Nigeria 

Bennett  Oghifo SAGLEV Electromobility Company Limited has officially launched its flagship full-size luxury EV, the MHERO 917. The MHero 917, manufactured by the Dongfeng Motor Corporation, is one of the electric vehicles assembled by SAGLEV at its plant …

G20 finance chiefs agree on need for central bank autonomy

Finance chiefs from the Group of 20 emphasized the importance of central bank independence in a joint statement issued after a two-day meeting in Durban, South Africa. The ministers and central bank governors pledged to continue data-driven policymaking …

Somalia Central Bank Governor eyes growth, inflation & shilling return

In an exclusive interview with CNBC Africa, Abdirahman Mohamed Abdullahi, the Governor of the Central Bank of Somalia, laid out an ambitious roadmap to bolster the country's economic growth through strategic monetary reforms and innovative financial …

US Tariffs Spur Africa To Fast-Track Free Trade Deal

Home Africa US Tariffs Spur Africa To Fast-Track Free Trade Deal G20 finance chiefs meeting in Durban this week, under South Africa's presidency, have trade high on the agenda. Amid rising concerns over steep US tariffs, African leaders are stepping up …

Finance leaders stress need for central-bank independence, co-operation at G20 meeting

Open this photo in gallery:Canadian Finance Minister Francois-Philippe Champagne speaks at the G20 meeting in Durban, South Africa on Thursday.RAJESH JANTILAL/AFP/Getty Images Finance chiefs from the Group of 20 countries stressed the importance of …

G20 finance chiefs agree communique stressing importance of central bank independence

Finance leaders from the Group of Twenty (G20) countries agreed a final communique on Friday that stressed the importance of central bank independence following a two-day meeting in Durban, South Africa. “Central banks are strongly committed to ensuring …

French military withdrawals in west and central Africa