Trade, Industry and Competition Minister Parks Tau has extended the deadline for the public to comment on the draft Transformation Fund concept document to May 28, from the original date of May 7.... 

The World Bank expects growth in sub-Saharan Africa, as well as South Africa, to rise in 2025 and further accelerate to 2027. But it is also warning of several downside risks, including restrictive... 

The World Bank Group has launched the next phase of its Private Sector Investment Lab, which will include an expanded membership of industry leaders with experience in generating jobs in developing... 

South Africa will not increase its value-added tax (VAT) from May 1, the finance ministry said on Thursday, after the proposed hike faced opposition from political parties and caused friction... 

The South African rand was marginally stronger in early trade on Thursday after the finance ministry said it was withdrawing a contentious increase in value-added tax (VAT) that was due to kick in... 

While the direct effects of US tariffs on sub-Saharan African trade were limited, the broader economic and political ramifications – through falling commodity prices, fiscal tightening and rising... 

In the wake of global finance organisation the International Monetary Fund (IMF) cutting its GDP growth forecast for South Africa this year to 1% from 1.5%, adding that it would reach a growth rate... 

The growing role of the private offtaker market in stimulating the South African wind sector has been highlighted in the latest 'Global Wind Report', which has been released by the Global Wind... 

South African inflation slowed to an almost five-year low in March, taking it below the floor of the central bank’s target range. The consumer price index rose 2.7% last month from a year earlier... 

The US and South Africa will hold a first round of bilateral talks this week after the Trump administration imposed tariffs on goods and amid frayed diplomatic ties, Business Day reported. South... 

A new survey of 1 477 business executives from 15 countries, including South Africa, indicates that corporates now overwhelmingly view the transition from fossil fuels to renewable electricity as... 

The International Monetary Fund sharply lowered its forecasts for world growth for this year and next, warning the outlook could deteriorate further as US President Donald Trump’s tariffs spark a... 

The Democratic Alliance said on Tuesday while it is not opposed to a workable Budget, it opposes an anti-growth, anti-jobs and anti-poor VAT-based Budget. DA spokesperson on Finance, Dr Mark Burke... 

Business Leadership South Africa CEO Busi Mavuso has expressed concern in her latest newsletter about South Africa’s automotive exports to the US, saying that, to forestall the impact of tariffs on... 

The South African rand firmed early on Tuesday, ahead of the release of a key economic indicator by the country's central bank. At 0636 GMT the rand traded at 18.70 against the dollar, roughly 0.3%... 

Global central banks will mostly stand ready for interest-rate cuts in coming months to cushion their economies from US President Donald Trump’s trade war. Despite flux in implementation, his... 

Investors have flocked to South Africa's domestic bond markets, betting the country can stay the course on reforms despite political fractures, but tariff threats and the prospect of a global... 

South Africa's finance minister has said that failing to raise the value-added tax rate from May would cause severe harm to state finances, court papers showed, after a stand-off over the proposal... 

Global economic growth is expected to be significantly and immediately curtailed as a result of the ongoing US trade actions, global advisory firm Oxford Economics warned in a recent webinar on... 

South Africa's rand weakened early on Thursday against a firmer dollar, as markets awaited information on US tariffs and local investors looked for news on the future of the coalition government.... 

Global growth is projected to slow to 2.3% this year, placing the world economy on a recessionary path owing to mounting threats, including trade policy shocks, financial volatility and a surge in... 

Following President Cyril Ramaphosa’s appointment of former Deputy Finance Minister Mcebisi Jonas as a special envoy to the US on April 14, public comments made by Jonas in 2020, in which he... 

Financial services provider Professional Provident Society (PPS) has allocated an all-time high R5.33-billion in profit-share to members in South Africa with qualifying life-risk products’ notional... 

As protectionism rises and global trade dynamics shift, Africa CEO Forum director Adrien Fielding asserts that a “new deal” must be struck between the public and private sectors in Africa. Speaking... 

The South African rand extended gains in early trade on Tuesday, bolstered by bets that the country's coalition government will remain intact despite disagreements over the budget. At 0725 GMT the... 

The African Private Capital Association (Avca) finds in its ‘2024 Venture Capital in Africa’ report that last year was challenging for African start-up companies, while the continent had also... 

President Cyril Ramaphosa on Monday announced former deputy finance minister Mcebisi Jonas as a special envoy to the United States. Jonas is currently independent non-executive chairman of... 

The South African rand strengthened on Monday, boosted by a news report that the country's biggest political party may back down on a plan to raise value-added tax (VAT) and dollar weakness on... 

Efforts to create a capable State will be in vain if South Africa does not have the systems available to support it, Business Leadership South Africa CEO Busisiwe Mavuso has said. In her weekly... 

President Cyril Ramaphosa said on Monday that trade between countries must remain “free, predictable and governed by a rules-based system”, particularly for developing economies, many of which he... 

President Cyril Ramaphosa has praised the Council for Scientific and Industrial Research (CSIR), an entity of the Department of Science, Technology and Innovation, for its commitment to excellence... 

Public Works and Infrastructure Minister Dean Macpherson has filed an answering affidavit opposing a court application by two entities, Black Forum South Africa (BFSA) and Izwi Labantu Forum (ILF),... 

A unit of FirstRand, South Africa’s biggest bank by market capitalisation, plans to set up private banking services in Ghana and bolster its offerings in four other markets to tap the continent’s... 

Since the Department of Public Works and Infrastructure (DPWI) hosted its Construction Summit on Crime-Free Construction Sites in November last year and key officials signed the Durban Declaration... 

In wishing the World Trade Organisation (WTO) well on its thirtieth anniversary, President Cyril Ramaphosa urged the body to uphold its aims to ensure smooth, predictable and free trade, amid what...