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South Africa's central bank believes US tariffs will only have a modest impact on the country's economic growth while leaving its inflation levels broadly unchanged, its governor said on Friday. US...
South African Reserve Bank Governor Lesetja Kganyago said inflation is expected to quicken over the next couple of months before cooling and that if it holds at current levels its forecasts predict...
The South African rand weakened in early trade on Friday, as investors awaited details of President Cyril Ramaphosa's telephone call with his US counterpart President Donald Trump on bilateral...
Engineering News editor Terence Creamer discusses the coming into force of the 30% reciprocal tariffs imposed on South African exports to the US and how government and businesses plan to navigate...
Goods that are produced locally using locally sourced materials are likely to have higher production costs. This has a bearing on taxation and, if goods are to be sourced locally, there needs to be...
The South African government will on Monday August 11 unveil the support measures for companies and workers affected by the imposition of 30% reciprocal tariffs by the US on South African exports...
More detailed discussions will take place between South African and US trade negotiating teams, following a telephone discussion between President Cyril Ramaphosa and US President Donald Trump on...
Outgoing African Development Bank (AfDB) president, Dr Akinwumi Adesina, has highlighted the successes of the institution. His term of office ends on September 1. The bank has maintained a AAA...
The South African rand was steady in early trade on Wednesday, with investor focus still pinned on tariff updates before Washington's deadline. At 0724 GMT, the rand traded at 17.88 against the...
Mineral and Petroleum Resources Minister Gwede Mantashe has said the 30% tariffs imposed on South African exports to the US are a form of death throes aggression, alleging that it is a desperate...
Digital bank TymeBank says various international and local factors are affecting South African small- and medium-sized enterprises (SMEs) in both positive and negative ways. Ahead of more economic...
Market research and financial intelligence company S&P Global's South Africa Purchasing Managers’ Index (PMI) rose to 50.3 in July from 50.1 in June, signalling a slightly stronger, but marginal...
As contributors to South Africa’s beer value chain, small retail businesses across South Africa play an important role for the local economy, enabling job creation, supporting township and rural...
The 30% tariff on South African exports to the US is expected to have a significant and multidimensional impact on the South African metals and engineering sector, Steel and Engineering Industries...
South Africa will seek jail time, fines and higher taxes for breaches of proposed rules to govern carbon emissions that will apply to almost all sectors of the economy. The proposed regulations,...
Trade, Industry and Competition Minister Parks Tau will present Cabinet with a proposed support package for South African companies and workers that will be negatively affected by the 30%...
All channels of communication remain open to engage with the US, President Cyril Ramaphosa writes in his weekly newsletter, published days after President Donald Trump confirmed that reciprocal...
The National Treasury has published two documents on enhancing South Africa’s approach to disaster risk insurance by better using private sector participation. The documents comprise a disaster...
More than half South Africa’s small businesses don’t expect to survive for more than a year, a survey backed by lender Absa Group found. Some 53% of the 1 600 entities canvassed for the inaugural...
US President Donald Trump's latest wave of tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, sent global markets tumbling on Friday as countries pushed...
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) edged above the 50-point mark and recorded an expansion for the first time in nine months, increasing by 2.3 points to 50.8 in July,...
The Democratic Alliance said on Friday that it is disappointed with Trade, Industry and Competition Minister Parks Tau and Minister of International Relations and Cooperation Ronald Lamola for...
South Africa faces a 30% tariff on its exports to the United States starting next week, a move expected to cost tens of thousands of jobs after the country failed to secure a trade deal before a...
The Department of Trade, Industry and Competition (dtic) on July 31 announced the launch of an Export Support Desk to serve as a direct point of contact for companies affected by the imminent 30%...
Steelmaker ArcelorMittal South Africa (AMSA) is effectively putting its ambitious decarbonisation plans on hiatus while it figures out how to navigate the crisis surrounding the impending closure...
South Africa's central bank cut its key interest rate by 25 basis points to 7.00% on Thursday and said it would now aim for the bottom of its inflation target range. The rate cut was in line with...
The National Treasury has confirmed that it will inject 20% of the $500-million initial funding required to set up the Credit Guarantee Vehicle (CGV) being established to derisk South African...
The US urged South Africa to improve its trade offer as Pretoria waits to hear what tariff US President Donald Trump will impose on its exports to the world’s largest economy. South Africa hopes to...
South African food inflation accelerated again in June, in both year-on-year and month-on-month terms, the Bureau for Food and Agricultural (BFAP) think tank has highlighted in its latest “Food...
Following concerns of widespread governance failures in the sector education and training authorities and the lack of action on forensic reports, the Organisation Undoing Tax Abuse has requested a...
The South African Reserve Bank (SARB) is poised to extend its longest easing cycle since 2019 on the eve of stiffer US trade tariffs, which are likely to weigh on the country’s already sluggish...
The looming global food crisis is not hypothetical but a reality that needs to be urgently addressed, B20 Sustainable Food Systems and Agriculture Task Force chairperson Debra Mallowah has said....
After months of back and forth, the National Council of Provinces will send the 2025 Appropriation Bill to President Cyril Ramaphosa for assent, with only the Economic Freedom Fighters and the...
The top ten finalists for the 2025 FNF GreenPitch Challenge have been selected from more than 200 entries representing various green economy investment opportunity sectors, including the circular...
South Africa's rand was flat in early trade on Wednesday, with mounting pressure on the country to ink a trade pact with the United States before Washington's August 1 deadline. At 0705 GMT the...
US President Donald Trump said on Tuesday he might skip the upcoming Group of 20 leaders' summit in South Africa in November and send someone else to represent the United States, citing his...
Public Works and Infrastructure Minister Dean Macpherson on July 29 released the findings of an independent forensic investigation undertaken by PwC into the over R800-million Pressure Swing...
Trade, Industry and Competition Minister Parks Tau says a reset in South Africa’s trade relations with the US is unavoidable, but has also reiterated the country’s stance that negotiations remain...
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