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South Africa's consumer price inflation rose to 3.5% year-on-year in July, driven to its highest level since September 2024 by higher food and fuel prices though still within the central bank's...
The African fintech sector is experiencing rapid growth, driven by a combination of economic expansion, high demand for financial services and innovative solutions addressing longstanding gaps in...
The South African rand eased in muted early trade on Wednesday, before the release of local inflation data which will influence the central bank's thinking at its rate-setting meeting next month....
Steel and Engineering Industries Federation of Southern Africa (Seifsa) CEO-designate Tafadzwa Chibanguza says the prevailing uncertainty surrounding South Africa’s public procurement rules in...
Forestry, Fisheries and Environment Minister Dr Dion George has welcomed arrests of suspects linked to an international rhino horn syndicate, describing it as a decisive victory in the country’s...
South African banks have become more reluctant to lend as the threat of extreme weather events has heightened the risk of defaults, a study by the South African Reserve Bank showed on Monday. The...
Despite the immense uncertainty having been created by the US announcing impending import tariffs on South African goods earlier this year, the agriculture sector has recorded 26% higher exports...
Internet services company Google has announced the opening of applications for the 2025 Google for Startups Accelerator (GFSA) programme for South African founders. The programme will be a...
South African President Cyril Ramaphosa will hold talks with his Russian counterpart Vladimir Putin this week to discuss Moscow’s ongoing war on Ukraine and efforts to end it. Putin instigated...
Licensed electricity trader Energy Exchange of Southern Africa (EXSA) describes its recently concluded 15-year power purchase agreement (PPA) with Seriti Green as a major milestone in positioning...
One in three, or 32.9%, of adults in South Africa are unemployed, highlighting that the economy is suffocating under the weight of structural inefficiencies that reforms could fix, says business...
Headline consumer inflation is expected to rise slightly in coming months, but core inflation is anticipated to remain subdued, says consultancy EY. As South Africa navigates a path toward...
The South African rand was subdued in early trade on Monday, with the main focus this week on domestic inflation numbers, while investors also eyed geopolitical developments which could influence...
Climate change is not only an environmental issue; rather, economic and social issues are at the core of the energy transition the world and Africa are grappling with now and, if these issues are...
As the automotive industry starts to experience the negative effects of US import tariffs and a possible additional 10% import tariff on BRICS+ countries in future, Eastern Cape Premier Lubabalo...
The Public Investment Corporation (PIC) has called for more investment to bridge Africa’s infrastructure gap in its second research paper, titled ‘Using Listed and Unlisted Financial Instruments to...
South Africa’s economy probably expanded for a third successive quarter, buoyed by recoveries in the key manufacturing and mining sectors, although US tariffs now pose a fresh challenge to growth....
South Africa's rand firmed against a weaker dollar on Friday, helped by higher gold prices as worries over the United States' fiscal health sent investors into the safe-haven asset. At 0807 GMT,...
South Africa's government will release the preliminary findings of its review of steel tariffs next week, moving a step closer to protecting the local industry from increased imports. The review...
Following the diplomatic failures that have transpired between South Africa and the US over the past six months, along with the 30% tariffs imposed on South African exports to the US as of August...
Business Leadership South Africa (BLSA) has officially launched a free online platform that provides a regularly updated view of the progress, or otherwise, government is making in implementing...
The African Union (AU) has backed a campaign to end the use by governments and international organisations of the 16th-century Mercator map of the world in favour of one that more accurately...
The South African rand softened in early trade on Thursday, after a recovery rally in the past two sessions when the dollar weakened. At 0641 GMT the rand traded at 17.56 against the dollar, about...
President Cyril Ramaphosa, in his keynote address on Wednesday in Cape Town at the Africa Water Investment Summit, launched the Global Outlook Council on Water Investments, and welcomed...
The business climate has improved over the short term, between June and July, as well as over the medium term, from July 2024 to July this year, according to the South African Chamber of Commerce...
The Coega Development Corporation (Coega) and the Alfred Nzo Development Agency (Anda) have signed a landmark service level agreement (SLA) at Coega’s offices in East London, marking a significant...
The South African rand extended its gains in early trade on Wednesday, boosted by a weaker dollar ahead of the release of a domestic business confidence index and retail sales figures later in the...
JSE-listed integrated energy and chemicals company Sasol has announced that it expects its earnings per share (EPS) for the year ended June 30, to be more than 100% higher year-on-year, at between...
South Africa's unemployment rate worsened by 0.3 of a percentage point to 33.2% in the second quarter, compared with the unemployment rate of 32.9% reported for the first quarter of the year....
South Africa submitted a revised trade offer to the US on August 12, after its previous ‘Framework Agreement’ submitted in May failed to avert the institution of 30% ‘reciprocal tariffs’ on South...
The South African rand was steady in early trade on Tuesday before the release of domestic mining output and unemployment figures. At 0618 GMT, the rand traded at 17.74 against the dollar, about...
Financial services firm 27four and the Department of Trade, Industry and Competition (dtic) have reaffirmed their shared commitment to unlocking South Africa’s full economic potential through the...
The South African rand was weaker on Monday as better-than-expected domestic manufacturing data failed to offset trade concerns, with the country scrambling to secure a lower tariff rate on its...
The South African rand gained in early trade on Monday ahead of the release of domestic manufacturing data, while investors also kept a close eye on trade updates as the country scrambles to secure...
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...
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