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State-owned Transnet has reported a 1.5% year-on-year improvement in the total rail volumes reaching 151.7-million tonnes at the end of March 2024, showcasing improvement in operational...
South Africa's central bank is now predicted to deliver only 50 basis points of interest rate cuts this year, less than earlier projected as inflation is seen taking slightly longer to return to...
South Africa's headline consumer inflation fell to 5.3% year on year in March from 5.6% in February, statistics agency data showed on Wednesday. Analysts polled by Reuters had forecast that...
The International Monetary Fund’s (IMF’s) Fiscal Transparency Evaluation Report has placed South Africa in the top three countries in terms of transparent fiscal practices, which National Treasury...
A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can...
The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded...
South Africa's central bank kept its key interest rate unchanged at 8.25% on Wednesday, saying that on balance risks to the inflation outlook were skewed to the upside. It was the fifth meeting in...
Trade credit insurance company Allianz Trade has released its latest ‘Global Insolvency Report’, unveiling updated forecasts for 2024 and 2025. According to Allianz, global insolvencies are set to...
South Africa's headline consumer inflation quickened to 5.3% year on year in January from 5.1% in December, data showed on Wednesday. Key contributors to the annual inflation rate included food,...
While aggregate production in the South African metals and engineering sector increased by 1.7% last year, which is slightly higher than the 1.5% increase in 2022, it remains 18% below where it was...
Africa's economic growth fell to 3.2% last year from 4.1% in 2022, the African Development Bank said on Friday, but it projected higher growth this year for all regions except central Africa. The...
Energy and chemicals company Sasol has attributed its “underwhelming” upcoming financial results for the six months ended December 31, 2023, to continued volatility in the macroeconomic...
The South African Chamber of Commerce and Industry (Sacci) has revealed that its business confidence index (BCI) for December last year reached a notable 112.1, marking the second-highest level for...
Both 93 and 95 unleaded petrol (ULP) and lead replacement petrol (LRP) are going to cost an additional 75c/ℓ from February 7. The cost of diesel is also going to increase. For 0.05% sulphur diesel,...
According to the latest ‘2023 Global Entrepreneurship Monitor South Africa’ (GEM SA) report, released on February 1, South Africa’s early-stage entrepreneurial activity has declined to below...
Global emissions, which are continuing to rise by 1.5% a year, must be cut by 7% every year until 2030 to limit global warming to 1.5 °C, as agreed by countries that signed the Paris Agreement in...
Financial institution Absa’s Purchasing Managers’ Index (PMI) closed out 2023 on a somewhat stronger footing, rising by 2.7 points to 50.9 index points in December. Absa said on January 8 that...
A new report titled 'Macroeconomic and Developmental Impacts of Selected Basic Income Grant (BIG) Pathways for South Africa' by Applied Development Research Solution (ADRS) and the Institute for...
South Africa’s National Research Foundation (NRF) CEO Professor Fulufhelo Nelwamondo on Friday stressed the vulnerability of African youth in terms of their well-being, as he announced the launch...
This year’s Conference of the Parties to the United Nations Framework Convention on Climate Change, referred to globally as COP 28 and being held from November 30 to December 12 in Dubai in the...
The world needs to reduce its emissions by 70% a year until 2030 in order to reach the goal of keeping the global temperature increase to 1.5 °C above preindustrial levels, but global emissions...
According to a new global insolvency report published by credit insurer Allianz Trade, operating in South Africa through the Allianz Commercial licence, economic resilience has been tested and...
A lack of critical skills is holding back the South African economy, Business Leadership South Africa (BLSA) CEO Busi Mavuso has said, adding that the country is not solving the problem as fast as...
South Africa's economic growth is projected to decelerate from 1.9% in 2022 to 0.4% this year, before picking up to 1.3% in 2024, according to data and analytics company GlobalData. This comes as...
South African Finance Minister Enoch Godongwana is in a bind as he reworks the nation’s budget in the face of lower-than-expected tax revenue and pressure from the ruling party to bolster...
Annual consumer price inflation ticked up to 5.4% in September from 4.8% in August, the second consecutive increase. It was in line with economists' expectations. The main contributors to the...
South Africa is set to briefly overtake Nigeria and Egypt as the continent’s largest economy next year, International Monetary Fund forecasts show. The IMF’s World Economic Outlook envisions South...
The South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) continues to “lack substantial upward momentum”, the chamber said on October 12, reporting that the index...
September reflected another month of weakened economic activity in South Africa, indicating bleak prospects for the economy’s growth in the third quarter, automated clearing house BankservAfrica’s...
Stellenbosch University expert Professor Geo Quinot noted on Wednesday that with public procurement being susceptible to corruption, with large sums of money involved, pressure must continue to be...
The revenue for cement manufacturer PPC’s South Africa and Botswana divisions for the five months ended August 31 increased by 5% year-on-year, the company reported in an operating update on...
Annual consumer price inflation picked up slightly to 4.8% in August from 4.7% in July - the first increase in four months. After many months of big hikes, some food prices started to fall, but...
Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the dollar, needed to pay for imports. This shortage has been caused by the...
The negative impact on the South African economy caused by substituting local cement production with imported cement was highlighted in a report released by cement manufacturer PPC in conjunction...
In a stark assessment of South Africa's economic performance Centre for African Management and Markets (CAMM) founding director and Gordon Institute of Business Science (GIBS) economics lecturer Dr...
Nonprofit organisation Just Share has released the results of a study assessing gender equality at board and executive level at the JSE Top 40. “While women make up 46% of South Africa’s...
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