South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher
President Cyril Ramaphosa says South Africa’s democracy must be measured by its ability to deliver real, material improvements in people’s lives
South Africa’s 32nd Freedom Day highlights both democratic gains and ongoing struggles with inequality, unemployment and poverty
South Africa’s forecourt sector is facing pressure as declining fuel demand, rising costs, and intensifying competition reshape the industry. Insights from the latest Forecourt…
A year after the president’s first State of the Nation address as the leader of a coalition government, performance has been good and bad
Isuzu Motors South Africa says high tariffs and cross-border costs make intra-African trade more expensive than exports beyond the continent, urging faster implementation of the…
The department of mineral and petroleum resources cited a stronger rand and lower international refined product costs
As world leaders convene for the High-Level Week of the UN General Assembly in New York, 11 of the world’s leading economists urge the recognition and upholding of the economic…
Water scarcity is the most pressing problem in developing a green hydrogen economy
There may not be an imminent threat of violence but we need to stabilise the course the country is on to prevent it in the future
The DA claims it was proven right to boycott the dialogue after Deputy President Paul Mashatile instructed ministers to attend the convention virtually
South Africa was forced into the energy transition by the electricity crisis, sparking a wave of private investment in renewables
It can rebuild the industrial base, create demand in the economy, diversify trade partnerships and deepen links with the continent’s regional trade networks, and, finally,…
Africa can take a leaf out of Japan’s book: power need not be a zero sum game; economic modernisation focused on diversification, domestication and indigenising modernity; to…
African Development Bank warns that economic growth could drop to 0.5% next year
Black economic empowerment has been transformative but it needs to be revisited to broaden its pool of beneficiaries
‘The new economic dispensation should match the aspiration for economic freedom and the fulfilment of the highest ideals of our democracy.’
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
April’s slight uptick suggests that the Reserve Bank will keep the benchmark repo rate at 7.5% next week
The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead