The NPA is close to making a decision on possible charges in a probe involving SA Steel Mills and allegations of questionable cross-border transactions linked to the company
South Africans could face rising living and borrowing costs after inflation accelerated to 4% in April, with economists warning that fuel-driven global price shocks — not…
Allegations of governance failures have emerged over the IDC’s involvement in a R2.1bn Club Med Tinley leisure development
With a review imminent, the country faces more than the risk of remaining greylisted. Outdated, costly global money transfers are undermining competitiveness, increasing trade…
With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target range — to spur economic growth
Economists are also watching out for whether the central bank will adjust the target for inflation, which for now remains within a 3-6% target band
The Reserve Bank’s plan to narrow the inflation target to 3% for stability, lower costs and growth should be positive for households and businesses
The brother of former president Thabo Mbeki said the power of the ruling middle class must be diluted by the poor, the working class and property owners
The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy
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 central bank has maintained price stability but needs to focus on growth given the high unemployment rate.
The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead
The technology’s unalterable digital trail would reduce fiscal leaks and prevent large-scale corruption draining the public purse
There are alternatives which don’t add to the financial burden of citizens and which are better for fiscal sustainability
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front
The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation
The South African Reserve Bank has warned of an upside risk to the inflation outlook
This was despite the central bank highlighting upside risks to the inflation outlook
The SOC will be at the high court on Thursday to oppose an application for its liquidation