While politicians focus on secret deals, key posts go unfilled, crisis warnings are ignored, and corruption rules at all levels.
South Africa prides itself on punching above its weight in the international arena. One measure of the disparity between the country and the global players it interacts with emerged last week, with the creation of the New
While the minister’s speech was overtly electioneering ahead of the polls, an expert said the numbers were not.
Economists are divided on the credibility of the growth forecasts made in Pravin Gordhan’s Budget.
A golden thread of sound financial planning has run through the 20 national Budgets since the transition to democracy in April 1994.
SA is now officially at the start of a gradual rate tightening cycle that may last three to four years, according to Paul Stewart of Grindrod Asset Management.
In February 1992, Nelson Mandela made a pivotal decision on the type of economic policy the ANC would promote.
The rand tumbled on Tuesday on news that the gap between income from exports of goods and services and the country’s import bill widened sharply to 6. 8 percent of gross domestic product in the third quarter.
South Africa’s trade data looked much healthier on Friday after the SA Revenue Service (Sars) added more detailed information to its month-end report – but the figures remain disappointing.
Credit data from the Reserve Bank on Friday confirmed that the sluggish domestic economy is showing no sign of an early recovery.
Strikes in the third quarter contributed to a contraction in South Africa’s economic growth.
Rate hikes are on the table, according to Reserve Bank governor Gill Marcus.
The gap between South Africa’s revenue from exports and the cost of its imports remained alarmingly high in September.
The latest data on state income and spending, released on Wednesday, showed that government revenue remained “elevated” and expenditure “sufficiently subdued” in September, according to Econometrix
China’s investment in its own economy has boosted sub-Saharan Africa’s exports over the past 15 years, according to the International Monetary Fund.
Growth in unsecured lending to households declined from last year’s highs of 30 percent year on year to 18 percent last month, Annabel Bishop, the chief economist at the Investec group, said in response to data on cr
Another rating downgrade could have serious implications for South Africa, says the Reserve Bank.
African leaders must move from talk shops about economic integration on the continent to implementing agreements on integration.
Moody's has given South Africa a gentle pat on the back after Pravin Gordhan's mini-budget.
SA motorists will get further relief on petrol prices when the Department of Energy announces its monthly adjustment.
The Treasury has a good track record for sticking to its expenditure plans, according to Standard & Poor’s South African head Konrad Reuss.
Business Report incorrectly reported yesterday that rating agency Moody’s Investors Service has South Africa on an A3 rating.
The latest tax statistics from Sars and the Treasury show which South Africans feel the biggest pinch.
Economist Gina Schoeman warns of a possible downgrade from Moody's ahead of SA's medium-term budget statement.
Africa may be the next emerging market bubble, according to David Cowan, an Africa economist at Citi.
