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Saturday, June 7, 2025

Despite 0. 1% growth in Q1, the rand held firm below R18 to the dollar

Despite a mere 0. 1% growth in South Africa's economy in the first quarter, the rand remains resilient, trading below R18 to the dollar.

Nicola Mawson|Published

Third time’s the charm: Godongwana’s 2025 budget finally approved

The 2025 National Budget has finally been approved following the adoption of the fiscal framework.

Nicola Mawson|Published

Household budgets feel the pinch as food prices jump in May 2025

The May 2025 Household Affordability Index shows a significant rise in the average cost of basic food items.

IOL Reporter|Published

Crooks steal almost R100bn from SA’s economy each year

Illicit financial flows are costing South Africa a staggering $3. 5 billion annually, nearly 5% of its tax revenue

Nicola Mawson|Published

SA wants bold financial reforms to end Africa’s debt crisis ahead of UN financing conference

South Africa urges a transformative approach to international development finance at the upcoming FfD4 conference, advocating for sustainable debt solutions to empower African nations and ensure no community is left behind.

Nicola Mawson|Published

South African Reserve Bank cuts repo rate to support struggling workers

As the repo rate decreases, South African workers herald a much-needed respite from soaring debt; yet, with economic growth projections dimming, the future remains uncertain.

Published

Interest rate decision not clear cut: The delicate balance that MPC members need to achieve

As South Africans await the crucial interest rate decision, what factors will influence the MPC's choice? Discover the delicate balance they must achieve.

Jason Woosey|Published

Trump's attendance at the G20 Summit: A boost for South Africa's international relations

Experts weigh in on the significance of President Trump's attendance at the G20 Summit in Johannesburg, highlighting its potential impact on South Africa's international relations and trade.

Yogashen Pillay|Published

South Africa offers to import liquefied natural gas from US in exchange for duty free vehicle imports

South Africa's bid for a $1 billion LNG deal with the US aims to reshape trade relations and boost its economy.

AFP|Published