Latest News & Developments
Seoul was an outlier in Asia with shares plunging as South Korea's political crisis deepened with a second presidential impeachment vote.
A number of experts and economists have made prediction on whether the Reserve Bank will cut interest rates today.
Brazil's central bank on Wednesday announced its first interest rate hike in two years, raising the benchmark lending rate to 10. 75 percent even as the US Federal Reserve decided to lower borrowing costs.
South African motorists will almost certainly be hit with higher fuel prices in February, but the extent of these increases remains up in the air.
China’s manufacturing sector has continued to provide strong support for the country's steady economic growth and structural reform.
Professor Dumisa looks at the economies of seven countries, which include four African countries and three major countries who are also members of BRICS.
Globally, the markets are looking less constrained going into 2024.
While the government has put fighting crime at the forefront of its policy priorities, the study underscored the need for multi-faceted actions.
The study emphasised the need for investment, rather than perceiving higher education as a mere expenditure.
South African Deputy President Paul Mashatile raised issue with the continent's ‘unsatisfactory’ transport networks, saying he hoped the African Continental Free Trade Area would fix it.
As you kick start your day, Nokuthula Khwela brings you the country’s biggest stories.
Inflation challenge: Don’t worsen it through ill-informed short-term interventions
The rand weakened against the dollar in early trade on Friday, as market jitters grew ahead of highly anticipated U. S. jobs data.
This comes as Eskom will continue implementing various stages of loadshedding for the foreseeable future until the situation has been normalised after the full return to work of all striking employees.
The US Federal Open Market Committee (FOMC) minutes confirmed a further tightening of monetary policy amid accelerating inflation, and fears of a global recession.
South African farmers have warned that the disruptive load shedding was posing long-term risks to the agricultural sector and the economy as a whole as it could worsen rising food prices.
The latest round of power outages has wreaked havoc on the economy, small businesses and on poor families.
Yesterday trade union South African Federation of Trade Unions also called for a national shutdown amid worsening living standards
Businesses remained under considerable pressure from rising input costs, lifted by a surge in global fuel prices and supply-side challenges despite activity climbing to a 13-month high.
Statistics South Africa (Stats SA) today said the annual headline inflation rate in South Africa remained unchanged at 5. 9 percent in April compared to March.
Amid much criticism, the government of Zimbabwe is pressing ahead with its temporary suspension of lending services by banks.
At 0645 GMT, the rand traded at 16. 0375 against the dollar, 0. 34% weaker than its close on Thursday, when it slumped by close to 4%.
New daily Covid-19 cases have increased in South Africa in the past two weeks and jumped to 6 372 on Wednesday, the highest since January 12, which was the tail end of the Omicron wave.
Currency continues a two-week slide yesterday, falling 2. 27 percent to the dollar, while stock exchange prices slumped more than 3 percent
Economic activity in KwaZulu-Natal (KZN) has ground to a halt after torrential rains left a trail of billions of rands in infrastructure damage and threw supply chains into disarray.