Former Statistician-General Pali Lehohla has called on organised black businesses to consider acquiring the struggling retail giant Pick n Pay, highlighting the ...
The rand has depreciated to R18. 78 against the US dollar, reaching its lowest point since February as Parliament narrowly passes the controversial budget with a ...
The Public Investment Corporation (PIC) has invested R740 million in Africa50 Group, becoming its 36th shareholder. This strategic partnership aims to address Africa's ...
South Africa's automotive sector demonstrates remarkable resilience with a 31. 1% surge in export sales and 12. 5% growth in domestic vehicle sales, even as it faces ...
President Cyril Ramaphosa has officially endorsed Swazi Tshabalala as South Africa's candidate for the African Development Bank presidency, citing her exceptional ...
Energy Minister Dr Kgosientsho Ramokgopa has announced a groundbreaking Independent Transmission Programme that will allow private investment in South Africa's electricity ...
The Absa PMI remained in contractionary territory for a fifth consecutive month, although it improved slightly to 48. 7 in March. Manufacturers expect deteriorating ...
Despite the suspension of load shedding since March 2024, PwC's latest South Africa Economic Outlook reveals that business leaders still consider energy disruptions ...
Jameel Motors announces strategic partnership with Chinese automotive giant Changan Automobile to distribute SUVs, sedans, pickups, and new energy vehicles in South ...
The rand has fallen nearly 1% against the US dollar as Parliament faces a critical Budget deadline. With GNU parties divided over proposed VAT increases and economists ...
The South African mining industry achieved a historic low of 42 fatalities in 2024, marking a 24% decrease from the previous year. However, despite this progress ...
A legal expert warns that South African banks could face US sanctions following new American legislation that prohibits account closures based on reputational risk. ...
"SARB Governor Lesetja Kganyago has indicated the central bank is considering lowering its inflation target from the current midpoint of 4. 5% towards 3%, potentially ...
South Africa's Producer Price Inflation moderated to 1% in February, below market expectations of 1. 3%. Despite this easing, analysts predict a gradual uptick throughout ...
The US Banking Committee has moved to eliminate 'reputational risk' as a reason for account closures, challenging a practice South African banks have long used to ...
Emirates Airlines is elevating travel experiences between South Africa and Dubai with the introduction of retrofitted Boeing 777 aircraft featuring new Premium Economy ...
Currently, South Africa requires a minimum three to fivefold increase in climate finance, from an annual average of R131 billion, to meet its NDCs.
Absa's economic team warns that the South African Reserve Bank's interest rate cutting cycle may be coming to an end following the decision to keep the repo rate ...
Telkom has entered South Africa's rapidly growing Mobile Virtual Network Operator market through a strategic partnership that enables multiple MVNOs to access its ...
The UN Economic Commission for Africa's latest report urges African governments to implement the African Continental Free Trade Area agreement as a strategic response ...
Telkom's share price increased by 2. 9% following the announcement that all conditions have been met for the R6. 75 billion sale of its Swiftnet tower business to ...
A US policy expert warns that South Africa could face maritime sanctions and trade restrictions following a new Federal Maritime Commission inquiry, potentially ...
The Beer Association of South Africa warns that above-inflation excise duty increases could drive consumers towards dangerous illicit alcohol alternatives, while ...
South African Breweries joins forces with Cape Town Mayor, TNC, and WWF to combat water scarcity through innovative conservation projects, successfully replenishing ...
Google Cloud's launch of its first African region in Johannesburg marks a historic $1 billion investment in Africa's digital future. The facility is projected to ...