Annual consumer price inflation slowed marginally to 7.5% in September from 7.6% in August, edging down further from the 13-year high of 7.8% recorded in July.
There is some good news for South Africa as the devastating strike at Transnet – costing the country’s economy billions daily – seems to be coming to an end after United Transport & Allied Trade Union (Untu) agreed to a…
South Africa’s major cities in the Gauteng Province – the country’s economic heartland – are experiencing major water shortages. In Johannesburg and Tshwane taps have run dry, with numerous areas experiencing intermittent supply while some areas have n...
The South African Reserve Bank (SARB) has seized assets belonging to former Steinhoff CEO Markus Jooste.
As major metros fight an ongoing water crisis, pumping stations remain vulnerable to rolling blackouts - which cause further damage and delays.
Netflix Inc is growing again, and Hollywood can breathe a sigh of relief.
The Reserve Bank has seized more than R1.4bn worth of assets belonging to former Steinhoff CEO; Transnet CEO Portia Derby says that 70-80% of workers were back on the job on Tuesday; the City of Johannesburg Mayor says plans are…
South Africa wants to spend billions of dollars fostering an electric vehicle industry, complicating efforts to finalize an $8.5 billion climate aid package before next month’s United Nations climate summit.
As economists expect another 75 basis point increase to already high-interest rates, the South African Reserve Bank (SARB) governor Lesetja Kganyago gives insight into what is forcing their hand.
South African borrowing costs will only be lowered when inflation’s retreat toward the midpoint of the central bank’s target range is sustained, Reserve Bank governor Lesetja Kganyago said.
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