The South African Revenue Service (SARS) has reiterated its commitment to resolving the ongoing industrial action with organised labour.
South Africans are taking home less each month, while the cost of fundamentals like food, fuel and electricity keep climbing.
Chief economist Investec, Annabel Bishop says that South Africa is in line for a cut in the petrol price of nearly R2.00 per litre in August given the drop in the international gasoline price.
The latest update to The Economist's Big Mac Index shows that South Africa's currency is one of the most undervalued in the world.
The energy crisis in South Africa can be resolved in 18 to 24 months, says Eskom chairperson Malegapuru Makgoba, but it needs full commitment - and a concrete plan.
South Africa needs R1.2 trillion to meet its future energy needs, Eskom says; the controversial R22 million flag is not off the table yet; ANC calls for lifestyle audits as a key policy; analysts say the ANC's coming policy conference…
Meta Platforms Inc, the social media giant that includes Facebook and Instagram, reported its first-ever quarterly sales decline, citing advertisers’ shrinking budgets.
South Africa’s government sought a series of commitments by labor unions and business, ranging from lower entry-level wages to an agreement to boost investment, as part of a plan to revive the nation’s struggling economy.
British International Investment Plc, the UK government’s development-finance arm, plans to invest $6 billion over the next five years in Africa in areas ranging from renewable power and digital infrastructure to supporting women-owned businesses.
South Africa's biggest retailers have all expressed ambitions to take each other on in some way in their traditional market segment - the most notable being Shoprite's move into affluent areas and customers.
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