An index measuring South African business sentiment rose to a four-month high in July as tourism numbers and new vehicle sales increased.
The International Monetary Fund's (IMF) latest global economic outlook review sounds the alarm bell for a slowdown in global economic growth - but prospects are more positive for South Africa.
Guyana, the world’s fastest-growing economy, plans to use its newfound oil and gas wealth to fund investments in other sectors that will reduce its dependence on hydrocarbons, its president said.
South Africa’s economy is back at the size it was before the coronavirus pandemic struck, following quicker than anticipated growth in the first quarter.
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