economy

economy

R46 Billion Plan to Phase Out Coal in South Africa

R46 Billion Plan to Phase Out Coal in South Africa

Africa-Press - South-Africa. A World Bank-linked climate fund has backed South African plans to cut its reliance on coal, unlocking up to $2.6 billion...
Miracle on the Cards for South Africa

Miracle on the Cards for South Africa

Africa-Press - South-Africa. The lowering of the Reserve Bank’s inflation target promises to bring immense benefits for South Africa, including faster economic growth and...
FNB Eyes Hidden R49 Billion Goldmine

FNB Eyes Hidden R49 Billion Goldmine

Africa-Press - South-Africa. FNB is eyeing an increased share of South Africa’s R49 billion stokvel market as the country’s lacklustre economic growth results in...
Petrol Prices in South Africa Set to Increase Sharply

Petrol Prices in South Africa Set to Increase Sharply

Africa-Press - South-Africa. Petrol and diesel prices are set to rise in South Africa next month as the international oil price spikes due to...
International Company Shuts Down South Africa Operations

International Company Shuts Down South Africa Operations

Africa-Press - South-Africa. The Department of Trade, Industry, and Competition is stepping in to try to prevent the closure of Goodyear’s factory in Kariega,...
Pressure Mounts on Ramaphosa's Growth Plan

Pressure Mounts on Ramaphosa’s Growth Plan

Africa-Press - South-Africa. Amid economic stagnation and growing public doubt, South Africa’s Government-Business Partnership has launched a three-month “execution sprint” to fast-track reforms in...
Double Blow for South Africa

Double Blow for South Africa

Africa-Press - South-Africa. On top of another month of decline in the manufacturing sector, South Africa’s mining sector has also delivered its sixth consecutive...
Major Strike in South Africa Averted

Major Strike in South Africa Averted

Africa-Press - South-Africa. South Africa’s state-owned ports and freight-rail company reached a pay deal with its two recognized labor unions, averting a strike that...
China Delivers Massive Win for South Africa

China Delivers Massive Win for South Africa

Africa-Press - South-Africa. China plans to remove tariffs on imports from almost all African countries to further cement already close relations with the continent...
Cabinet Members Spent R202 Million on Travel

Cabinet Members Spent R202 Million on Travel

Africa-Press - South-Africa. Since July 2024, South African taxpayers have spent over R202.5 million on ministerial and deputy ministerial travel, sparking renewed calls for...