economy

economy

African Manufacturers Seek to Extend US Trade Program

African Manufacturers Seek to Extend US Trade Program

Africa-Press - South-Africa. African manufacturers are lobbying U.S. Congress to grant a last-ditch extension of one or two years to a duty-free trade programme...
Scientists Warn of Issues from Our Shrinking Moon

Scientists Warn of Issues from Our Shrinking Moon

Africa-Press - South-Africa. The study raises awareness of a restless Moon that is experiencing “moonquakes”, some of which may be relatively large, and could...
Africa's Millionaire Population to Increase by 65%

Africa’s Millionaire Population to Increase by 65%

Africa-Press - South-Africa. The population of millionaires in Africa has been projected to increase by 65 per cent within the next 10 years as...
Google Expands African Internet With New Cable Hubs

Google Expands African Internet With New Cable Hubs

Africa-Press - South-Africa. The tech giant Google has announced plans to establish four new subsea cable hubs across various African corridors to enhance Internet...
AI Transforming African Trade with 2025 Compliance Forum

AI Transforming African Trade with 2025 Compliance Forum

Africa-Press - South-Africa. Artificial Intelligence (AI) is transforming trade in Africa by curbing illicit financial flows, fostering growth, and creating new market opportunities. In partnership...
G20 Summit Showcases South Africa's Hosting Ability

G20 Summit Showcases South Africa’s Hosting Ability

Africa-Press - South-Africa. Minister in the Presidency Khumbudzo Ntshavheni said the G20 leaders’ summit is Africa’s best chance to showcase its ability to host...
SARB Revises Growth Forecast Up to 1.2%

SARB Revises Growth Forecast Up to 1.2%

Africa-Press - South-Africa. The South African Reserve Bank (SARB) has revised its growth forecast up to 1.2% from the previous 0.9%. The central bank made...
South Africa faces a death spiral

South Africa faces a death spiral

Africa-Press - South-Africa. Credit rating agency Moody’s has warned that South Africa risks a negative spiral where high interest rates and subdued economic growth...
Big VAT changes coming for South Africa

Big VAT changes coming for South Africa

Africa-Press - South-Africa. National Treasury has outlined the significant Value-Added Tax (VAT) changes contained in the draft Tax Laws Amendment Bill (TLAB) as well...
Great news for interest rates in South Africa

Great news for interest rates in South Africa

Africa-Press - South-Africa. Following a surprise drop in inflation in August, some economists believe South Africa could see two more cuts to interest rates...