economy

economy

Mining Indaba Focuses on Safety Issues in SA Plants

Mining Indaba Focuses on Safety Issues in SA Plants

Africa-Press - South-Africa. The four-day meeting of industry leaders, government and investors kicked off on Monday. The mining industry said it’s preoccupied with safety issues...
Mantashe Addresses Mining Industry Challenges at Indaba

Mantashe Addresses Mining Industry Challenges at Indaba

Africa-Press - South-Africa. Mineral and Petroleum Resources Minister Gwede Mantashe said government is responding to impediments in the mining industry, as companies buckle under...
Cape Town Urges NERSA to Cancel Eskom Tariff Increase

Cape Town Urges NERSA to Cancel Eskom Tariff Increase

Africa-Press - South-Africa. NERSA’s decision to increase energy tariffs to almost 9% annually for the next two years has sparked a national outcry. The City...
Money Flooding Into South Africa

Money Flooding Into South Africa

Africa-Press - South-Africa. Goldman Sachs Group Inc. expects a busy year of deals for South Africa as the continent’s largest economy starts to benefit...
Major South African Bank Sale for R2.8 Billion Fails

Major South African Bank Sale for R2.8 Billion Fails

Africa-Press - South-Africa. The sale of Bidvest Bank to Nigerian-based Access Bank has fallen through due to the deal’s conditions not being met. Bidvest Bank...
Reserve Bank Warns South African Crypto Investors

Reserve Bank Warns South African Crypto Investors

Africa-Press - South-Africa. South African Reserve Bank Governor Lesetja Kganyago warned about the risk of the increasing popularity of stablecoins, saying there’s a danger...
VAT changes on the cards for South Africa

VAT changes on the cards for South Africa

Africa-Press - South-Africa. As the 2026 Budget approaches, attention is shifting away from politically toxic rate hikes towards whether SARS is effectively taxing digital...
End of Eskom’s 102-year reign

End of Eskom’s 102-year reign

Africa-Press - South-Africa. Eskom’s 102-year reign as the only significant supplier of electricity in South Africa appears to be coming to an end as...
Double tax hike on the cards for South Africa

Double tax hike on the cards for South Africa

Africa-Press - South-Africa. Both sin taxes and the fuel levy face potential increases in the National Treasury’s upcoming 2026 Budget. This, along with rising meat...
Top South African mining CEO splits after seven months

Top South African mining CEO splits after seven months

Africa-Press - South-Africa. South African miner Copper 360 announced that its CEO and commercial executive have taken a leave of absence, effective immediately. After market...