economy

economy

Big Electricity Price Changes Ahead for South Africa

Big Electricity Price Changes Ahead for South Africa

Africa-Press - South-Africa. The Electricity Minister is now focusing on how the price of electricity can be lowered in South Africa, directing research on...
Incentivizing Private Sector Investment in Cities

Incentivizing Private Sector Investment in Cities

Africa-Press - South-Africa. While there is a significant amount of money in South Africa ready to be spent on addressing the country’s problems, the...
Serious Threat to Interest Rate Cuts in South Africa

Serious Threat to Interest Rate Cuts in South Africa

Africa-Press - South-Africa. Reserve Bank Governor Lesetja Kganyago warned that the United States’ tariff policies carry significant risks for South Africa. One of the most...
South African Reserve Bank's Long-Term Gain Short-Term Pain

South African Reserve Bank’s Long-Term Gain Short-Term Pain

Africa-Press - South-Africa. The move to a lower inflation target is a double-edged sword for South Africa, with long-term benefits coming at the cost...
Real Reason Why Electricity Is So Expensive in South Africa

Real Reason Why Electricity Is So Expensive in South Africa

Africa-Press - South-Africa. South Africa’s electricity tariffs have risen sharply over the past few years due to decades of below-cost pricing to keep electricity...
Higher Education Budget Passed Amid Fiery Political Exchanges

Higher Education Budget Passed Amid Fiery Political Exchanges

Africa-Press - South-Africa. The budget of the higher education department that until Monday threatened to derail the national budget has been passed, but not...
South Africa's First Bullet Train Planned

South Africa’s First Bullet Train Planned

Africa-Press - South-Africa. South Africa’s plans to build its first bullet train have taken a major step forward, with the expected launch in 2030,...
R13 Billion Nail in the Coffin for Load Shedding

R13 Billion Nail in the Coffin for Load Shedding

Africa-Press - South-Africa. Norway-based renewable energy group Scatec ASA has been awarded preferred bidder status for a R13 billion solar cluster project in South...
Interest Rate Hike Warning for South Africa

Interest Rate Hike Warning for South Africa

Africa-Press - South-Africa. While economists anticipate a hold or an interest rate cut in July, they have not ruled out the South African Reserve...
Ramaphosa: Economic Reform Agenda for Higher Growth

Ramaphosa: Economic Reform Agenda for Higher Growth

Africa-Press - South-Africa. President Cyril Ramaphosa says the country’s economic reform agenda will create the conditions for higher growth. Ramaphosa said the progress report on...