economy

economy

Emerging economies face longer time of tighter financing: Lesetja Kganyago

Emerging economies face longer time of tighter financing: Lesetja Kganyago

Africa-Press - South-Africa. Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very...
Rand stable as investors await budget clarity

Rand stable as investors await budget clarity

Africa-Press - South-Africa. The rand was little changed in early trade on Friday as investors awaited clarity on a disputed national budget which has...
IEJ welcomes government's decision to reverse 'regressive' VAT hike

IEJ welcomes government’s decision to reverse ‘regressive’ VAT hike

Africa-Press - South-Africa. The Institute for Economic Justice (IEJ) has welcomed the decision to reverse the VAT hike, which it says is a regressive...
Arnergy Secures $18 Million to Accelerate Solar Energy Deployment Across Africa

Arnergy Secures $18 Million to Accelerate Solar Energy Deployment Across Africa

Africa-Press - South-Africa. Arnergy, a leading Nigerian provider of distributed renewable energy solutions, has announced the successful close of an $18 million funding round...
When the rand was stronger than the dollar

When the rand was stronger than the dollar

Africa-Press - South-Africa. The rand recently hit its worst-ever level of R19.93 against the dollar amid market panic over US President Donald Trump’s tariffs...
Hidden threat to South Africa

Hidden threat to South Africa

Africa-Press - South-Africa. The implementation of tariffs on South African exports to the United States poses a significant risk for the country, with R138...
South Africans should get ready for a recession

South Africans should get ready for a recession

Kirsten Minnaar Africa-Press - South-Africa. South Africans are facing a difficult economic environment, with stagnating salaries, unaffordable debt, and now the rising risk of...
The price for flights in South Africa increasing rapidly

The price for flights in South Africa increasing rapidly

Africa-Press - South-Africa. Prices of flights between South Africa’s major cities have risen between 4% and 13% over the past year due to increased...
China remains Africa's largest trading partner, key contributor to dev't: officials

China remains Africa’s largest trading partner, key contributor to dev’t: officials

Africa-Press - South-Africa. The economic and trade cooperation between China and Africa is gaining momentum, with trade volume recording a 6 percent year-on-year increase...
South Africa has a new hunting ground for investment

South Africa has a new hunting ground for investment

Africa-Press - South-Africa. South Africa plans to open its first overseas office for its infrastructure development agency in the Middle East, aiming to tap...