economy

economy

Ramaphosa calls for balanced trade between SA and China

Ramaphosa calls for balanced trade between SA and China

Africa-Press - South-Africa. President Cyril Ramaphosa said that trade between South Africa and China has historically been "imbalanced" in favour of the Asian country. He...
A new global tax order could benefit Africa

A new global tax order could benefit Africa

Africa-Press - South-Africa. Africa’s efforts in mobilising more domestic revenue for the many development needs the continent has could soon be enhanced as the...
Ramaphosa doubles down on calls for more investments from Chinese companies

Ramaphosa doubles down on calls for more investments from Chinese companies

Africa-Press - South-Africa. President Cyril Ramaphosa has doubled down on calls for more investments from Chinese companies, as South Africa weighs the trade ties...
SAPO tells MPs it is facing 'day zero', warns of liquidation unless it gets cash injection

SAPO tells MPs it is facing ‘day zero’, warns of liquidation unless it gets...

Africa-Press - South-Africa. The South African Post Office (SAPO) says it's not out of the woods yet and is facing "day zero" where it...
Some economists believe Q2 GDP growth could be turning point for SA economy

Some economists believe Q2 GDP growth could be turning point for SA economy

Africa-Press - South-Africa. Some economists believe the GDP growth seen in the second quarter of the year could be a turning point in the...
R52 billion boost for South Africa

R52 billion boost for South Africa

Africa-Press - South-Africa. The Industrial Development Corporation (IDC) has announced that it disbursed R15.9 billion of its own on-balance sheet funds to South African...
SIU to investigate Eskom contracts

SIU to investigate Eskom contracts

Africa-Press - South-Africa. The Special Investigating Unit (SIU) will investigate allegations of corruption and maladministration in nine Eskom contracts. This after President Cyril Ramaphosa signed...
Rand hits best level in over a year

Rand hits best level in over a year

Africa-Press - South-Africa. The rand climbed to a 13-month high on Friday, riding a wave of optimism about South Africa’s economy and also buoyed...
South Africa’s biggest bank gets a new CEO

South Africa’s biggest bank gets a new CEO

Africa-Press - South-Africa. Kenny Fihla has been appointed CEO of Standard Bank South Africa, replacing former Treasury Director General Lungisa Fuzile. Standard Bank South Africa...
South Africa can lose its top spot in Africa

South Africa can lose its top spot in Africa

Africa-Press - South-Africa. South Africa is at risk of giving up its position as Africa’s most developed economy as it is increasingly losing out...