economy

economy

South Africa surfing the Trump tsunami

South Africa surfing the Trump tsunami

Africa-Press - South-Africa. South Africa finds itself on the receiving end of increasing pressure from the United States, in the form of tariffs on...
Good news for petrol prices next week

Good news for petrol prices next week

Africa-Press - South-Africa. The expected decline in petrol prices next month has narrowed over the past week on the back of a slightly weaker...
South Africa's Biggest Gold Miner Sees Shares Plunge

South Africa’s Biggest Gold Miner Sees Shares Plunge

Africa-Press - South-Africa. Harmony Gold shares dropped after the largest producer of South African gold warned of rising costs, even as record bullion prices...
Best news for the rand in twenty years

Best news for the rand in twenty years

Africa-Press - South-Africa. South Africa’s currency is on track for its biggest August gain in two decades, with stocks not far behind, as a...
One mistake costing South Africa billions every year

One mistake costing South Africa billions every year

Africa-Press - South-Africa. South Africa’s real repo rate has been, on average, 0.5 percentage points higher since the ‘Nenegate’ scandal in December 2015 than...
Trump Policy That Could Harm South Africa More Than Tariffs

Trump Policy That Could Harm South Africa More Than Tariffs

Africa-Press - South-Africa. South African investors are increasingly concerned about whether US President Donald Trump will ratchet up his actions against the country, with...
SARS going after one group of South Africans hard

SARS going after one group of South Africans hard

Africa-Press - South-Africa. Tax experts have noted that the South African Revenue Service (SARS) is increasing its focus on high-earning South African expats. Imagine being...
Experts Warn of Another Mess for South Africa

Experts Warn of Another Mess for South Africa

Africa-Press - South-Africa. Reports this week have sparked fears that South Africa is at risk of being cut off from the global Society for...
International Giant Worth R1.9 Trillion to Cut Company

International Giant Worth R1.9 Trillion to Cut Company

Africa-Press - South-Africa. Mining giant Rio Tinto is undergoing a massive restructuring and has placed its South African operation, Richards Bay Minerals (RBM), under...
NERSA Criticized for Eskom Revenue Shortfall Errors

NERSA Criticized for Eskom Revenue Shortfall Errors

Africa-Press - South-Africa. An energy expert has slammed the National Energy Regulator of South Africa (NERSA) as incompetent for miscalculating an Eskom revenue shortfall,...