economy

economy

One Thing Costing South Africa R70 Billion Annually

One Thing Costing South Africa R70 Billion Annually

Africa-Press - South-Africa. South Africa pays between R50 billion and R70 billion in additional debt-servicing costs due to a mismatch between its economic fundamentals...
Hidden threat to South Africa from the United States

Hidden threat to South Africa from the United States

Africa-Press - South-Africa. An outperformance from the United States economy in 2026 would have significant implications for South Africa, in the form of a...
Companies Competing for South Africa's R1.8 Trillion Goldmine

Companies Competing for South Africa’s R1.8 Trillion Goldmine

Africa-Press - South-Africa. The competition between South African asset managers to manage the R1.8 trillion pile of cash corporates are sitting on is heating...
Reserve Bank shares good news about the South African rand

Reserve Bank shares good news about the South African rand

Africa-Press - South-Africa. South Africa’s new lower inflation target is giving the rand fresh momentum, with policymakers and analysts agreeing it could curb a...
South Africa’s government on the hook for R700 billion

South Africa’s government on the hook for R700 billion

Africa-Press - South-Africa. South Africa’s government guarantees to state-owned enterprises (SOEs) have gone from R64.5 billion in 2008 to R707.8 billion in less than...
Government Jobs Offering Over R56,000 Monthly in SA

Government Jobs Offering Over R56,000 Monthly in SA

Africa-Press - South-Africa. The latest earnings data from the Quarterly Employment Survey (QES) show that extra-budgetary institutions (EBI) in South Africa earn the highest...
SARB's Decision on Repo Rate at Next MPC Meeting

SARB’s Decision on Repo Rate at Next MPC Meeting

Africa-Press - South-Africa. Some economists said that the ball in now in the South African Reserve Bank (SARB)’s court to lower the repo rate...
Global Billionaire Shortlisted for R440 Billion Rollout

Global Billionaire Shortlisted for R440 Billion Rollout

Africa-Press - South-Africa. South Africa’s electricity ministry selected seven groups of companies as pre-qualified bidders for the country’s R440 billion transmission-grid expansion program. Companies among...
Reserve Bank shares good news about South Africa’s inflation

Reserve Bank shares good news about South Africa’s inflation

Africa-Press - South-Africa. South Africa’s central bank credited its new 3% inflation target for already helping guide expectations lower across the economy, after the...
Edward Kieswetter’s R9.7 billion win

Edward Kieswetter’s R9.7 billion win

Africa-Press - South-Africa. A boom in South Africa’s counterfeit goods market over the past few years has led to billions being lost from the...