Cash Reigns in South Africa’s R900 Billion Hidden Economy
Africa-Press - South-Africa. South Africa’s informal economy is estimated to be as big as R900 billion per year—a massive economic engine powered by hundreds...
SA Corporates Hold Record R1.8 Trillion Cash Uninvested
Africa-Press - South-Africa. Corporate South Africa is right now sitting on a record amount of excess cash.
The country's non-financial companies (NFCs) held R1.8 trillion...
Reserve Bank’s tricky interest rate balancing act
Africa-Press - South-Africa. The Reserve Bank is in a tricky situation, as South Africa’s low inflation rate leaves room to cut interest rates, but...
Lower electricity prices on the cards for South Africa
Africa-Press - South-Africa. Electricity prices are set to decline in the coming years, or at least increase at a significantly slower rate, as Eskom...
South Africa missing out on billions as others cash in
Africa-Press - South-Africa. South Africa has missed out on billions in potential tax receipts, economic activity, and export earnings, as its mining output has...
ANC’s plan to save South Africa won’t work
Africa-Press - South-Africa. The ANC’s recently unveiled ten-point plan to boost South Africa’s economy, while workable in theory, will not work if existing governance...
G20 Trade Talks Focus on WTO Reforms in Gqeberha
Africa-Press - South-Africa. Trade leaders gathered in Gqeberha, in the Eastern Cape, for G20 meetings have said calls for reforms in the World Trade...
The Reserve Bank’s gift to the South African government
Africa-Press - South-Africa. South Africa’s Reserve Bank Governor Lesetja Kganyago said that officially locking in a lower inflation goal could underpin another drop in...
Big inflation change coming to South Africa
Africa-Press - South-Africa. South African Reserve Bank (SARB) Governor Lesetja Kganyago said on Thursday that the central bank and National Treasury agreed that the...
Plan to save South Africa’s finances on track
Africa-Press - South-Africa. South Africa is on track to meet its two main fiscal targets this year, stabilising its public debt and increasing the...