The South African Reserve Bank last week announced a cut in interest rates of 25 basis points or a quarter of a percentage ...

Even the Reserve Bank governor, Lesetja Kganyago, echoed the bleak picture, calling the GDP data 'not a pretty picture'.

South Africa’s latest GDP data means that forecasts for 2025 are likely to be cut yet again, threatening another year of ...

All indications were that exports are set to slow given the current economic climate, recent indicators, as well as surveys ...

Amid expectations of lower interest rates as National Treasury and the SA Reserve Bank seriously consider a lower inflation ...

South Africa’s unemployment rate, currently at 32,9%, is among the highest in the world, and significantly higher than the ...

Budget 3.0 was tabled on the same afternoon as the SA/US meeting in the White House. Both events have been widely covered; ...

The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data.

The central bank’s 3% to 6% inflation target hasn’t been changed since it was introduced in 2000. Its governor, Lesetja ...

South African Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting ...

New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, ...