Eight of 10 industries contributed to positive GDP growth during the quarter
President Cyril Ramaphosa said the uncertainty of the new trading regime had already harmed the country’s economy
Tariff threats from the US and uncertainty over the renewal of the African Growth and Opportunity Act make it imperative to get the AfCFTA going in full force
While the council achieved 14 of its 16 targets, it needs to accelerate its policy implementation and support job creation
Lower Brent crude oil prices and a stronger rand helped ease the fuel price
While the surge benefits local economies, conservationists warn that overcrowding, habitat destruction and over-development pose a risk
China’s ambassador said South Africa’s call to narrow its trade deficit and diversify exports required building local beneficiation capacity
Edward Kieswetter says taxpayers’ willingness to comply has been eroded by poor governance
The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
The key drivers were food and non-alcoholic beverages
But local exporters will have to identify new homes for their products in an increasingly tight market
South Africa was forced into the energy transition by the electricity crisis, sparking a wave of private investment in renewables
Trade Minister Parks Tau said the US’s 30% tariff on exports has necessitated a balanced response between renegotiation, trade diversification and protection from an import surge
There are now 8.4 million unemployed people, an increase of 140 000 since the first quarter of 2025
The entrance of Shein and Temu has hurt the local manufacturing sector and led to job losses, a new report says
The bank’s executives say it has fully recovered after being suspended from the stock exchange in 2014 and is on a mission to broaden financial access and inclusion
A recent forum heard that the high cost of capital continues to undermine the continent’s growth and infrastructure development
From Wednesday, 95-grade unleaded petrol will cost R21.59 per litre in Gauteng and R20.76 in coastal areas
While the government negotiates a mutually beneficial deal with the US, it says it is making plans to diversify its export marke
Labour federations said the digital economy could lead to further marginalisation of workers and called for platform accountability and job protection
The president said a support package was being finalised for firms that will be affected by the tariffs
According to union Solidarity, pilots will receive salary increases of between 6% and 6.9% over the next four years
Low capital, fuel prices and cash-strapped consumers are hampering recovery
With low inflation, the monetary policy committee said it is aiming for inflation to settle at 3% — the bottom of its target range — to spur economic growth
The economy is expected to create a jobs boom if the country can fix its electricity grid and meet the increasing demand for local copper beneficiation
The department of trade, industry and competition says it has no intention of decoupling from the US on trade relations
Economists are also watching out for whether the central bank will adjust the target for inflation, which for now remains within a 3-6% target band
Although trade union Solidarity and the airline made progress during mediation last week, they have failed to reach an agreement
The health of the sector depends on how well it contains future avian influenza outbreaks, experts say
The rate is still within the Reserve Bank’s target range and supports the case for a further rate cut in the upcoming meeting, economists say
The AfDB says the country’s economy continues to underperform, weighed down by structural deficiencies that constrain the financial sector
The need to ensure the independence of central banks was also one of the key recommendations from South Africa’s G20 finance track