‘The new economic dispensation should match the aspiration for economic freedom and the fulfilment of the highest ideals of our democracy.’
The GDP expansion was largely driven by increased activity in the agriculture sector
The licensing of Elon Musk’s Starlink has sparked debate about whether South Africa’s black economic empowerment laws are an impediment to growth or path to an inclusive economy
The announcement comes as the bank foresees lower global interest rates and a weaker outlook for the local economy
Despite the global environment becoming less tense since the March meeting, the central bank will remain cautious, economists say
The 21 May budget is lower than the R232.6 billion proposed in the March budget that was scrapped
The finance minister said the expenditure would be carried out ‘without compromising the fiscal strategy of sustainable public finances’
In his third prepared budget for the year, the minister said government debt would still stabilise this year but at 77.4% of GDP, higher than predicted in March
April’s slight uptick suggests that the Reserve Bank will keep the benchmark repo rate at 7.5% next week
In the days of apartheid, unions fought for more than just wages, they wanted a new society. Now it seems they have abandoned their roots
Business leaders call for more investment to help youths start businesses and to tackle joblessness
The continent will need 1 200 new commercial aircraft over the next two decades, the firm says
Brand SA has invited global businesses to partner in infrastructure projects in energy and logistics
Africa is driving innovation in artificial intelligence, with the potential to make $100 billion in revenue, a new McKinsey study has found
The 19 employees are battling for reinstatement and backpay after being dismissed during an outsourcing and labour dispute
An outdated iron ore beneficiation value chain is holding back South Africa’s industrialisation, even as government imposes tariffs mainly affecting China to shield ArcelorMittal from the surge of steel imports
Unions and employers must strike a delicate balance between rights and responsibilities in an evolving workplace
Godongwana promises fiscal prudence in his new budget but the growth forecast may change
The former director general at the department of trade and industry has a long history leadership in business
Thousands of international tourism business owners and buyers are expected to descend on Durban
Agriculture Minister John Steenhuisen said the country was also looking for alternative markets for its produce
MAN Truck & Bus South Africa has invested R48 million in its local plants to prepare for the manufacturing of the vehicles
The South African Reserve Bank is unlikely to cut interest rates next month, because of inflationary pressures that lie ahead
Practical economic strategies are needed to change the regulations that hobble entrepreneurship and result in funds leaving the country
All areas of economic activity in the country have high levels of underinvestment, particularly infrastructure
The phased removal of the ban comes after the neighbouring country struggled to meet local demand for vegetables
The private healthcare sector and medical aid schemes have warned that, if they are excluded, it would damage the entire system
The real estate financial services provider says it has recorded strong returns – but losses were incurred in its US medical properties
A new study by the Financial Sector Conduct Authority reveals that 67% of customers surveyed expressed buyer’s remorse
There are ways for start-ups and small and medium enterprises to avoid financing problems
The completion of Westown Square marks a milestone in the development of the new urban mixed use development in KwaZulu-Natal
The monetary policy committee said it remains vigilant amid risks to inflation outlook on the global and domestic front