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
The government needs to form partnerships with communities, including businesses, which should empower employees to create a shared vision of environmental sustainability
Business leaders this Mandela Day should not look outward for charitable opportunities, but rather inward towards the transformations required from businesses themselves
Within the industry, citrus and table grapes will bear the brunt of the punitive measure
The levies could wipe out the modest gains expected this year, hitting key sectors such as vehicles, wine and citrus the hardest
AfriMarkets distances itself from the company as its own licence is provisionally withdrawn
Africa’s most prestigious horseracing event returns with fashion, flair and high-stakes racing
There is not enough transparency and the funds would be better spent on health and education
By the third quarter of 2023, about 92% of South African internet users were gaming across various devices
In the banking division, customers complained mostly about FNB followed by Standard Bank, Nedbank and Absa
The findings challenge stereotypes, showing a generation that’s resourceful, pragmatic and shaping its own financial future