South Africa imports more than 60% of its olive oil supplies from Europe where climate conditions are worsening
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Statistics South Africa data released on Wednesday showed that the CPI annual rate was 5.1% in June compared with 5.2% in May
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The dialogue can only be meaningful if poor people, the unemployed and workers can genuinely participate in it
Economists say the government can expect to incur inflationary and exchange rate costs from the move
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Consumer inflation remains sticky above the 4.5% midpoint of the central bank’s target range
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President Cyril Ramaphosa said South Africa aims to reach net-zero carbon emissions by 2050 but that will require finance and partnerships
The ‘old fashioned’ carrier is still struggling for passengers
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White maize prices are likely to be 30% higher, with yellow maize up by 20%
Farmers want Agriculture Minister John Steenhuisen to visit areas in the province where potato and tomato crops, in particular, have been hit
The FSCA suspended Global & Local’s licence in March after a probe into the ties between its founder, Michael Haldane, and convicted fraudster Craig Warriner
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The big players have launched township e-commerce initiatives but existing businesses already have a good handle on the space
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Small-scale and black-owned sugarcane farmers along with land reform beneficiaries have received R238.9 million in funding for transformation, but transparency has now become an issue
Godongwana has pursued the austerity measures implemented by his predecessors to reduce debt and Ramokgopa is partly credited with the current relief from load-shedding
The company has welcomed the removal of concessions that will make it more expensive to buy apparel from international online retailers such as China’s Shein and Temu
A survey found that residential rental vacancies had dropped to their lowest level since 2016, as buying becomes less attainable
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Unions say the company is keeping its workforce as casual labour to grow profits, in line with a trend in the transport sector
President Cyril Ramaphosa’s Operation Vulindlela is forging ahead with its next phase amid ongoing wrangling over positions in his executive
Sibanye-Stillwater, which is at the centre of the debate on excessive pay for executives, has had its remuneration report rejected three years in a row
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The province’s economy has struggled amid infrastructure and governance failures
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The smooth transition is raising hopes of improved economic growth and outlook
Still-sticky inflation could further delay long-awaited interest rate cuts
The labour movement helped end apartheid and usher in Mandela’s coalition government. Its currently diminished position is cause for anxiety as the ANC forges new political alliances
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The grocery retailer grew online volumes by 463%, albeit from a low base
The South African Chamber of Commerce and Industry’s business confidence index fell in April and May, ahead of the elections, snapping a rally that dated back to November 2023
The tariffs hamper efforts to grapple with climate change, including by reducing greenhouse gas emissions
As coalition discussions intensify, the party could end up making significant policy concessions to navigate South Africa’s uncertain future
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The Financial Stability Review highlights resilience, but warns of geopolitical risks and high government debt exposure
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Earlier this year, the ratings agency warned that a significant increase in the government’s debt-to-GDP ratio could knock its credit rating
The economy did not benefit from the suspended load-shedding initiated in early April
As the 14 days to announce a coalition government commences, investors are nervous and the rand is flat
The family’s decision to relinquish control over the grocery retailer gives their new chief executive more room to turn the business around
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Heads of state met at the African Development Bank’s gathering this week, where they mulled an overhaul of the world’s financial architecture
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