The consumer price index rose 5.6% year-on-year in February and was at 1.0% month-on-month
The trade and industry minister said the country’s logistics and energy problems are standing in the way of new entrepreneurs
Hotspots around the world are struggling to strike the balance between growing their tourism industries and protecting locals’ pockets
The president reappointed Reserve Bank governor Lesetja Kganyago, as well as deputy governors Fundi Tshazibana and Rashad Cassim
Despite problems in Nigeria, the bank said it anticipates more growth from its Africa operations
Kgathatso Tlhakudi said the allegations of an irregular selection process and the undervaluation of SAA assets to unfairly enrich selected ‘oligarchs’ should be spotlighted
Negotiations between government and the Takatso Consortium fell apart, leaving the national carrier’s future back in the state’s hands
High living costs in the Mother City are driving people to other parts of the country
South Africa risks falling behind as much of the rest of the world embraces industrialisation to grow and protect economies
Having its roots in gold, the diversified mining company has been shielded from the PGM price crash
Shored up by higher borrowing costs, South Africa’s banking sector seems to have to weather the 2023 economic storm
The transport and mining industries were the key contributors to fourth quarter GDP growth
Motorists are in store for another price hike come Wednesday
According to economists, the country’s fourth-quarter GDP numbers will have been buoyed by a winding down of power outages
Plans are underway to develop new container terminals at the ports of Richards Bay and Durban, and to relocate the SA Navy Base from Salisbury Island
South Africa no longer purely marketed as a leisure destination, but as a country of choice for conferences and exhibitions
A report suggests that government could save R150 billion in wasteful expenditure if it stopped overpaying its contractors
According to the treasury, the country’s authorities still need to fulfil 17 tasks in its 22-point plan
The employees have won an appeal against WNS after being unfairly dismissed during the implementation of a labour outsourcing agreement
Commentators are cautiously positive about the treasury’s decision to use the Gold and Foreign Exchange Contingency Reserve Account
The 2024 budget is Duncan Pieterse’s first as director general. And he says the fiscal framework does not constitute a negotiating position
Additional funds have been allocated to pay teachers, doctors, nurses and police officers but productivity is not always commensurate with salaries
A proposed R6.9 billion is to be allocated over the next three years to prepare for the rollout of the system across the country
The incentive is aimed at encouraging investments in local production
The budget points to state-owned entity bailouts as a key driver of South Africa’s increasingly constrained fiscal position
The term’s of its extension beyond 2025 have yet to be agreed on, but the treasury has made provisional allocations for the grant
The South African Revenue Service has turned to salaried workers and professionals to buoy revenue collection but is also targeting multinationals posting profits abroad
The decision follows pressure from civil society and labour — as well as warnings that the treasury risks leaving the Reserve Bank in a precarious position
Minister of Finance, Enoch Godongwana, will present the 2024 Budget Speech at the Cape Town City Hall
The country’s jobs data comes the day before the tabling of what looks to be another tightly managed budget
And there are fewer journalists to hold policymakers accountable for this decline
The budget is expected to lay out plans to raise R15bn in revenue, amid a commodity-induced slump