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
In this instalment of The Fiscal Cliff – a Mail & Guardian series on how South Africa’s budget has been shaped – Sarah Smit considers the intimate link between the country’s ultra-high unemployment rate and austerity
They allege they contracted incurable lung diseases while working on mines and want compensation for the harm caused to their health
In an interview, Sibanye-Stillwater CEO Neal Froneman also refutes the view that South Africa’s biggest mining employer is overextended
Start-ups that won the Irish Tech Challenge want to expand their enterprises to the European Union
Domestic constraints on the industry may be easing, but this will do little to counteract the effect of the commodity price slump
The leading coal exporter is not giving up, even as local logistics constraints and falling prices bear down on sales
The government’s efforts to liberalise the country’s energy market is nothing to be scoffed at, experts say
Speaking during the opening ceremony of the Mining Indaba, the president emphasised that work is underway to unlock investment
The department of mineral resources and energy had hoped to finalise the long-awaited energy plan by May but the call for public comment has been extended
The industry has struggled in the face of energy and logistics constraints, but signs of progress have stirred cautious optimism
New millionaire residents will surge by 85% in 2033, making it one of the Brics nations fastest growing wealth hubs
Makana’s budget, and those of most municipalities, need monitoring and the corrupt and wasteful held to account
The International Monetary Fund has slashed South Africa’s 2024 growth forecast as the country’s economy grapples with logistics constraints
Delegates from 40 African countries are in Durban to strengthen the agreement to boost intra-African trade
Lower prices are good insofar as inflation is concerned but they suggest that economic troubles lie ahead
The local currency could be in for more volatility as political push-and-pull raises uncertainty
David Fowkes, who was appointed as an adviser to the governors last December, has worked for the Reserve Bank since 2013
Governor Lesetja Kganyago suggested the central bank will look for the inflation rate to fall within its target before it administers relief
After the release of the December inflation data, Investec chief economist Annabel Bishop said the Reserve Bank is likely to remain hawkish amid upside risks
Last week, South Africans got a taste of the kind of influence economists hold, despite them being part of an often fallible tribe
Investors will struggle to look beyond the country’s energy and logistics crises
The finance minister was speaking on a panel in Davos about the expansion of Brics
Dock workers are demanding transparency over Transnet’s partnership with the Filipino container company and an assurance there will be no retrenchments
A new report from the World Economic Forum shows that Africa is most vulnerable to health-related losses
The M&G’s basic food basket survey shows that supermarket prices don’t always drop when those at fresh produce markets do
Finance Minister Enoch Godongwana noted that South Africa’s position on Israel’s occupation of Palestine has always been clear
The draft IRP 2023 scales back renewable projects viewed as a key source of economic growth