SA’s unemployment rate edges up to 32.9%
Jobs were lost in the formal sector, as well as in trade, construction and private households
Finance
The proposed Transformation Fund aims to work with and for black women
It advocates for SMMEs owned by women, addresses problems women have with financing and targets sectors such as agriculture, where women labourers are concentrated
Enlit Africa 2025 Spotlights Investment and Finance as Catalysts for Africa’s Energy Future
Cape Town, South Africa – April 2025 – Enlit Africa, the continent’s premier gathering for the power, energy and water sectors brings a sharp focus on investment and finance to proceedings as pivotal drivers of Africa’s energy transformation. As the energy sector grapples with unprecedented demand, climate imperatives and the push for universal access, this […]
EFF leaders split over national budget, VAT increase
Divisions in the party have emerged over VAT hikes, coalition negotiations, and fiscal policy strategies
2025 Budget Speech Commentary: Economic Policy and Its Impact on Low-Income Households
The budget speech poses an ideal opportunity for us to reflect on the influence policy has on the economic outcomes of all South Africans. The South African economic system remains largely stratified, characterised by the highest proportion of the working class residing in lower income households. Indeed, in the recent past, South Africa has been […]
R60bn shortfall: How the treasury can rethink its economic strategy
The treasury needs to focus on strengthening revenue collection, efficient allocation and optimisation
South Africa’s economy expands by 0.6% in fourth quarter of 2024
The agriculture sector was up 17.2% and was the largest contributor to GDP growth during the period
SA’s G20 presidency a chance to reform global governance
Global financial reforms, action to mitigate and adapt to climate change, a just energy transition and ensuring food security should be central to its work
The future of the African Union: How many more days are left?
Founded on the principles of pan-Africanism 22 years ago, the AU has had its successes, but facing mounting issues of foreign funding, an inability to act on conflicts among member states, and claims it is stiflingly bureaucratic, it risks becoming another relic
Blended finance key to unlocking billions for Africa’s climate tech startups
The need for innovative climate solutions is urgent, and climate tech offers a path towards resilience and sustainability.
Climate financing crucial for Malawi’s agricultural sector
Investments must prioritise climate-resilient infrastructure and climate-smart practices in predominantly subsistence-farming countries
Climate finance still a vital issue at COP28, Creecy says
Developed nations need to deliver on the funds they pledged in the past
Money Talks Podcast Episode 3 | Unlocking women’s financial empowerment
There’s enough out there for all of us
SA’s economy contracts 1.3%, adding to bleak growth outlook
Decline in the country’s GDP – largely due to record-levels of load-shedding – puts the size of the economy back below pre-pandemic levels
Nobody trusts and nobody believes the Sona
We are tired, disillusioned and disbelieving of yet more promises that fail to materialise. That’s the state we’re in
SA must do more to combat corruption if it wants to get climate finance
Africa needs substantial investment for climate change adaptation and mitigation but the continent must have systems in place to ensure the money is not misused
COP27 must work out how to cut carbon and still develop African economies
Negotiations must find pathways for Africa to deliver electricity for economic empowerment while spending less on harmful fuels.
Will South Africa’s ‘green deal’ deliver as promised?
Civil society and affected people must be involved in the development of an investment plan and in discussions with international partners
Godongwana holds off on basic income grant decision, closes taps to state enterprises
Godongwana warns that the outer limits of the budget are non-negotiable as a debt cliff loomed
Godongwana: South Africa needs to reform power industry
The finance minister says the government must build a conducive environment for investment into South Africa
Kagame: Rwanda is paying for the Cabo Delgado intervention’
Responding to widespread claims that France is funding Rwandan forces, the president says ‘no one is sponsoring’ his army
GDP stats: Economy grows, but not enough to secure jobs and long-term recovery
GDP rose 1.2% in the second quarter, but future growth indicators will likely be hit by July’s looting and unrest, as well as a dip in commodity prices
Covid-19 pandemic hurts African farmers’ production, income and food security
Forum urges African governments to enable fair policies that create room for agribusiness to thrive and to consult the sector when formulating these
Economy’s signs of life mean little for the poor
GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed
GDP, recession, JSE, rallying rand … these terms mean very little to unemployed South Africans. This is the real picture of our economy
The economy is not producing work, with many young adults working outside their fields of study or considering leaving the country as a result
Better-than-expected economic growth driven by finance and mining
The economy is still 2.7% smaller than it was in the first quarter of 2020
Big banks under pressure to end fossil-fuel finance
Shareholder engagement on climate-crisis risks is an proving effective tactic to bring about change
What lengths would you go to to pay off your debt?
In this extract, from the anthology Upshot curated by Lauren Beukes, the author imagines rich people and voters at home deciding on his character’s fate
Agriculture eyes rival to Land Bank
The state-owned institution’s financial woes have led farmers and agribusiness to consider making an offer on the bank, starting a cooperative bank or partner with global commodities futures traders
‘SA can’t leave its shift to a low-carbon future to chance’
Innovation and creativity is crucial to guide financing, say experts
Is investing for good reaching its tipping point?
With sustainable investments increasingly outperforming traditional options, millennials – the recipients of the greatest wealth transfer in history – are queuing up to get on board
PPS reports solid operating performance despite tough market conditions
The financial services company was able to allocate R634.6-million to members’ unique profit-share accounts