A bigger alliance will give the group extra economic heft, but it remains to be seen whether its members can speak in one voice
Whatever hope was ignited among investors by the idea of a Ramaphosa presidency has mostly been snuffed out
The recent rand crash has led some to believe another 50 basis point rise is on the horizon, despite a view that further hiking will do little to tame inflation
The currency, which is usually a bellwether for other emerging markets, has diverged from global trends – thanks in large part to
the energy crisis
The US ambassador’s allegations against South Africa come as a push to expand the Brics bloc’s influence threatens to force a new world order
In early 2021, the country agreed to be a guinea pig for a new approach to tackle sovereign debt
The president has been burned before by his administration setting expectations too high. The past five years has put the country’s real prospects into focus
The architecture of the global financial system hurts emerging market economies but the alliance has yet to offer an alternative
President announces reforms aimed at attracting investors to the country as he opens conference
Governor Lesetja Kganyago underlined the deleterious effect of inflation, which the monetary policy committee has revised higher, on the pockets of the poor
Anxiety about governance failures stands to limit our options, just when we need an alternative direction the most
As the deteriorating economic conditions threaten to ignite another bout of social upheaval, we should consider our options for a co-ordinated blaze
There are opportunities for Brazil, Russia, India, China and South Africa and and developing countries
The government has struggled to claw back business confidence after the state capture years.
Finance Minister Enoch Godongwana said ending blackouts is at the top of the government’s priorities as the country grapples with tough economic conditions
Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around
A year into Hakainde Hichilema’s first term as president reveals he is more interested in colluding with the West and dividing the country along ethnic lines
Growth in the third quarter is encouraging, but analysts have cautioned against viewing the data as a sign of the economy’s improved health
The country’s precarious growth means that, even as inflation cools, it is vulnerable to shocks
Borrowers face another 75 basis point repo rate hike this week, as inflation looks to stay uncomfortably high
South Africa and Senegal, as AU chair, are attending the important summit of the leaders of the big industrialised nations
But forecasters are expecting the jobless rate to stay elevated, as load-shedding and inflation take their toll
South Africa’s fate is tied to China’s, but war-related disruptions in the global energy market keep exports going
The rand has managed to withstand even the strongest global headwinds, but it is unlikely it will continue to hold steady in the wake of the Fed’s aggression
High prices have been more stubborn than previously expected, forcing monetary policymakers to react
French troops have now begun to leave Mali, but they are not returning to France. They will be sent to neighbouring Niger
With the prosperity of the 1970s a thing of the past, the International Monetary Fund-authored austerity of the 1980s gave birth to the hybridised fuji music
Central banks massively underestimated inflation risks as economies bounced back from the pandemic-induced slump
Because foreign aid is not effective in helping African countries achieve their development goals, the ‘aid sector’ needs to be reformed
Wealthier countries need to give emerging economies three resources: time to adapt, financial support and policy assistance
The economy grew for the fourth consecutive quarter, but the country is playing catch-up to its peers
The allocation of special drawing rights is based on the size of a country’s economy, which means the richest countries on the African continent will get the lion’s share