Commodity Boom

Labour federations Cosatu and the South African Federation of Trade Unions have led calls for a budget that addresses massive unemployment and weak growth

The fund, announced by President Cyril Ramaphosa in 2020, may have helped protect the fiscus from a long-term debt crisis

Among state-owned entities, the beleaguered power utility is far and away the biggest risk to the public purse

Mining windfall helped SA’s financial position, but lower revenues and additional spending will delay the end of fiscal consolidation

The currency, which is usually a bellwether for other emerging markets, has diverged from global trends – thanks in large part to the energy crisis

Companies are withholding investment – despite the commodity boom’s bounty – in the face of constraints to exports and exploration

Logistical constraints caused production to fall 6% in 2022, according to the mining industry employer organisation

Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around

The industrial action is the latest in a series of economy-hitting upsets for the state logistics company

The company’s earnings have soar given the energy crunch caused by Russia’s war on Ukraine — and it’s betting on another fossil fuel to carry it into the future

Enoch Godongwana is currently seized with preparations for the medium-term budget, which will give details on whether fiscal stability is still possible

South Africa’s fate is tied to China’s, but war-related disruptions in the global energy market keep exports going

The mine’s two largest unions have accused it of being the ‘worst employer among workers’ and are threatening a secondary strike.