Economic Impact
latest news & developmentsAs one National Arts Festival ends, the next begins
As the curtains close on another successful National Arts Festival in Makhanda, outgoing CEO Monica Newton reflects on its enduring legacy, the challenges of sustainability, and…
How a distant war is deepening South Africa’s energy poverty
A distant conflict in the Middle East has triggered the largest oil supply disruption ever recorded, leading to soaring fuel prices in South Africa and exposing the country's…
Trump announces 30% reciprocal tariffs for SA imports
The United States president said ‘some bad things’ are happening in the country
Mozambique election: Frelimo’s Daniel Chapo declared election winner amid tension
The party that has ruled Mozambique since 1975 remains popular
Tariffs, tax cuts, energy: What is in Trump’s economic plan?
His tariff plans promise economic benefits, but economists warn they could raise consumer prices, increase inflation, and disrupt global trade
Nelson Mandela Bay faces SIU probe over dodgy street light tenders
An internal report shows that the municipality bungled two tenders related to street lights, one of which exceeded its budgeted amount by R24 million
Reserve Bank hold repo rate steady despite inflation pressures
Governor Lesetja Kganyago said the central bank would wait for the inflation rate to fall within its 3% to 6% target before it makes a cut
Criticism all round of Ramaphosa’s ‘R670 million’ cabinet amid tax burden concerns
An inflated cabinet filled with divergent viewpoints could also be a place in which any serious proposal for reform will go to die slowly, according to one expert
Fighting stunting in children is key to South Africa’s future prosperity
The new government must make zero stunting a funded national priority
How a potential Trump return to power could impact commodity prices and global markets
The Republican candidate is running a tight race against incumbent Joe Biden, who could see his Inflation Reduction Act dismantled
Economic week ahead: Syria, US jobs report to dominate
The spectre of a US airstrike on Syria will loom over global markets as the uncertain implications of military action keep investors jittery.
Market killed the university star
A new book provides a useful critique of the impact the economic-centred society is having on the purpose of higher-education institutions.
Russia’s rich out of money
For the Moscow pensioners gathered next to Karl Marx’s statue on Sunday there was, at last, something to be cheerful about.
Things that go boom!
Lynley Donnelly investigates the reasons behind the quadrupling of the prices of commodities.