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latest news & developmentsFinancing Africa’s sustainable growth: strategies and outlook
Insights into improving Africa’s attractiveness for investment through governance, education and sustainable trade
NPA must move fast for SA to escape grey list’s grasp
The National Prosecuting Authority is ready to act on state capture crimes but whether it has the ability to do so has been questioned
International case may set precedent in rand-rigging battle
Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013
Foreign investment continues to dip in Nigeria as HSBC, UBS exit
Two global banking giants have closed their offices in Nigeria in yet another blow to the country’s economy
Nigeria orders MTN to refund $8.13bn
This sanction is the latest to hit MTN since it began operations in Nigeria 17 years ago
Liverpool denies Suarez apology forced
Liverpool has denied reports they apologised for Luis Suarez’s conduct at Old Trafford as a result of pressure from shirt sponsors Standard Chart.
GDP slows due to contraction in mining
South Africa’s economic growth rate slowed to 2,1% in the first quarter of 2008 on a seasonally adjusted and annualised basis, official data showed on Tuesday, citing a sharp…
PPI data ‘does not bode well for consumers’
South Africa’s producer price index (PPI) rose by 11,8% year-on-year in March from 11,2% in February, Statistics South Africa data on Thursday showed. Dawie Roodt, economist at…
February PPI ‘a shock to the system’
South Africa’s producer price inflation (PPI) accelerated above forecasts to 11,2% year-on-year in February from 10,4% in January, official data showed on Thursday. Statistics…
Power crisis likely to wipe out surplus
The goal posts for Finance Minister Trevor Manuel’s spending plans in Wednesday’s national budget were carefully placed last October when he revealed his medium-term expenditure…
Trade deficit: ‘SA is now officially in trouble’
South Africa’s monthly trade deficit jumped to a record R14,73-billion in October, compared to September’s R4,3-billion shortfall, the South African Revenue Service said on…
PPI slows to ‘better than expected’ 9,4%
South Africa’s producer price inflation (PPI) slowed to 9,4% year-on-year in August, below forecasts, after a 10,3% increase in July, official data showed on Thursday. On a…
Gloomy numbers cloud SA economic optimism
A string of gloomy data has clouded some of the optimism surrounding the South African economy, raising fears of another interest-rate hike and casting doubt on government growth…