South Africa’s economy grew 0.4% in the second quarter of 2024 – Stats SA
South Africa's economy grew by 0.4% in the second quarter of 2024, driven by finance, trade, and manufacturing sectors, according ...
Tag: Economy
South Africa consumer inflation drops to 4.6% – Here’s how this impacts your life
A lower inflation rate means that the prices of goods and services are not increasing as quickly, which can have ...
Eskom could increase electricity prices by 36% in 2025: Here’s what you must know
This proposed hike comes on the heels of the already approved 12.74% increase for 2024/2025.
SARS announces changes to customs import system: Here’s what you must know
SARS has rolled out a series of updates to its customs import system, focusing on modernising how goods are brought ...
TotalEnergies abandons offshore gas discoveries: Here’s what it means for South Africa
The withdrawal of TotalEnergies from these offshore gas projects has significant implications for South Africa.
Repo rate remains unchanged: Here’s everything you must know
Four members voted to keep the rate unchanged, while two preferred to cut it by 25 basis points.
Fitch Ratings courts backlash with eyebrow-raising ANC coalition analysis
Fitch Ratings faced criticism for suggesting that a coalition between the ANC and the DA would be the best outcome ...
Repo rate update on Thursday, 30 May 2024
The South African Reserve Bank announced the repo rate remains unchanged at 8.25%. Learn how this decision affects your daily ...
Consumer price index dropped to 5.2% in April 2024
The headline inflation rate for all urban areas in South Africa dropped to 5.2% in April 2024, down from 5.3% ...
Rolex exits South Africa’s luxury market after 76 years
After 76 years, Rolex is closing its Sandton office.
Amazon officially launches in South Africa: Here’s what you must know
Amazon.co.za is now live, bringing a diverse selection of products and enhanced shopping services to South African customers.
Is Shell leaving South Africa? – Here’s what you must know
Shell plans to divest its majority shareholding in its South African downstream unit, ending over a century of operations in ...
New study reveals 20 million South Africans struggle to afford electricity
Over 20 million South Africans face affordability issues with electricity amid rising tariffs, according to a new study.
The Companies Amendment Bill could be adopted today: Here’s what it means
The Companies Amendment Bill, which aims to revise corporate governance in South Africa, is up for final adoption today.
New survey shows accountants are migrating out of South Africa – Here’s why
A recent survey found that South African accountants are considering international opportunities due to a myriad of reasons.
2024 Budget Speech: How to watch live in South Africa [video]
Here's how to watch the 2024 Budget Speech live in South Africa, what to anticipate from the fiscal plans, and ...
South Africa’s ‘expanded’ unemployment rate drops to 41.1%
South Africa's expanded unemployment rate decreased by 0.1 of a percentage point to 41.1% in Q4: 2023 compared to Q3: ...
UK economy enters recession: Does this spell doom? – Here’s an explainer
The term 'recession' often triggers alarm, but what does it actually mean?
SANRAL set to enforce 6.25% toll tariff hike soon: Here’s what you must know
Coupled with the toll tariff hike, this creates a compounded impact on the daily expenditures of South Africans.
SONA 2024: How to watch live in South Africa [video]
Here's how to watch SONA 2024 live. We also cover five key issues President Cyril Ramaphosa is expected to address.
City of Cape Town prepares to auction this Foreshore Tower site
The City of Cape Town has unveiled details about an upcoming auction for the lease of this prime Foreshore Tower ...
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