Latest News & Developments
economic growth
Interest rate cut anticipated as inflation declines in South Africa
With inflation figures set to be released alongside National Budget 3. 0, experts predict a possible interest rate cut from the South African Reserve Bank.
eThekwini Municipality and Xiamen: A partnership for cultural and economic growth
The eThekwini Municipality and the City of Xiamen in China celebrated their growing friendship with a cultural exhibition and donation of books, highlighting collaboration in arts, trade and tourism.
How India thrives amid the global tariff war: Lessons for Africa
Amidst the US/China trade war, why is India thriving while Africa struggles? This article explores India's strategic advantages and what African nations can learn from its success
Is South Africa's IT skills shortage hindering digital transformation?
South Africa faces a critical IT skills shortage, threatening its digital transformation and economic growth, with a deficit of 20 000 to 70 000 qualified professionals in key areas like cybersecurity and AI, prompting the need for urgent solutions to bridge this gap
Kashmir terror attack sparks concerns for tourism
The Hindu Dharma Association of SA expresses concerns about the impact of the recent Kashmir terror attack on tourism, highlighting the need for stronger measures against terrorism to protect the region’s economy.
Russia and South Africa pledge closer economic cooperation
The two countries’ foreign ministers have emphasized multilateral coordination at BRICS and the UN.
Amid the turmoil, modest economic growth still expected for South Africa in 2025
Despite recent disappointments, South Africa's economy is set for a modest recovery in 2025, with potential rate cuts from the SARB if inflation remains stable.
2025 Budget | A blueprint for uplifting South Africans and revitalising economic recovery, says Cyril Ramaphosa
President Cyril Ramaphosa outlines the 2025 Budget as a crucial tool for driving development, reducing poverty, and fostering inclusive growth in South Africa, amidst economic constraints.
MK Party criticises Trump's tariffs, warns tariffs would harm white SA farmers the most
US President Donald Trump announced on Wednesday that all US imports will be subject to a base duty of 10%, with higher rates applied to 60 nations, including South Africa.
Exploring economic opportunities: Cape Town and India's growing partnership
Cape Town is positioning itself as a key player in the burgeoning economic partnership between South Africa and India, unlocking opportunities in trade, tourism, and technology.
South Africa's policy uncertainty index plunges to record low as global and local tensions rise
The North West University Policy Uncertainty Index for 1Q 2025 indicates a significant rise to 78. 6, reflecting ongoing economic challenges in South Africa. Professor Raymond Parsons discusses the implications of this record high and the potential for recovery amidst global economic uncertainties.
Minister Barbara Creecy launches initiative to boost private sector involvement in rail and port logistics
Transport Minister Barbara Creecy is calling on private sector expertise to rescue South Africa's struggling rail and port infrastructure, launching a formal process to attract investment and skills while maintaining state ownership of strategic assets.
Budget 2025: A political tug-of-war with your wallet at stake
Finance Minister Enoch Godongwana faces scrutiny over the postponed Budget Speech and proposed VAT hike, as political tensions rise within the GNU regarding economic growth and fiscal responsibility
Are gross domestic product numbers reliable?
Explore the trustworthiness of South Africa's GDP figures and the implications of potential inaccuracies on economic policy
Get ready for the 2025 Cape Town Cycle Tour | a major economic boost
Discover how the 2025 Cape Town Cycle Tour is set to energise local businesses and attract thousands of cyclists from around the globe.
The Expropriation Act: A constitutionally mandated legal process to advance socio-economic development and land distribution
South Africa's new Expropriation Act marks a watershed moment in addressing historical land inequalities while protecting property rights. The Act introduces constitutional safeguards and clear processes for land reform, balancing social justice with economic stability.
SONA Debate | Cogta Minister Hlabisa vows GNU will deliver on SONA commitments
Cogta Minister Velenkosini Hlabisa assured President Cyril Ramaphosa that the Government of National Unity (GNU) will fulfil his SONA commitments so that the promises can become reality.
Electric vehicles should play a bigger role in Africa’s mining sector – and beyond
The African Mining Vision is set to revolutionise the continent's mining sector through electric vehicle adoption and green mineral strategies. This transformation promises to boost economic growth while addressing climate change challenges and creating sustainable job opportunities across Africa.
SA banks face Parliamentary grilling over collusion, anti-competitive practices and racial bias
Will South Africa's Major Banks Be Held Accountable for Allegations of Collusion and Racial Discrimination?
Safeguarding our planet: Dr Iqbal Survé’s vision at the WEF 2025
With an 18-year legacy at the World Economic Forum, Dr Iqbal Survé brings Africa's sustainable development vision to Davos 2025. As Executive Chairman of Sekunjalo Group, his groundbreaking work in renewable energy, aquaculture, and technology showcases how business can drive both profit and planetary preservation. At this year's forum, he champions crucial initiatives that could reshape Africa's role in global sustainability.
Ramaphosa emphasises teamwork between government and businesses to tackle challenges, noting collaboration has eased load shedding
President Cyril Ramaphosa emphasises the importance of partnerships in addressing South Africa's challenges and promoting inclusive growth. He highlights progress in areas like energy, infrastructure, and job creation through collaboration between government, businesses, and communities.
World Bank warns of stagnant global growth, particularly in developing economies
The World Bank has issued a stark warning regarding the state of the global economy, projecting that growth will remain stable this year, but at historic lows.
China unveils results of 5th national economic census
The census results reflected that China has witnessed a significant increase in the number of entities and persons employed in secondary and tertiary industries.
Paul Mashatile salutes Chinese enterprises for contribution to South Africa’s economy and job creation
Chinese Ambassador Wu Peng said more than 200 Chinese enterprises are operating in South Africa, with total investments surpassing US$10 billion.
Xi Jinping says China will continue to be 'biggest engine' of world economic growth
The Chinese president welcomed international economic organisations to continue to actively participate in China-proposed Belt and Road Initiative and promote the modernisation of all countries in the world with peaceful development, mutually beneficial cooperation and common prosperity.