South African inflation expectations rose for the next two years, affirming predictions that the central bank will prolong its most aggressive rate-hiking cycle in at least two decades. Average inflation …
South Africa
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Job cuts at one of South Africa’s biggest companies
by Editorby EditorBritish American Tobacco South Africa (BAT) says it has started a Section 189 retrenchment process which could impact 200 jobs. BAT is the fourth largest company in South Africa when …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
South Africa Energy CEO Poisoned with Cyanide in his Coffee
by Editorby EditorThe CEO of one of Africa’s biggest energy producers has survived an “attempt on his life,” after he was served a cup of coffee laced with cyanide, according to numerous …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
South Africa’s economy hangs in the balance as energy crisis persists
by Editorby EditorSouth Africa can have good policy on paper, but it is useless if the country’s crime and electricity crises persist, Finance Minister Enoch Godongwana told the South African delegates attending …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
South Africa in a state of crisis – Busa
by Editorby EditorBusiness Unity South Africa (Busa) said that South Africa was in a state of crisis. Eskom Holdings SOC Ltd.Lucas Maluleke and his son, Hlanganiso. The business organisation said that the …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
South African Factory Activity Expands in December Absa PMI
by Editorby EditorSouth African manufacturing activity expanded in December but business activity deteriorated further in the month due to persistent rotational power cuts, a survey showed on Friday. The seasonally adjusted Absa …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Government ready to launch state bank for South Africa
by Editorby EditorMinister of Communications Khumbudzo Ntshavheni says that the Postbank is ready to take up the role of a state bank in South Africa, with plans underway to roll out 100 …
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Samsung and Apple make the world’s favorite smartphones, but companies like Xiaomi, Vivo, and Oppo are becoming more popular. Data from Statcounter Global Stats and counterpoint research shows that Apple and Samsung …
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Numerous South Africans have complained about problems accessing YouTube content in the past few days. Users have reported the platform has been loading video content very slowly when using certain …
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BusinessSouth AfricaTechnology
Huawei declares it’s third straight quarter of growth after overcoming a plethora of US
Huawei posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year. The company’s sales rose 7.2% to 191 billion …