The South African rand eased slightly in early trading on Thursday, pausing after two straight sessions of gains driven by a softer U.S. dollar. At 06:41 GMT, the rand was …
CommoditiesCurrencyEconomyINVESTMENTMarketsSouth Africa
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South Africa
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AfricaAgricultureEconomic PolicyGovernanceInternational RelationsInternational TradePoliticsSouth Africa
South Africa’s Democratic Alliance Says Trump Tariffs May Stay Without Policy Changes
South Africa’s second biggest party in the ruling coalition, the Democratic Alliance (DA), has warned that the 30% tariff imposed by former United States President Donald Trump on the country’s …
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CurrencyDigital EconomyEconomyMarketsMiningSouth Africa
South African Rand Holds Steady Ahead of Mining and Unemployment Data Release
The South African rand remained stable in early trading on Tuesday as investors awaited key domestic economic data. At 6:18 a.m. GMT, the rand was trading at 17.74 to the …
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Business and EconomyClimateDisaster PreparednessInfrastructureInsurance & Risk ManagementPublic PolicySecuritySouth Africa
SA Insurers Tackle Crime, Climate Risks
South Africa’s property insurance sector is facing fresh challenges as crime rates rise and climate-related disasters become more frequent, forcing companies to change how they assess and price coverage. Industry …
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The Democratic Alliance (DA) held a street march in Gugulethu, Cape Town, on Saturday morning to protest against gender-based violence (GBV) and the ongoing delays in processing DNA evidence, which …
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BankingFinance & ServicesInnovationMobile PaymentsSouth AfricaTechnology
Capitec Unveils Easy Cross-Border Transfers for Africans
Capitec Bank has introduced a new cross-border money transfer service aimed at helping millions of people in South Africa send money to their families and loved ones in other African …
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BusinessDiplomacyEconomyGovernment PolicyInternational RelationsInternational TradeSouth Africa
South Africa Plans Response to Looming U.S. Import Tariffs
The South African government has begun putting together a comprehensive response plan to deal with the growing uncertainty caused by the possible collapse of trade talks with the United States. …
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EconomyEnergyInfrastructureInternational DevelopmentNewsSouth Africa
AfDB, South Africa Sign $474m Energy Transition Loan Deal
The South African government has signed a fresh loan agreement worth US$474.6 million with the African Development Bank (AfDB) to support its ongoing Just Energy Transition (JET) programme. This new …
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AfricaCryptocurrencyEconomyFinance & ServicesInnovationSouth AfricaTechnology
South Africans Turn to Cryptocurrency for Everyday Spending
Cryptocurrency is no longer just something people invest in hoping it will rise in value. In South Africa, digital money like Bitcoin and others are now being used to buy …
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EconomyGOVERNMENTInfrastructureSouth Africa
Court Orders Municipality to Pay R7.5m for Power Repairs
The Mahikeng High Court in South Africa has ordered Ditsobotla Local Municipality to pay over R7.5 million to Kwende Construction CC for emergency electricity repairs carried out in December 2023. …