South Africa’s consumer price inflation eased slightly, as expected, in December to the lowest level in seven months, mainly due to a moderation in transport charges, figures from Statistics South …
Southern Africa
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Inflation Expectations Climb Before South African Rate Decision
by Editorby EditorSouth 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 …
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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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AFRICA NEWSSouth AfricaSouthern Africa
South African president reelected leader of ruling ANC party
by Editorby EditorSouth African President Cyril Ramaphosa has been reelected as the leader of the ruling African National Congress party. Ramaphosa beat his rival, former Health Minister Zweli Mkhize by 2,476 votes …
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AfricaAFRICA NEWSSouth AfricaSouthern Africa
Activists say Amazon is building on sacred land in South Africa
by Editorby EditorA group of activists is bringing a dispute from South Africa’s Cape Town to Amazon’s Puget Sound headquarters, hoping to stand in solidarity with some Indigenous people and appeal directly …