As top finance ministers from around the world gather at a beachside resort in South Africa for the G20 summit, the host nation is struggling to keep its agenda on …
ENOCH GODONGWANA
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DevelopmentEconomyInternational RelationsPoliticsTrade and Commerce
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AfricaAFRICA NEWSBusiness and EconomyEconomyMarketsPoliciesSouth Africa
South African Rand and Bonds Strengthen on Optimism Over Possible Inflation Target Cut
South Africa’s financial markets showed signs of renewed strength on Tuesday, as the rand firmed and government bonds rallied, supported by growing investor optimism that the country could be moving …
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BusinessEconomyGOVERNMENTInternational RelationsPoliciesPolitics
South Africa’s Government of National Unity One Year After: Has It Delivered?
Nearly one year after South Africa’s Government of National Unity (GNU) was formed, many citizens and political observers are asking the same question: has this historic political partnership achieved its …
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EconomyGOVERNMENTMarketsPoliticsSouth Africa
Rand Edges Up as South African Parliament Prepares Budget Vote.
The South African rand opened slightly stronger on Wednesday morning as anticipation built around a crucial parliamentary vote on key budget legislation that could shape investor confidence and influence local …
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EconomyEnergyFinance & ServicesLeadershipMarketsPoliticsSouth AfricaTrade and Commerce
Rand Holds Firm as Ramaphosa-Trump Meeting Overshadows South Africa’s 2025 Budget
South Africa’s currency, the rand, remained largely stable on Thursday despite political tension triggered by a controversial encounter between President Cyril Ramaphosa and U.S. President Donald Trump, which took the …
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EconomyFinance & ServicesFood ProductionGOVERNMENTPoliciesSouth Africa
South Africa’s Inflation Rises Slightly in April Amid Food Price Pressure and Speculation Over New Target
Inflation in South Africa rose slightly in April 2025 due to higher food prices, although it remained below the central bank’s official target range. This is according to new data …
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AfricaEconomyFinance & ServicesGOVERNMENTInternational RelationsMarketsSouth AfricaTrade and Commerce
South Africa’s Rand Steady Ahead of Budget Speech and Ramaphosa-Trump Meeting
South Africa’s rand held steady on Tuesday as investors waited for key events later in the week, including the national budget speech and a meeting between President Cyril Ramaphosa and …
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AFRICA NEWSEconomyPolicies
South Africa finance minister says dropping VAT hike would have severe consequences
South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …
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EconomyFinance & ServicesGOVERNMENTPolitics
South Africa’s two biggest parties yet to reach pact on budget
South Africa’s two biggest political parties, the African National Congress (ANC) and the pro-business Democratic Alliance (DA), are still struggling to reach an agreement on the national budget. The deadlock …
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Finance Minister Enoch Godongwana and Public Enterprises Minister Pravin Gordhan met with World Bank president David Malpass on Saturday to finalise funding to convert the recently decommissioned Komati coal power station …