South Africa’s rand made gains on Monday, strengthened by a surge in gold prices and growing optimism about a potential agreement between the country’s two largest political parties on the …
BusinessEconomyFinance & ServicesMarketsPolitics
Tag:
South Africa
- BusinessEconomyManufacturingPolitics
South Africa’s Manufacturing Sector Faces Challenges but Sees Slight Improvement
In March, South Africa’s manufacturing sector continued to face challenges, according to the latest Purchasing Managers’ Index (PMI) survey. The index, which measures the performance of the manufacturing industry, showed …
- AfricaALGERIABusiness and EconomyEgyptFinance & ServicesMoroccoNigeriaTANZANIA
Africa’s Billionaires’ Wealth Reaches $105 Billion; Dangote Leads for 14th Year
Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyINVESTMENTSouth Africa
South African Rand Rises as Gold Prices Hit Record High
The South African rand edged higher today, March 18, 2025, gaining 0.4% to trade at 18.0175 per U.S. dollar, following a strong rally in gold prices. Gold soared to an …
- AfricaBusiness Policies
Insights from Andre de Ruyter to Prevent a Zimbabwean Scenario 2.0
by Editorby EditorIn a thought-provoking column published in Rapport, former Eskom CEO Andre de Ruyter, currently a senior fellow at Yale’s Jackson School of Global Affairs, shares valuable insights on steering South …
- AFRICA NEWSSouth AfricaSouthern Africa
Gold mine revamp led by South African tycoon Neal Froneman puts 2,970 jobs at risk
by Editorby EditorSibanye-Stillwater, the South African multinational precious metal mining company under the leadership of leading businessman Neal Froneman, has announced a significant restructuring plan for one of its gold mines, potentially affecting …
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 …
Taiwan Semiconductor Manufacturing Co. kicked off mass production of 3-nanometre chips, seeking to keep its place as the dominant supplier of the world’s most advanced semiconductors. TSMC joins Samsung Electronics …
- BusinessFinance & ServicesManufacturingSouth Africa
SA’s largest sugar producer gets money from IDC to complete it’s milling season
SA’s largest sugar producer, Tongaat Hulett, has received an undisclosed sum from the Industrial Development Corporation (IDC) to help it complete its milling season and do maintenance. Tongaat was place …
Twitter suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours …