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. …
South African economy
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BusinessDiplomacyEconomyGovernment PolicyInternational RelationsInternational TradeSouth Africa
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EconomyEnergyEnvironmentINVESTMENT
South Africa Pushes Mining, Petroleum Reforms Ahead of African Mining Week
South Africa is getting ready to present major changes to its mining and petroleum policies during the upcoming African Mining Week (AMW), which is scheduled to take place from October …
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EconomyLabourManufacturingSouth AfricaTrade and Commerce
Potential Deadlock in South Africa’s Auto Sector Wage Talks
South Africa’s automotive sector, a vital part of the country’s manufacturing landscape, faces a possible shutdown as wage negotiations reach a critical point. The National Union of Metalworkers of South …
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BusinessEconomyFinance & ServicesNewsPoliciesSouth Africa
South Africa’s Inflation Holds Steady at 2.8% in May
South Africa’s headline inflation rate remained unchanged at 2.8% year-on-year in May 2025, according to data released on Wednesday by Statistics South Africa. The figure matches the April reading and …
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BusinessEconomyFinance & ServicesPoliciesSouth Africa
South Africa’s Rand Weakens Slightly Ahead of Interest Rate Decision as Markets Watch SARB Closely
The South African rand opened weaker on Tuesday morning as financial markets turned their focus to the upcoming interest rate decision by the South African Reserve Bank (SARB),the rand was …
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EconomyFinance & ServicesGOVERNMENTInternational RelationsPoliciesSouth AfricaTrade and Commerce
South African Rand Gains Slightly as Ramaphosa Confirms Meeting with U.S. President
The South African rand gained a bit of strength on Thursday morning, trading at 18.22 to the U.S. dollar around 6:22 a.m. GMT. This marks a 0.3% improvement from where …
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The South African rand strengthened against the U.S. dollar on Wednesday, as market uncertainty shook the greenback due to concerns about U.S. tariffs and the political situation in South Africa. …
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BusinessEnergyGOVERNMENTSouth AfricaSouthern Africa
South Africans Grapple with Escalating Electricity Tariffs Amid Economic Strain
In a move that has intensified the financial strain on many households, South Africa is set to implement a 12.7% increase in electricity tariffs effective April 1, 2025—a date dubbed …