Google Cloud opens its first African region in Johannesburg

Siphelele Dludla|Published

Google Cloud's launch of its first African region in Johannesburg marks a historic $1 billion investment in Africa's digital future. The facility is projected to ...

Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures

Siphelele Dludla|Published

The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict ...

Reserve Bank expected to keep interest rates on hold amid VAT, inflation pressures

Siphelele Dludla|Published

The South African Reserve Bank faces a crucial decision on interest rates as inflation continues to challenge economic stability. Here's what economists predict ...

Google launches R2. 5bn cloud region in Johannesburg, heralding a new era for Africa

Siphelele Dludla|Published

Google's landmark R2. 5 billion investment in a new Cloud region in Johannesburg marks a transformative moment for Africa's digital future. The infrastructure project ...

South Africa's consumer inflation remains steady at 3. 2% amid rising production costs

Siphelele Dludla|Published

South Africa's economic landscape is experiencing varied inflationary pressures across different sectors, demanding attention from both policymakers and consumers. ...

Moody’s and Fitch see South Africa’s debt burden outpacing Budget forecasts

Siphelele Dludla|Published

Credit ratings agencies Moody's and Fitch have challenged South Africa's National Treasury projections, warning that government debt will stabilise at higher levels ...

FSCA's review reveals critical gaps in banks' complaints handling processes

Siphelele Dludla|Published

The Financial Sector Conduct Authority's latest review exposes significant shortcomings in South African banks' complaint management systems, highlighting issues ...

Analysts revise South Africa's inflation outlook amid cautious optimism

Siphelele Dludla|Published

South African financial experts have adjusted their inflation expectations downward for 2025, with the Bureau for Economic Research's latest survey showing a decrease ...

Standard Bank Group deputy CEO Kenny Fihla resigns after 18 years

Siphelele Dludla|Published

Standard Bank Group announces the unexpected resignation of Deputy CEO Kenny Fihla after 18 years of service. Under his leadership, the Corporate & Investment Banking ...

South Africa urged to establish stronger US trade relations as Agoa benefits at risk

Siphelele Dludla|Published

Senator Marco Rubio responds to controversial claims about Donald Trump's campaign strategy, challenging assertions about 'white victimhood' and 'supremacist instinct' ...

Budget: Godongwana charts a recovery path for South Africa amid fiscal challenges

Siphelele Dludla|Published

South Africa's latest budget speech reveals bold steps to address fiscal challenges, including VAT reforms and structural changes aimed at stimulating economic recovery. ...

EU pledges R93. 5bn investment package to support South Africa in strategic investment initiatives

Siphelele Dludla|Published

The European Union has pledged €4. 7 billion (R93. 5bn) to support South Africa's strategic projects, focusing on green energy transition, digital connectivity, ...

South Africa grapples with declining mining and manufacturing outputs as economic challenges intensify

Siphelele Dludla|Published

South Africa's economic challenges deepen as both mining and manufacturing sectors record significant declines in January 2025, with mining production falling 2. ...

Tongaat Hulett gears up for a strong 2025/26 sugar season with R460 million infrastructure investment

Siphelele Dludla|Published

Tongaat Hulett demonstrates commitment to South Africa's sugar industry with a R460 million investment in facility upgrades, supporting over 25,500 jobs and processing ...

Government allocates R11bn for early retirement of 30 000 public employees

Siphelele Dludla|Published

The National Treasury has allocated R11 billion to facilitate early retirement for 30 000 public servants over two years, aiming to reduce wage costs and rejuvenate ...

Treasury to overhaul budget process, considers fiscal anchors amid rising debt burden

Siphelele Dludla|Published

National Treasury launches major budget overhaul amid concerns over rising government debt, with new fiscal anchors proposed to enhance public sector efficiency ...

Budget 2025: Government allocates R11bn for early retirement of 30,000 public employees

Siphelele Dludla|Published

The National Treasury has allocated R11 billion to facilitate early retirement for 30,000 public servants over two years, aiming to reduce wage costs and rejuvenate ...

Budget 2025: Government allocates R11bn for early retirement of 30 000 public employees

Siphelele Dludla|Published

The National Treasury has allocated R11 billion to facilitate early retirement for 30,000 public servants over two years, aiming to reduce wage costs and rejuvenate ...

Treasury forecasts 1. 9% GDP growth by 2025 as South Africa's economy is set for recovery

Siphelele Dludla|Published

South Africa's National Treasury forecasts 1. 9% economic growth for 2025, as Finance Minister Godongwana unveils ambitious structural reforms and infrastructure ...

Budget 2025: Godongwana warns of possible reductions amidst deteriorating fiscus

Siphelele Dludla|Updated

Finance Minister Enoch Godongwana presents a transformative 2025 Budget featuring gradual VAT increases and significant expenditure adjustments to address South ...

Godongwana urged to cut spending over tax hikes amid economic crisis

Siphelele Dludla|Published

As South Africa faces a critical R60 billion budget shortfall, Finance Minister Enoch Godongwana navigates controversial proposals including VAT increases and welfare ...

IMF advises South Africa on structural reforms to boost economic growth

Siphelele Dludla|Published

The International Monetary Fund strongly endorses South Africa's structural reforms while calling for more aggressive measures to address the R6 trillion national ...

US foreign policy expert warns South Africa of potential reprisals for Iran ties

Siphelele Dludla|Published

South Africa faces potential US sanctions and severe diplomatic consequences if it maintains trade relations with Iran, warns foreign policy expert Prof. Michael ...

Retail sales rise modestly as consumers seek value amidst economic challenges

Siphelele Dludla|Published

South Africa's retail sector demonstrated resilience in 2024, with FMCG spending reaching R637 billion despite economic pressures. While private labels showed strong ...

The rand weakens amid Trump’s funding freeze and controversial land claims

Siphelele Dludla|Published

The South African rand weakened by more than 1% following Donald Trump's announcement to cut all federal funding to South Africa, amid escalating tensions over land ...

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