The World Bank has identified two major obstacles holding back South Africa’s economy: excessive regulatory rules and cumbersome Black Economic Empowerment (BEE) laws. In a recent...
In a significant blow to South Africa’s industrial sector, ArcelorMittal South Africa (AMSA) has announced the closure of its Longs Steel business, despite extensive efforts by the government to...
South Africa’s Public Investment Corporation (PIC), the country’s largest pension fund manager, is expanding its investment footprint across Africa, deploying over R8 billion in private credit...
South Africa’s economy is in the spotlight as investors watch key business cycle indicators and a government bond auction, while the rand strengthens despite global uncertainty....
With South Africans already burdened by economic challenges, a proposed VAT increase could have devastating consequences, particularly for the poor. Ahead of the Budget Speech 2.0,...
South Africans are up in arms over the African National Congress (ANC)’s proposed increase in the value-added tax (VAT) rate, which is intended to fund above-inflation...
South Africa’s government is spending more than ever, yet the economy is struggling. Without meaningful growth, the country’s shrinking fiscal multiplier is placing the nation’s financial...
South African businesses are grappling with uncertainty after Finance Minister Enoch Godongwana postponed the national budget speech to March 12, 2025—an unprecedented move triggered by coalition...
Johannesburg, South Africa’s largest city and economic powerhouse, is in deep crisis. The roads are deteriorating, electricity supply is failing, and water shortages are becoming the...
South Africa’s economy is at a critical crossroads, and the World Bank is calling for urgent, short-term reforms to drive inclusive growth. In its latest report,...