Finance Minister Enoch Godongwana has firmly rejected calls for his resignation following the government’s decision to reverse a proposed increase in value-added tax (VAT). Despite widespread...
South Africa’s economic landscape continues to shift, with BankservAfrica reporting a decline in the country’s average nominal take-home pay in March 2025. The figure slipped to...
The cracks in one of South Africa’s most vital economic pillars are starting to show. The mining industry, long regarded as a cornerstone of the national...
South Africa’s business community has welcomed the government’s decision to scrap the proposed VAT increase—but warns that the fiscal challenges behind the move are far from...
South African fund managers are taking a more cautious approach to investment, shifting their portfolios toward gold and other defensive assets as confidence in the country’s...
The National Treasury has expressed growing confidence in Eskom’s financial turnaround, saying the state-owned power utility is no longer at risk of collapse. Following the approval...
Despite the rising pressure of tariffs under US President Donald Trump’s administration, South Africa isn’t without options. According to Osagyefo Mazwai, an investment strategist at Investec...
The International Monetary Fund (IMF) has delivered yet another blow to South Africa’s economic outlook, slashing its 2025 growth forecast to just 1.0%, down from its...
The South African Reserve Bank (SARB) has sounded the alarm over potential economic fallout from new trade tariffs imposed by United States President Donald Trump. According...
The South African government has issued a strong call to G20 nations to urgently address illicit financial flows (IFFs), which are costing the country billions each...