South Africa economy

The South African rand strengthened on Monday ahead of key manufacturing figures and U.S. tariff talks that could impact the country’s trade prospects.

KEY POINTS South African rand weakens by 0.2 percent against the dollar. Ministers to update on trade talks with the U.S. today. President Ramaphosa hints at support measures for affected …

South Africa’s budget was postponed after a VAT hike dispute between ANC and DA. The delay raises concerns over economic stability and policy uncertainty.

South Africa’s Finance Minister rules out using contingency reserves to bailout struggling state firms Eskom and Transnet, focusing instead on national debt reduction.

South Africa is poised to reclaim its position as the continent’s biggest economy next year, according to the latest forecasts by the International Monetary Fund (IMF). The IMF’s World Economic …

South Africa is feeling the impact of the escalating violence between Israel and Gaza and the release of the Census 2022 results on its economy and markets. The rand, the …