IMF cuts South Africa’s 2026 growth forecast to 1.0% as global energy risks rise
The IMF has cut South Africa’s 2026 growth forecast from 1.4% to 1.0% due to…
Eskom agrees to 7% wage increase deal, raising concerns over costs and electricity pricing
Eskom has agreed to a 7% annual wage increase over three years, raising concerns about…
South Africa secures R889 billion in investment pledges, but delivery gap remains
South Africa has secured R889 billion in investment pledges, but only about 42% has been…
South Africa’s economic growth outlook weakens as forecasts are downgraded for 2026
South Africa’s economic growth outlook for 2026 has been downgraded amid ongoing structural challenges and…
Petrol price pressures mount in South Africa as global oil risks persist
Petrol prices in South Africa remain under pressure as global oil market uncertainty and a…
South Africa holds interest rates at 6.75% as global risks cloud outlook
South Africa has kept interest rates at 6.75% as the South African Reserve Bank weighs…
SARS Threatens to Seize Assets from Chippa United Owner Over R53 Million Tax Debt
The South African Revenue Service (SARS) has ramped up its enforcement efforts against Siviwe “Chippa”…