April 04
South Africa: SA Reserve Bank Is Exorcising the Spectre of Stagflation
The South African Reserve Bank is unlikely to cut interest rates in the near future. Read more »
South Africa: Harmony, Unions Strike Gold With Historic Five-Year Wage Pact
Harmony Gold signed a historic inflation-linked five-year wage agreement with five unions on Thursday, the day after the precious metal's price hit a record high. The deal should… Read more »
South Africa: While the People Are Desperate for Jobs, the Country Is Rapidly Deindustrialising
ArcelorMittal South Africa is acutely aware of the severe consequences of winding down the Long Steel business on the economy and in particular, on employment in SA. Read more »
March 28
South Africa: Government Officially Scraps Disastrous E-Toll System
It's finally official. Gauteng motorists can now breathe a sigh of relief following the government's official announcement and gazetting of its decision to scrap the disastrous… Read more »
March 26
South Africa: Komati Power Station - The Cautionary Tale of the Just Energy Transition and Lessons to Be Learnt
Members of the Presidential Climate Commission have repeatedly pointed out that the many mistakes in the project to decommission the Komati Power Station should never have been… Read more »
March 21
South Africa: Disgraced Steinhoff Boss Markus Jooste Reportedly Shoots Himself
Disgraced former chief executive of Steinhof Markus Jooste has reportedly shot himself just more than 24 hours after the Financial Sector Conduct Authority revealed that it was… Read more »
South Africa: Tasting the Koeksuster Economy of the Karoo
Small-town bakers have become a critical financial lifeline for their families and communities. Read more »
March 19
South Africa: Diamond Dealer Louis Liebenberg Helps Boost Mk's Gauteng Fortunes
The uMkhonto Wesizwe party, led by former President Jacob Zuma, is making inroads in Gauteng. Read more »
March 20
Africa: Russian Gazprombank Africa Deal to Reboot Petrosa Mossel Bay Refinery Hits Key Deadline in April - Mantashe
A clearer picture of the Russian-linked Gazprombank Africa investment and funding for PetroSA's mothballed Mossel Bay refinery to ensure its self-sustainability would emerge in… Read more »
South Africa: SAA-Takatso Deal Should Be Probed By Special Investigating Unit, MPs Say, but Gordhan Disagrees
'We would be failing in our duties as MPs if we did not ask Minister Gordhan to explain how SAA will sustain itself after 18 months.' Read more »
South Africa: Court Orders FNB to Freeze Payments From Jacob Zuma's Account - and Recover R2.9-Million Plus Interest
In a statement issued on Wednesday morning, First National Bank noted that it was instructed by the High Court to place a hold on outgoing payments from former president Jacob… Read more »
South Africa: South African Consumer Inflation Accelerates in February, Trajectory Bodes Ill for Rate Cuts
South African consumer inflation picked up pace in February, accelerating year-on-year to 5.6% from 5.3% in January. One silver lining was a slowdown in food inflation, but that… Read more »
March 14
South Africa: After the Bell - Gordhan's Blunders On the Runway to the Failed SAA Privatisation Deal
All of the government's future attempts at dumping its hot potatoes in private sector laps will rely on the government keeping its word, being able to execute sensibly and quickly,… Read more »
South Africa: Mixed Bag - SA's January Mining Output Slumps, but Manufacturing Grows
The first big data bite of the industrial arms of South Africa's economy for 2024 showed a melange, with mining production falling in January while manufacturing output gained… Read more »
South Africa: 'Our Revolution Was Horribly Disrupted' - - Trevor Manuel On SA's Transition and Not Giving Up On Our Values
This is former finance minister Trevor Manuel's keynote address at The Gathering: Twenty Twenty-Four. Read more »
March 06
South Africa: How Google and Facebook Are Killing Local News Publications
This week the Competition Commission is probing how online news is affected by AI chatbots, search and advertising technology. The outcome of the hearings is important for the… Read more »
March 07
South Africa: There's Cause to Be Optimistic About South Africa's Economic Prospects
South Africa's economic trajectory is steadily changing for the better. It must be underpinned by South Africans acting together to intensify the reconstruction and recovery… Read more »
March 06
South Africa: Mantashe Allays Fears of Looming SA Gas Crisis Amid Protests Against Continued Use of the Fuel
Outside the Africa Energy Indaba where Gwede Mantashe was speaking, Extinction Rebellion and the Green Connection protested against 'green gas' and the intent to turn to gas as a… Read more »
March 03
Zimbabwe: Apartheid Destruction of Zimbabwe's Air Force - 1982 Thornhill Mystery Solved
A South African government memorandum, squirrelled away by a former apartheid operative, has revealed the answer to a 42-year-old mystery: who was behind the devastating 1982… Read more »
March 05
South Africa: Concerns Raised As Another Livestock Carrier Set to Traverse Cape of Good Hope
The livestock carrier MV Bahijah, carrying 16,000 animals, will travel to the Port of Haifa in Israel via the Cape of Good Hope. While it's not expected to dock in South Africa,… Read more »
March 03
South Africa: At the Exporters' Forum, Gas Touted As Cleanest Energy Source in Transition to Sustainable Fuels
At their summit in Algiers, leaders of gas-exporting countries asserted their sovereignty over their reserves and their determination to promote the resource as affordable,… Read more »
March 04
South Africa: Cape Town Cracks Down On Construction Mafias, but Violence and Extortion Persist
In 2024, gangs of extortionists have persisted in destabilising construction projects, but the metro says efforts to clamp down are seeing results. Read more »
February 28
South Africa: All You Need to Know About Michelle Phillips, Transnet's Eighth CEO in 23 Years
Michelle Phillips has the big job of arresting the perennial decline of Transnet's freight rail and port operations, which is undermining the recovery and growth of SA's economy. Read more »
South Africa: Harmony Gold Churns Out the Cash, Boosted By World's Deepest Gold Mine
Record gold prices have flowed directly to the bottom line of Harmony Gold, which posted a record free cash flow and dividend for the first half of its financial year. Much of this… Read more »
February 29
South Africa: Exclusive - - AMCU Says New Labour Party Registered, Invites 'Progressive Forces', Including Other Unions, to Join
The Association of Mineworkers and Construction Union says it has registered a new Labour Party with the Electoral Commission of South Africa to contest the 2024 national and… Read more »