Featured Generative AI could add $600b to BRICS+ economies by ’30 – report Aya El Sayed Jan 21, 2025 0 The adoption of generative artificial intelligence (AI) technologies could generate up to $600 billion in economic…
Africa News S. Africa’s manufacturing contracts again in Dec ’24 Aya Anwar Jan 8, 2025 0 South Africa's seasonally adjusted Absa Purchasing Managers’ Index (PMI) fell to 46.2 points in December 2024, a…
Commodities S. Africa to raise fuel prices in Jan Aya Anwar Dec 30, 2024 0 South Africa's government stated that the petrol price would increase by up to 19 cents per litre, while diesel…
Africa News S. Africa’s producer price index declines in Oct. ’24 Nada Ali Nov 28, 2024 0 South Africa's producer price index (PPI) for final manufactured goods decreased 0.7 per cent year-on-year in…
Featured Goldman Sachs: S. Africa inflation could undershoot expectations Aya El Sayed Nov 27, 2024 0 Goldman Sachs forecasts South Africa's inflation to average 3.3 per cent in 2024, significantly below the central…
Africa News TotalEnergies eyes 7 exploration wells in S. Africa Nada Ali Nov 26, 2024 0 TotalEnergies is seeking approval to drill up to seven exploration wells in the southern part of its Deep Water…
Africa News Egypt’s trade w/ African blocs up in ’23 Aya Anwar Nov 19, 2024 0 Egypt’s total trade with African Union countries reached $9.2 billion in 2023, marking a 5.7 per cent increase from…
International News S. Africa unemployment rate declines in Q3 ’24 Nada Ali Nov 12, 2024 0 South Africa unemployment rate fell to 32.1 per cent in the third quarter of 2024, from 33.5 per cent in the…
Africa News S. Africa weighs tax rebates, subsidies to boost EV adoption Aya Anwar Oct 17, 2024 0 South Africa is exploring tax rebates and subsidies to encourage electric vehicle (EV) adoption, President Cyril…
Money South Africa’s c.bank cuts interest rates, first time since 2020 Yomna Yasser Sep 19, 2024 0 The South African Reserve Bank (SARB) announced a 25-basis point cut in the policy rate on Thursday, September 20,…