S. Africa unemployment rate declines in Q3 ’24
South Africa unemployment rate fell to 32.1 per cent in the third quarter of 2024, from 33.5 per cent in the…
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South Africa
S. Africa weighs tax rebates, subsidies to boost EV adoption
South Africa is exploring tax rebates and subsidies to encourage electric vehicle (EV) adoption, President Cyril…
South Africa’s c.bank cuts interest rates, first time since 2020
The South African Reserve Bank (SARB) announced a 25-basis point cut in the policy rate on Thursday, September 20,…
S. African consumer confidence index up to -5 in Q3
South Africa's consumer confidence index (CCI) rose to -5 points in the third quarter from -10 points in the…
Engie eyes more African renewable energy deals
Engie SA, the French utility, anticipates more deals in Africa’s renewable energy sector following its $1 billion…
S. Africa’s current account deficit significantly narrowed in Q2, surplus at R187.4b
South Africa's current account deficit narrowed significantly in the second quarter of 2024, decreasing from R106.9…
IMF: S. Africa repayment capacity secure amid economic difficulties
The International Monetary Fund (IMF) has completed its Post Financing Assessment for South Africa, confirming the…
Frustrated with EU, Turkey turns to BRICS for new alliances
Turkey has formally applied to join the BRICS group of emerging-market nations, aiming to enhance its global…
BRICS New Development Bank approves Algeria membership
Algeria has officially become a member of the BRICS New Development Bank (NDB), according to the bank's president,…
NDB’s 9th annual meeting starts in Cape Town
The Ninth Annual Meeting of the New Development Bank (NDB) kicked off on Thursday at the Cape Town International…
