Vodacom’s profits dip 10.8% on Ethiopia startup costs
Vodacom Group reported a 10.8 per cent decline in full-year earnings on Monday, citing start-up losses in Ethiopia…
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South Africa
Amazon taps South African e-commerce market
E-commerce giant Amazon officially launched its online marketplace in South Africa on Tuesday, setting its sights…
S. Africa’s manufacturing activity rises in April – PMI
South African manufacturing saw a boost in April, according to Reuters citing a Purchasing Managers' Index (PMI)…
China boosts trade with BRICS by 13%
Trade between China and other BRICS members surged by 11.3 per cent in the first quarter of 2024, reaching 1.49…
S. Africa regards BHP bid typical market activity
South Africa regards BHP Group's proposed bid for Anglo American as typical market activity, according to Reuters…
S. Africa’s expected to cut rates – poll
South Africa's central bank is now expected to enact a mere 50 basis points of interest rate cuts this year, a…
S. Africa to use contingency reserves to tackle debt
South Africa plans to use future withdrawals from its Gold and Foreign Exchange Contingency Reserve Account to…
S. Africa manufacturing activity declines in March
Manufacturing activity in South Africa declined in March, as indicated by the Purchasing Managers' Index (PMI).
S. Africa’s producer price inflation down to 4.5% in Feb
South Africa’s annual producer price inflation for final manufacturing stood at 4.5 per cent in February 2024.
BRICS bank plans to provide $5b loans in ’24
The New Development Bank (NDB), set up by the BRICS group of emerging economies, plans to provide approximately $5…
