South African banks poised for resilience amid economic challenges - Fitch Ratings

Tawanda Karombo|Published

Fitch Ratings analysts project that South African banks will remain resilient against economic challenges, supported by diverse revenue streams and stable profitability, ...

SA automotive sector eyes R30bn boost through revival of local content programme

Yogashen Pillay|Published

Minister Parks Tau announces the revival of the Automotive Production Development Programme to counteract the impact of US tariffs on South African imports, aiming ...

South Africa braces for job losses as US imposes steep US tariffs on exports - EY

Siphelele Dludla|Published

Professional services firm EY warns that the newly imposed 30% tariff on South African exports to the US could lead to around 100,000 job losses, particularly in ...

Retail sales growth slows in June amid mixed consumer sentiment

Siphelele Dludla|Published

As South Africa's retail sector adapts to shifting economic tides, we uncover insights on consumer spending trends and the implications of job security on buying ...

Sacci warns that US tariffs could threaten South Africa's economic stability

Siphelele Dludla|Published

Sacci on Wednesday said this initiative poses a significant threat not only to the nation's economy but also to the sustainability of long-term business relations ...

Mining activity accelerates in June driven by PGM, showing promise for GDP growth

Siphelele Dludla|Published

South Africa's mining and manufacturing sectors are experiencing significant growth, with new data indicating a positive contribution to the nation's GDP in the ...

Minimum Pricing on Alcohol: A risky shortcut South Africa can’t afford

Charlene Louw|Published

South Africa faces a significant challenge with harmful drinking, and the proposed Minimum Unit Pricing policy may exacerbate the issue rather than alleviate it. ...

GPAA refutes allegations of mismanagement amid scrutiny over office lease agreements

Siphelele Dludla|Published

The Government Pensions Administration Agency (GPAA) has strongly denied allegations of financial mismanagement and irregular procurement practices, amidst ongoing ...

Glenmore's R2bn claims against health service providers dismissed by Competition Tribunal

Siphelele Dludla|Published

The Competition Tribunal has dismissed Glenmore Capital's complaint against major health institutions, highlighting the challenges faced by companies trying to navigate ...

South Africa's unemployment rate hits highest level in a year as jobless numbers soar

Siphelele Dludla|Published

South Africa's unemployment rate has surged to 33. 2%, with 140,000 more individuals seeking work in the last quarter. While there are slight improvements in employment ...

KwaZulu-Natal set to showcase tourism and film opportunities at TIFA 2025

Yogashen Pillay|Published

KwaZulu-Natal is gearing up to host the Tourism Investment Forum Africa (TIFA) 2025, bringing together global investors and industry leaders to explore diverse investment ...

Home Affairs partners with Capitec, FNB to expand passport and Smart ID services

Philippa Larkin|Published

Discover how the new digital partnership between Home Affairs, Capitec, and FNB aims to revolutionise access to Smart ID and Passport services, making it easier ...

South Africa's unemployment rate rises to 33. 2% in second quarter

Ashley Lechman|Published

Amid rising unemployment levels and a fluctuating job market, South Africa faces a pivotal moment. Discover how sector trends and regional disparities are shaping ...

Manufacturing output unexpectedly increases in June, signalling positive GDP contribution

Yogashen Pillay|Published

Stats SA's latest report reveals a 1. 9% increase in manufacturing production for June 2025, sparking mixed reactions among economists regarding the sector's recovery ...

National Dialogue Convention set to proceed amid concerns over costs

Yogashen Pillay|Published

Amid rising concerns about costs, South Africa's first National Convention of the National Dialogue is set to take place on Friday, aiming to foster public discussions ...

South Africa's agri-food trade with the EU declines amid rising barriers

Yogashen Pillay|Published

Research from Stellenbosch University and Mendel University reveals that South Africa's agri-food exports to the EU are facing significant challenges due to rising ...

Manufacturing sector shows encouraging signs with uptick in capacity utilisation

Yogashen Pillay|Published

Stats SA's latest report reveals a slight increase in manufacturing capacity utilisation for May 2025, highlighting key trends across various sectors and the impact ...

Environmentalists to challenge Eskom's nuclear plans amid concerns over outdated studies

Banele Ginindza|Published

Environmentalists and civil society are set to meet following the government's decision to uphold the controversial 2017 authorisation for a new nuclear power station ...

SARB Governor warns of modest growth impact from US tariffs and global factors

Siphelele Dludla|Published

SARB Governor Lesetja Kganyago discusses the impact of US tariffs on South Africa's economy, highlighting modest growth projections and the need for structural reforms ...