The South African Reserve Bank (SARB) is widely expected to keep interest rates on hold when Governor Lesetja Kganyago delivers the Monetary Policy Committee’s (MPC) first decision of the second quarter on Thursday afternoon, dashing earlier hopes of a much-anticipated cut that many households and businesses had been banking on. Just weeks ago, financial markets…
In a landmark move aimed at reshaping the landscape of one of Zimbabwe’s most vital economic sectors, the government has officially launched the Ethical Sales Floor in Harare—a state-of-the-art tobacco auction facility designed to inject transparency, competition, and fairness into the marketing of the country’s golden leaf. The 9,000-square-meter facility represents a bold step toward…
In a concerted push to transform the Southern African Development Community (SADC) into a truly integrated economic bloc, Deputy Minister of Trade, Industry and Competition Alexandra Abrahams has officially opened the 41st annual meeting of the SADC Technical Barriers to Trade (TBT) Structures, delivering a stark message to member states: the time for rhetoric is…
The announcement, made on Tuesday, provides a comprehensive roadmap for grant disbursements over the next 12 months, covering the Old Age Pension, Disability Grant, Child Support Grant, Foster Child Grant, Care Dependency Grant, Grant-in-Aid, and the War Veterans Grant. With approximately 19 million South Africans receiving some form of social assistance, the release of the…
In a bold bid to tackle one of South Africa’s most pressing socioeconomic challenges, the National Automobile Dealers’ Association (NADA) has unveiled “Motoring Mavericks,” a pioneering campaign designed to fundamentally reshape how young South Africans perceive careers in the automotive retail sector. The initiative arrives at a critical juncture, with youth unemployment remaining stubbornly high…
MOSSEL BAY – In a heartening display of rural solidarity, farmers in the Gouritz area near Mossel Bay have received a powerful show of community support as residents, businesses, and civil society organizations rally behind them during one of the most challenging periods in recent memory. The outpouring of backing comes as the region grapples with…
In a welcome reprieve for cash-strapped South African consumers, headline inflation slowed more than expected to 3.0% in February 2026. This marks a significant drop from the 3.5% recorded in January, according to the latest consumer price index (CPI) data released by Statistics South Africa on Wednesday. The figure lands right at the lower end…
For a nation wearily accustomed to the relentless creep of rising prices, the news feels almost surreal. According to the latest quarterly Survey of Inflation Expectations released by the Bureau for Economic Research (BER) for the first quarter of 2026, South Africa is on the cusp of an unprecedented period of price stability. The survey,…
Pretoria – In a forceful and urgent address, the Executive Secretary of the Southern African Development Community (SADC), Elias Magosi, has issued a clarion call for member states to radically break from the colonial-era economic model of exporting raw minerals, arguing that the region’s future prosperity hinges on its ability to process its own resources…
For the better part of two decades, the narrative surrounding Eskom has been one of crisis: staggering debt, rolling blackouts, and a seemingly endless cycle of government bailouts. But in a landmark briefing to Parliament, the Department of Electricity and Energy has delivered a message that would have once seemed unthinkable: Eskom is financially solvent,…
