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South Africa economy

South Africa’s economy shrinks by 0.3% in the third quarter
Business
/ 3 December 2024

South Africa’s economy shrinks by 0.3% in the third quarter

Economists incorrectly predicted a slight uptick in GDP

By Anathi Madubela
OPINION | Samancor and the dark side of foreign investment
National
/ 10 November 2024

OPINION | Samancor and the dark side of foreign investment

The Samancor Chrome case shows how ‘investor-friendly’ policy has allowed corporate plunder to the detriment of long-term development

By Chloé van Biljon and Jaco Oelofsen
Pragmatic, pinched budget statement dampens growth hopes
Business
/ 31 October 2024

Pragmatic, pinched budget statement dampens growth hopes

Finance minister Enoch Godongwana forecast 1.8% growth over three years, coupled with a bigger deficit, as debt service costs crowd out fiscal space

By Emsie Ferreira and Anathi Madubela
Please Mr Postman, deliver the cheque
Business
/ 6 October 2024

Please Mr Postman, deliver the cheque

In this financial year’s budget, Parliament did not allocate funding for the South African Post Office, which is waiting for a R3.8 billion tranche

By Anathi Madubela
SA Breweries warns that inflated tax threatens jobs, local growth
Business
/ 30 September 2024

SA Breweries warns that inflated tax threatens jobs, local growth

The industry wants excise tax relief amid declining sales and economic strain

By Anathi Madubela
Agricultural outlook: What to expect for South Africa’s maize and oilseed market
Business
/ 10 July 2024

Agricultural outlook: What to expect for South Africa’s maize and oilseed market

White maize prices are likely to be 30% higher, with yellow maize up by 20%

By Wandile Sihlobo
Economic reforms still a priority amid GNU uncertainty
Business
/ 25 June 2024

Economic reforms still a priority amid GNU uncertainty

President Cyril Ramaphosa’s Operation Vulindlela is forging ahead with its next phase amid ongoing wrangling over positions in his executive

By Sarah Smit
Fitch raises red flags over ANC coalition with MK party,  EFF
Business
/ 5 June 2024

Fitch raises red flags over ANC coalition with MK party, EFF

Earlier this year, the ratings agency warned that a significant increase in the government’s debt-to-GDP ratio could knock its credit rating

By Sarah Smit

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