South Africa?s inflation rate dropped below the central bank?s target range for the first time in 15 year in May due to lower fuel prices
Transnet SOC Ltd. will deploy to staff to its container and multipurpose terminals at the Port of Cape Town in a bid to clear backlogs caused by the coronavirus ...
South Africa?s Treasury will outline plans in its medium-term budget policy statement in October to free up R250bn.
Too rich for debt relief available to most African nations and hobbled by its politics, South Africa is facing a public financing crisis.
South African Finance Minister Tito Mboweni will deliver a special adjustment budget on Wednesday, the first of its kind in at least 27 years.
The South African Reserve Bank will resist calls to finance the government’s growing budget deficit.
Developed nations are considering financial support for a plan to relieve African countries of debt payments without triggering default.
South African business confidence plunged to the lowest level in 45 years due to the impact of the coronavirus pandemic.
A plan to support South Africa’s ailing sugar industry has been delayed by the coronavirus pandemic.
Finance Minister Tito Mboweni is rebuffing suggestions that the central bank help plug the hole.
The economic fallout of the coronavirus pandemic has turned South Africa?s typically hawkish monetary policy committee into doves.
South Africa?s cash-starved and short-staffed statistics agency is doing more with less to measure the impact of the coronavirus pandemic.
Some central bankers in sub-Saharan African economies may follow a more measured approach.
Almost one million people in Johannesburg, South Africa?s commercial hub, are in need of food aid due to movement restrictions.
The first commerce under an Africa-wide free-trade pact will provide new stimulus to countries to overcome the economic damage of the coronavirus.
Zimbabwe will get $7 million from the World Bank to fight the coronavirus pandemic despite being in arrears with the Washington-based lender.
SA?s National Treasury expects job losses, tax losses and a contracting economy due to the coronavirus pandemic and the lockdown to halt its spread.
SA business confidence slumped to a seven-month low in March even before the full impact of the coronavirus was transmitted through the economy.
South Africa?s economy could contract by 2% to 4% this year due to the coronavirus pandemic.
Africa may be two to three weeks away from the height of a coronavirus outbreak.
Sentiment in South Africa?s manufacturing industry had the worst quarter in 11 years.
Africa is 2 to 3 weeks away from the worst of the covid-19 storm and needs an emergency economic stimulus of $100bn to bolster preventative measures.
South Africa?s annual inflation rate rose above the midpoint of the central bank?s target range for the first time in 15 months.
The debate around South African interest rates has now moved from whether the central bank will cut on Thursday to how much it will cut.
Central bankers in five key sub-Saharan African countries will meet on interest rates in the next ten days.