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Ramaphosa calls for urgent overhaul of local economies as LED Summit sets reform agenda

Siphelele Dludla|Published

President Cyril Ramaphosa emphasises the need for municipalities to transform into economic drivers at the 2026 National LED Summit, focusing on small businesses and service delivery to foster local economic growth.

Rising living costs push South Africans deeper into debt, experts warn

Yogashen Pillay|Published

South African consumers are increasingly turning to credit as rising fuel prices, food costs, and stagnant wages create a perfect storm of financial strain. Experts ...

Economic momentum builds but war risks cast shadow over outlook, PayInc Index shows

Yogashen Pillay|Published

South Africa's economy demonstrated renewed momentum in March, with the PayInc Economic Index showing a 0.9% increase. However, economists warn that escalating geopolitical ...

White maize price plunges 39%, easing consumer pressure but squeezing farmers

Yogashen Pillay|Published

South Africa's white maize price has dropped significantly, causing mixed reactions across the agricultural sector. While consumers and downstream industries welcome ...

Mining surge masks structural weaknesses as PGMs, China demand lift output, warns industry

Siphelele Dludla|Published

South Africa's mining sector begins 2026 with a significant production increase, driven by platinum group metals and external demand, but faces challenges from geopolitical ...

How Middle Eastern conflict is driving up fertilizer costs and food prices in SA

Thabile Nkunjana|Published

The ongoing geopolitical tensions are causing significant disruptions in global fertilizer supplies, leading to soaring food prices and increased food insecurity, ...

IMF reaffirms strong commitment to Africa as growth risks mount

Siphelele Dludla|Published

The International Monetary Fund has pledged its unwavering support for African economies as they face rising debt pressures and global uncertainties. This commitment ...

IMF praises South Africa’s resilience despite growth downgrade amid rising global risk

Siphelele Dludla|Published

The International Monetary Fund commends South Africa's economic management while downgrading its growth forecast, highlighting the nation's resilience amid global ...

IFC and Citi launch R1.6bn facility to boost local currency financing in South Africa

Siphelele Dludla|Published

The International Finance Corporation and Citigroup have partnered to establish a R1.6 billion borrowing facility, enhancing local currency financing in South Africa ...

Middle East conflict drives surge in farming costs, warns Absa AgriBusiness

Yogashen Pillay|Published

Rising geopolitical tensions in the Middle East are significantly affecting South Africa's agricultural sector, leading to increased input costs and supply chain ...

IMF cuts South Africa growth outlook as Middle East war fuels global risks

Siphelele Dludla|Published

The IMF has revised South Africa's economic growth forecasts for 2026 and 2027, citing the impact of escalating conflict in the Middle East and rising inflation. ...

Numsa declares deadlock in Eskom wage talks, warns of rising tensions

Siphelele Dludla|Published

Numsa has declared a deadlock in wage negotiations with Eskom, rejecting a 7% annual increase and warning of escalating tensions if the impasse is not resolved. ...

Inside Gledhow Mill: How sugar company's R1.8bn expansion hopes to safeguard jobs

Yogashen Pillay|Published

Gledhow Sugar Mill in KwaDukuza is set to undergo a R1.8 billion expansion, creating 400 jobs and revitalising the local economy. General manager Dawid Louw discusses ...

Mining industry rebounds to 2-year high amid uneven recovery

Yogashen Pillay|Published

South Africa's mining sector experienced a significant rebound in February 2026, with production rising by 9.7% year-on-year, driven primarily by platinum group ...

Fuel price surge threatens food affordability for SA households, civil society warns

Yogashen Pillay|Published

Civil society groups in South Africa are sounding the alarm over rising fuel prices and their potential impact on food affordability, warning that vulnerable households ...

IMF cuts 2026 global growth forecast to 3.1% as war clouds outlook

Siphelele Dludla|Published

he International Monetary Fund has revised its global growth forecast for 2026 down to 3.1% due to escalating conflicts in the Middle East, which threaten energy ...

Dube TradePort SEZ opens up new vistas for India-SA trade relations

Fawzia Moodley|Published

The expansion of Dube TradePort SEZ on KwaZulu-Natal's north coast presents significant opportunities for Indian investment, enhancing economic ties between India ...

Kaspersky report reveals over one million bank accounts compromised as cyberthreats evolve

Ashley Lechman|Published

Over a million online banking accounts were compromised in the past year, according to a Kaspersky report. With financial cyber threats rapidly evolving, it's more ...

A flexible workforce is critical in the face of rising fuel costs and economic volatility

Quintus Sliep|Published

With the current level of uncertainty, it has become difficult for businesses to accurately predict demand.

Should AI be open or closed?

Wesley Diphoko|Published

On April 27, 2026, a pivotal courtroom clash between Elon Musk and Sam Altman will challenge the very essence of artificial intelligence. As the debate unfolds, ...