News

The South African rand was weaker in early trade on Thursday, ahead of local first-quarter current account data.
South African Finance Minister Enoch Godongwana said he is waiting for a report on the country’s inflation-targeting ...
All indications were that exports are set to slow given the current economic climate, recent indicators, as well as surveys ...
South Africa’s central bank is pushing a major move toward digital payments, even though current systems fall short for ...
South Africa’s latest GDP data means that forecasts for 2025 are likely to be cut yet again, threatening another year of ...
The Postbank Black Card rollout was abruptly suspended in April following a chaotic transition from the SASSA Gold Card.
South Africa’s real GDP growth has been flat for a decade, and the OECD has highlighted the need for urgent reform. The ...
New passenger car sales reached 31,741 units in May, up 30% from 24,419 units in May 2024. Light commercial vehicles, ...
A rate cut last week by the South African Reserve Bank added impetus to a bond rally that’s seen yields on benchmark ...
Follows a high court ruling in May that exporting funds via cryptocurrencies does not violate exchange controls.
African Bank readies digital lending business for SMEs By Sibahle Malinga, ITWeb senior news journalist.Johannesburg, 02 Jun 2025African Bank’s digital lending business will assist to deploy working ...
A lower South African inflation target coupled with a revised borrowing strategy could save the government as much as ...