News

South African rand stable after VAT hike withdrawn, markets await budget clarity
The South African rand was stable on Thursday after the finance ministry said it was withdrawing a contentious increase in ...
South Africa scraps proposed tax increase after pushback from coalition partners and opposition
The South African government has canceled a proposed tax increase that has threatened to collapse the unity government after ...
Zelensky cuts short South Africa visit after Russian attack on Kyiv
At least nine people were killed and dozens injured, including children, in the attack in Ukraine, officials say.
Traders Add to South African Rate-Cut Bets After Inflation Cools
South African inflation slowed to an almost five-year low in March, taking it below the floor of the central bank’s target ...
South Africa finally has a masterplan for a renewable energy industry: here’s what it says
South Africa’s ambitious renewable energy masterplan has been approved, but will need huge funding and co-ordination between government departments.
‘American Pie’ star Shannon Elizabeth met her ‘soul mate’ in South Africa
American Pie” star Shannon Elizabeth reveals she had to make some adjustments after moving to South Africa, where she met her ...
Saudi Push Into South Africa Yields Billions of Dollars in Deals
A flurry of meetings between Saudi Arabia and South Africa over the past year has culminated in discussions about or signed ...
Emerging economies face longer period of tighter financing, South African central banker says
Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free ...