Interest rates not expected to fall anytime soon, and the Water and Sanitation Department looks for private companies to build hydropower plants and solar power facilities in the Eastern Cape.
Big increases in fuel prices on the cards, the budget could bring some unpleasant surprises, and the country contemplating a loan from the European Investment Bank to assist in its decarbonization process.
South Africa's state enterprises continue to rack up staggering losses, Heineken shares slide, and Japan slips into recession, losing its status as the world s third-largest economy.
A study has outlined the worrying concern of the effects of coal mine closures on communities in South Africa, and the US Federal Reserve Bank's latest inflation rates impact South Africa negatively.
Volkswagen to invest millions in solar energy to counter load shedding, and Markus Jooste's rumoured ex-girlfriend loses her bid to appeal the blocking of suspected ill-gotten gains.
Harvard’s Hausmann blames SA’s ‘lousy’ economic performance on the lack of electricity, Ramaphosa agrees but cites logistic issues as an additional factor, and MultiChoice rejects buy-out offer from Canal+.
Lobby groups urge Ramaphosa not to sign the NHI bill into law, problems at Cape Town's port cause huge losses, and Meta's billion-dollar surge is the biggest in stock-market history.
Shares in MultiChoice surge, and disgraced audit firm KPMG, agree to a R500 million settlement following a three-year lawsuit by the liquidator of the VBS Mutual Bank.
South African banks are "not" funding Hamas, Ellies goes into business rescue, and former deputy president Phumzile Mlambo-Ngcuka, joins the Mercedes Benz SA board.
Construction work on Stellantis' assembly plant in Coega should start in May, the IMF slashes its growth outlook for South Africa, and Shoprite Checkers continues to surge ahead of the competition.
A profit warning from Truworths, the Transport Minister is suspended, and Elon Musk's Neuralink brain chip company has successfully implanted its inaugural chip in a human participant.
The CEO of Transnet takes a leave of absence following corruption claims, and according to RMB Morgan Stanley South Africa offers affordability in comparison to its global peers.
Woolworths issues an interim profit warning, Clicks reports record Christmas trade, and the president fires Thabi Leoka from his economics advisory council.
South Africa's supply chain woes are far from over, Thabi Leoka resigns amidst fake Ph.D. allegations, and beware of MMM's Krypto 'too good to be true' promise.
The Reserve Bank to decide on whether or not to leave interest rates as is this Thursday, Fitch predicts public debt will rise and a stronger end to the markets.
22 Jan 2024
2 min
280 – 300
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