South Africa may follow Nigeria’s steps as economists predict 25bps rate cut
South Africa’s apex bank may reduce interest rate by 25 basis points next week, says economists who responded to a Reuters poll.
Contrast as South Africa raises rate, Nigeria retains rates
It is a world of contrasts for Africa’s two largest economies: South Africa and Nigeria. While Nigeria’s Central Bank of
South Africa goes into technical recession as GDP falls 0.7% in second consecutive quarter
Adesola Afolabi & Bukola Odufade Gross Domestic Product (GDP) data from South Africa’s statistical agency published
South Africa central bank lowers growth expectations for 2018
South Africa’s central bank Wednesday projected that economic growth this year will be “much lower” than initial expectations. The
Mixed reactions trail South Africa’s $227/month new minimum wage
The introduction of a new minimum wage in South Africa has elicited mixed reactions from several unionists in the country. South
South Africa needs reform state-owned enterprises to boost growth
Cyril Ramaphosa, South African President said the country needs to take extraordinary measures to boost growth following years of
S.Africa to open bidding round for green energy contracts in November
South Africa’s next round of bids for renewable energy agreements with independent power producers will begin in November and could
South Africa’s march manufacturing output down 1.3% y-o-y
South Africa’s manufacturing output contracted by 1.3 percent year-on-year in March following a revised 0.5 percent expansion in
Drought to cut South Africa’s agric output by 20%
A severe drought afflicting South Africa’s Western Cape province is expected to cut agricultural output by 20 percent in 2018,
South Africa’s economy rides on farming, trade, expands 3.1% in q4 2017
Statistics South Africa said Tuesday that the country’s economy expanded more than expected in the final quarter of 2017 largely