South African private sector activity shrank much less quickly in June, after a record pace of contraction the month before.
South Africa?s seasonally-adjusted Absa Purchasing Managers? Index expanded in June.
South African start-up SunExchange has raised R50,4 million from a company backed by one of the country’s richest businessmen.
MTN faces new allegations of aiding militant groups in Afghanistan in an amended lawsuit filed on behalf of hundreds of families of US soldiers.
After selling a record R69. 6 billion of South Africa’s recently downgraded bonds this year, foreign investors are rushing back to grab the high-yielding debt in ...
South Africa?s central bank will no longer allow commercial lenders to use debt issued by state-owned Land Bank.
SA?s rand weakened early on Monday, sliding to a record low, after Fitch cut the country?s credit rating on Friday for the second time in a week.
South Africa saw a dip in foreign direct investment in 2019 compared to the previous year.
South Africa?s rand tumbled to a four-year low on Monday.
South Africa?s rand firmed early on Wednesday, finding relief from a surprise rate cut the U. S. central bank.
South Africa?s rand weakened early on Tuesday, giving back most of its gains from the previous session.
South Africa?s seasonally adjusted Absa Purchasing Managers? Index (PMI) slipped deeper into contraction territory in January.
Nearly half of companies in South Africa had no taxable income in 2017 while a quarter recorded a taxable loss.
The IMF has approved a second tranche of a $247m loan to be paid to Angola under its Extended Fund Facility.
South Africa?s rand was weaker early on Thursday as a batch of economic indicators showed the economy was still on its knees.
South Africa?s current account deficit narrowed to 3. 7% of gross domestic product (GDP) in the third quarter from 4. 1%.
South African business confidence recovered slightly in November.
Foreign investors have ditched more than R141bn of South African stocks and bonds this year.
Activity in South Africa?s private sector shrank for the seventh consecutive month in November.
South Africa?s gross domestic product contracted 0. 6% in the third quarter, following a revised 3. 2% expansion in the second quarter.
South African consumer inflation dropped in October to its lowest level since February 2011 as fuel prices fell sharply.
SAA said it would resume flights to 6 African destinations, as not all unions and union members joined a strike over wages, in its fourth day.
Two unions at SAA representing about 2,500 employees said on Thursday they would go to the labour court to block SAA's plan to cut 900 jobs.
SAA said it would offer unions a revised wage increase in a bid to avert a strike.
Moody?s pushed state power firm Eskom?s credit rating deeper into subinvestment territory on Tuesday.