Yogashen Pillay

Journalist

SA Reserve Bank holds rates steady at 7% as inflation edges higher

Yogashen Pillay|Published

he MPC has revised its inflation and GDP forecasts for 2025, indicating a balanced outlook for inflation and a need for improved capital formation to drive growth ...

Durban and Johannesburg to host Africa's Travel Indaba for the next five years

Yogashen Pillay|Published

Durban has been confirmed as the host city for Africa's Travel Indaba for the next five years, a decision that promises significant economic benefits and opportunities ...

Easing inflation sparks interest rate cut optimism

Yogashen Pillay|Published

South Africa's annual consumer price inflation fell to 3. 3% in August, raising expectations for a potential interest rate cut by the South African Reserve Bank. ...

Deputy finance minister punts SA's informal sector in combating high unemployment

Yogashen Pillay|Published

Deputy Minister of Finance Ashor Sarupen highlights the potential of South Africa's informal sector in addressing unemployment and emphasises the need for collaboration ...

TNPA nears completion of Newark Road upgrade to ease congestion at Richards Bay Port

Yogashen Pillay|Published

ransnet National Ports Authority is nearing the completion of a vital upgrade to Newark Road, aimed at alleviating severe traffic congestion affecting Richards Bay ...

South Africa's financial sector faces new challenges amid socio-economic turmoil

Yogashen Pillay|Published

Unathi Kamlana, Commissioner of the FSCA, addresses the pressing socio-economic challenges facing South Africa and highlights the pivotal role of the financial sector ...

BER warns GDP rebound masks deeper economic fragilities

Yogashen Pillay|Published

Despite a modest GDP growth of 0. 8% in the second quarter of 2025, the Bureau for Economic Research warns that South Africa's economic recovery is threatened by ...

Cargo movement report highlights record throughput despite ongoing challenges

Yogashen Pillay|Published

The latest cargo movement report from SAAFF and BUSA reveals record increases in cargo throughput in South Africa, while highlighting ongoing operational challenges ...

Global commodity traders’ influence raises alarms over rising food prices

Yogashen Pillay|Published

Explore how the ABCD+ group of global commodity traders exerts significant influence over grain prices, affecting food costs and economic stability, particularly ...

PayInc Economic Index shows resilience amid economic challenges

Yogashen Pillay|Published

Despite ongoing economic challenges, the PayInc Economic Index for August 2025 indicates a fourth consecutive month of growth, highlighting resilience in South Africa's ...

MEC Rev Musa Zondi highlights the role of tourism in KZN's economic growth

Yogashen Pillay|Published

KZN MEC Rev Musa Zondi emphasises the importance of tourism for economic growth and inclusivity during the launch of Tourism Month, highlighting sustainable practices ...

Government intensifies cattle vaccination drive to combat Foot and Mouth Disease

Yogashen Pillay|Published

The Department of Agriculture is ramping up its vaccination efforts against Foot and Mouth Disease, with Minister John Steenhuisen leading a targeted drive to protect ...

Agriculture's recovery phase shows promise for South Africa's GDP growth

Yogashen Pillay|Published

South Africa's agricultural sector is experiencing a recovery, with GDP growth driven by improved performance in horticulture and field crops. Despite challenges ...

South African consumers are spending less but gambling more, says Absa report

Yogashen Pillay|Published

According to the latest Absa Merchant Spend Analytics Report, South African consumers are spending less on traditional purchases while significantly increasing their ...

South Africa's economic growth faces severe challenges as productivity stagnates

Yogashen Pillay|Published

A recent report by the Bureau for Economic Research highlights the significant decline in South Africa's economic growth over the past decade, attributing it to ...

August tractor sales surge by 22% in South Africa

Yogashen Pillay|Published

August saw a remarkable 22% increase in tractor sales in South Africa, reflecting positive sentiment in the agricultural machinery sector. Experts predict continued ...

Transnet sees 7. 8% revenue boost after slashing annual loss to R1. 9bn

Yogashen Pillay|Published

Transnet's annual results for the year ending 31 March 2025 reveal a 7. 8% increase in revenue and significant improvements in financial performance, despite ongoing ...

Domestic workers endure harsh realities as South Africa's economy stagnates: Sweepsouth

Yogashen Pillay|Published

The 8th Annual Sweepsouth Report highlights the ongoing struggles faced by domestic workers in South Africa, revealing alarming statistics on pay, working conditions, ...

Absa maintains growth forecast amidst global economic uncertainty

Yogashen Pillay|Published

Absa's latest Quarterly Perspectives report reveals a cautiously optimistic growth forecast for South Africa, highlighting challenges such as inflation and trade ...

Government ramps up cattle vaccination campaign to fight foot and mouth disease

Yogashen Pillay|Published

Minister of Agriculture John Steenhuisen announces the rollout of a Cattle Vaccination Campaign to combat Foot and Mouth Disease, addressing community concerns and ...

Concerns rise over potential closure of ArcelorMittal South Africa's long steel business

Yogashen Pillay|Published

Newcastle residents express deep concern over the potential closure of ArcelorMittal South Africa's Long Steel Business, which could jeopardise thousands of jobs ...

Agribusiness confidence slips amid rising concerns over trade and disease

Yogashen Pillay|Published

The Agbiz/IDC Agribusiness Confidence Index for Q3 2025 reveals a slight decline in confidence, driven by concerns over Foot and Mouth Disease and trade issues with ...

South Africa's manufacturing activity slips into contraction, sparking economic concerns

Yogashen Pillay|Published

The Absa Purchasing Managers’ Index (PMI) for August 2025 indicates a worrying decline, slipping into contractionary territory at 49. 5 points. This article explores ...

Lesotho Highlands Water Project Phase II makes steady progress despite delays

Yogashen Pillay|Published

Despite facing delays, the Lesotho Highlands Development Authority reports significant progress in Phase II of the Lesotho Highlands Water Project, which aims to ...

South Africa, Lesotho governments assess progress as construction advances at Polihali Dam

Yogashen Pillay|Published

Ministers from South Africa and Lesotho visited the Lesotho Highlands Water Project to assess the construction progress of the Polihali Dam, highlighting the project's ...